Question 1

Is Lansvale a nice place to live?

Accepted Answer

Lansvale sits on the Georges River and reads as a practical riverside suburb of low-rise streets, riverside reserves and boat ramps where residents use the river for fishing and picnics. Housing ranges from older brick and weatherboard cottages to more recent townhouse infill, attracting families and commuters who value yards and straightforward, functional homes. The community of 2,595 has a median age of 40 and is weighted towards couple families, with 47.4% of households being couple families with children and owner-occupiers forming 75.9% of dwellings.

Everyday life is supported by local shops, sporting fields, community halls and riverfront parks, with road links connecting Lansvale to surrounding centres. There is a new Department of Education preschool planned at Lansvale East Public School with two preschool rooms, an outdoor play area and space for up to 40 children, and council upgrades have recently improved Lansvale Park while further amenity work is planned at Irelands Bridge Reserve. Whether Lansvale suits you depends on the kind of suburban, waterside living you want.

Question 2

Is it expensive to live in Lansvale?

Accepted Answer

On the figures for Lansvale, housing looks stretched against local incomes recorded at the most recent Census. The median house price of $1,170,000 is about 14.7 times a typical local annual household income at the last Census (median weekly household income $1,528). A house rent of $700 a week would take roughly 45.8% of that typical weekly household income, which is a large share of income.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Lansvale a good place to invest?

Accepted Answer

House values in Lansvale rose 6.4% over the past 12 months, a solid increase that represents capital growth on the house side. If capital growth is your priority, that is the figure that matters; whether it suits your goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.17M	N/A
Change in value Past 12 months	6.4%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	36	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	N/A	N/A

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