All About Lismore, Corangamite, VIC, 3324
Lismore, located in the Corangamite Shire of Victoria, offers a unique blend of rural charm and community living that is attracting interest in its housing market. As a small town, Lismore's real estate scene is characterized by a range of affordable housing options, from classic weatherboard cottages to more modern homes. The town’s affordability, compared to larger city centers, makes it an attractive option for first-time buyers, young families, and retirees seeking a quieter lifestyle. The market is relatively stable, with gradual growth in property values reflecting the broader interest in rural living. This stability, coupled with the prospect of owning larger land parcels, appeals to those desiring room to grow, whether through gardening, hobby farming, or simply enjoying more space.
Living in Lismore provides an experience deeply rooted in community and the natural environment. Residents enjoy a relaxed pace of life, surrounded by picturesque landscapes and agricultural vistas. The town hosts a variety of local amenities, including shops, cafes, and community centers that foster a close-knit atmosphere. Lismore's location within the Corangamite Shire means residents have easy access to the stunning natural attractions of Victoria’s southwest, such as the Great Ocean Road and the Otway Ranges. Community events and the friendly, welcoming nature of the locals help reinforce a sense of belonging and attachment, making Lismore not just a place to live, but a place to call home.
Household Makeup
| Median Weekly Rent | $129.00 |
| Median Monthly Mortgage | $650.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 55.00 |
| Average Income | $480.00 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 12 |
| Typical 1 bed house | $246,000 |
| Typical 2 bed house | $226,000 |
| Typical 3 bed house | $352,000 |
| Typical 4 bed house | $589,000 |
Housing Stock
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Lismore Real Estate Market Outlook
Thinking about buying in Lismore? Now could not be a better time, with 696 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $242,000 with prices in this suburb ranging from $21,000 to $819,000. The aproximate distance to the coast is 69 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lismore due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lismore changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Lismore the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Lismore
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101-103 William Street, Lismore, VIC, 3324 |  0 |
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$175,000 |
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4 Christopher Ct, Lismore, VIC, 3324 | 0 |
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247500 |
Local Schools
Lismore Primary School
(While the above schools are located with the suburb of Lismore there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lismore weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.9 | 10.8 | 29.0 | 28.2 | 91.9 | 4.6 | 26.2 |
| Feb | 0.8 | 11.5 | 27.8 | 34.6 | 93.8 | 4.4 | 22.3 |
| Mar | 0.8 | 9.9 | 24.2 | 40.3 | 93.8 | 4.2 | 16.6 |
| Apr | 1.1 | 7.8 | 20.3 | 46.7 | 95.2 | 3.8 | 12.2 |
| May | 1.5 | 6.1 | 15.8 | 60.6 | 95.9 | 4.0 | 8.9 |
| Jun | 1.5 | 4.4 | 12.9 | 70.5 | 97.4 | 3.8 | 7.4 |
| Jul | 1.6 | 4.4 | 12.3 | 70.8 | 97.3 | 4.5 | 7.6 |
| Aug | 1.7 | 3.9 | 13.0 | 66.5 | 98 | 4.2 | 10.3 |
| Sept | 1.5 | 5.0 | 16.0 | 59.8 | 98.2 | 4.3 | 14.7 |
| Oct | 1.5 | 5.9 | 19.3 | 51.6 | 97.8 | 3.9 | 19.4 |
| Nov | 1.0 | 7.2 | 22.0 | 43.5 | 96.8 | 4.0 | 22.5 |
| Dec | 1.2 | 9.3 | 25.9 | 33.8 | 94.3 | 4.3 | 26.1 |
source: Australian Government Bureau of Meteorology
Public Transport
Camperdown - Greater then 10KM
General Points of Interest
Lismore Golf Course - Less than 5 KM
Lismore Pool - Less than 2 KM
War Memorial - Less than 2 KM
Nearby Suburbs
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