Question 1

Is South Lismore a nice place to live?

Accepted Answer

South Lismore sits just south of Lismore's city centre on the flat Wilsons River floodplain. Streets mix modest timber cottages, postwar weatherboard houses and some newer builds, giving a practical, lived-in character that suits families, tradespeople and retirees. Local shops, parks, sporting fields and riverside walking paths are all close at hand, and main roads provide access to regional services. The river and low-lying terrain are a constant presence, shaping open space, garden styles and the everyday rhythm of the neighbourhood.

The community numbers 1,775 people with a median age of 39 and is weighted towards families; couples with children are the largest family type and one-parent families are also common. Around 67.7% of homes are owner-occupied. South Lismore is the focus of flood-resilience and recovery work, including pump station upgrades and a restoration of the local sewage treatment plant with critical infrastructure moved to higher ground. Whether it suits you will come down to whether a practical, established riverside suburb with nearby everyday amenities fits your needs.

Question 2

Is it expensive to live in South Lismore?

Accepted Answer

On the figures, housing in South Lismore sits somewhat above what local households earned at the last Census. A median house price of $382,500 is about 5.9 times a typical local annual household income at the last Census, which places buying somewhat above local incomes. Renting a house at $545 a week would take roughly 43.5% of a typical local household's weekly income at the last Census, a large share, so if you're renting rather than buying that rent share is the number that matters.

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 South Lismore a good place to invest?

Accepted Answer

House values in South Lismore rose 11.9% over the past year, a strong increase, while house rents rose 9.0%, a solid gain. That means capital growth has been the stronger performer this year, while rental income also increased but by less. Whether that balance suits you depends on your personal goals and circumstances.

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	$383K	N/A
Change in value Past 12 months	11.9%	N/A
Sold Past 3 months	14	N/A
Median days on market Past 12 months	85	N/A
Average rent Past 12 months	$545	N/A
Change in rent Past 12 months	9.0%	N/A

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