What is the true cost of buying an apartment in Lismore?

The median apartment in Lismore is $380,000. Including stamp duty ($11,630), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $35,552, or $2,963/month.

What does it really cost to buy a house in Lismore?

The median house in Lismore is $520,000. True first-year cost including stamp duty ($17,930), rates, insurance, maintenance, and mortgage repayments is approximately $39,248.

What is the vacancy rate in Lismore?

Lismore currently has a vacancy rate of 0.8%. Properties average 65 days on market.

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True Cost of Buying in Lismore

2480 NSW · 730km to CBD

Stable

A decision, not just a search · Lismore

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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Market Intelligence

Lismore, a vibrant regional centre in the Northern Rivers region of New South Wales, offers an appealing blend of country charm and urban convenience approximately 730km from Sydney. With a population of 45,000, this thriving hub serves as the commercial and cultural heart of the region, attracting families, students, and tree-changers seeking an alternative lifestyle. The property market presents accessible entry points with median house prices at $520,000 and units at $380,000, positioning Lismore as an affordable option compared to metropolitan markets. The city's strong rental yield of 4.8% coupled with an exceptionally low vacancy rate of 0.8% indicates robust rental demand, largely driven by Southern Cross University students and regional workers. Lismore's economy benefits from diverse sectors including education, healthcare, agriculture, and creative industries, contributing to its resilience. The area is renowned for its alternative culture, farmers markets, and proximity to stunning hinterland villages and coastal areas. With a walkability score of 65/100, residents enjoy reasonable access to amenities, while the education rating of 7/10 reflects solid schooling options. The investment score of 68/100 and growth potential of 72/100 suggest moderate prospects for capital appreciation, though investors should consider the city's distance from major capitals and recent flooding history. For those seeking regional lifestyle opportunities with steady rental returns and community character, Lismore presents a compelling proposition, particularly as remote work trends continue to reshape location preferences across Australia.

Exceptional rental yield of 4.8% with minimal vacancy rate of 0.8%, indicating strong and consistent tenant demandAffordable property entry points with median house prices at $520,000, well below metropolitan NSW averagesHome to Southern Cross University, providing stable rental demand from student populationRegional hub status offering comprehensive services, employment, and amenities for surrounding areasStrong community culture with thriving arts scene, farmers markets, and alternative lifestyle appeal

Market Snapshot

Median House

$520K

-8.5% 1yr

Median Apartment

$380K

-6.2% 1yr

Median Townhouse

$450K

Vacancy Rate

0.8%

65 avg DOM

Yield (Apartment)

5.5%

Yield (House)

4.8%

Auction Clearance

52%

Population

45,000

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$2,963/mo

Purchase Price

$380,000

Stamp Duty

$11,630

1st Year Total

$35,552

House

$3,271/mo

Purchase Price

$520,000

Stamp Duty

$17,930

1st Year Total

$39,248

Townhouse

$3,117/mo

Purchase Price

$450,000

Stamp Duty

$14,780

1st Year Total

$37,400

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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