North Lismore, situated just across the Wilsons River from Lismore's central business district in the Northern Rivers region of New South Wales, offers a blend of affordability and community charm. This suburb appeals to a diverse range of residents, including families, professionals, and retirees seeking a relaxed lifestyle with convenient access to urban amenities.
Real Estate Market Overview
As of mid-2025, North Lismore's property market presents an attractive proposition for both homeowners and investors. The median house price is approximately $340,000, reflecting a 13.3% increase over the past year. This growth may have been impacted by the NSW Governments Buy Backs following the 2022 floods. Rental properties command a median weekly rent of $545, yielding a gross rental return of 9.1%, positioning North Lismore among the top suburbs in New South Wales for rental yields. dailytelegraph.com.au
Demographics and Community Profile
According to the 2021 Census, North Lismore has a population of 754 residents, with a median age of 42 years. Households in the area have an average size of 2.4 people and a median weekly income of $1,166. The community is predominantly owner-occupied, with 71.8% of homes owned outright or under mortgage. property.com.auyourinvestmentpropertymag.com.au
The suburb's socioeconomic status is modest, with a diverse mix of occupations and income levels contributing to a vibrant community fabric.
Lifestyle and Amenities
North Lismore offers a range of amenities that enhance the quality of life for its residents. The suburb is soon to be home to a new Public High School being relocated, parks, and recreational facilities. Its proximity to Lismore ensures access to healthcare services, shopping centers, and cultural attractions. The combination of urban conveniences and a relaxed lifestyle makes North Lismore an ideal location for various demographics.
Investment Considerations
While North Lismore presents promising opportunities, potential buyers should remain conscious of the suburb's history with natural disasters and the implications for insurance and property values.
As with any investment or purchase, conducting thorough due diligence and consulting with local real estate experts is advisable to make informed decisions.