Housing
Housing Affordability
Changes in residential property prices are an indicator of confidence in the future of a region. Lismore’s property prices have risen at about the same rate as coastal areas, however Lismore’s property prices are significantly more affordable and increasingly attractive to commercial and industrial developments.
Median Sale Prices (All Dwellings) – Lismore compared with Ballina and Byron Council Areas – 2001 to 2008
| Increase over 7 years | ||
|---|---|---|
| Lismore 246% | Ballina 242% | Byron 261% |
Source: NSW Department of Housing
Median Weekly Rent (Three bedroom house) – Lismore compared with Ballina and Byron Council Areas – 2001 to 2008
Source: NSW Department of Housing
Median Weekly Rent (Two bedroom unit) – Lismore compared with Ballina and Byron Council Areas – 2001 to 2008
Source: NSW Department of Housing
Council Commitment
To assist this growth, Lismore City Council is committed to the on-going development of the city’s infrastructure.
Lismore City Council spends more than $30 million each year in maintaining, developing and upgrading the city’s infrastructure.