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Lewisham, TAS 7173

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Strong Growth

Median House

$935,000

market range $900K-$1.0M

Median Unit

$620,000

Gross Yield (units)

2.5%

1yr Growth (houses)

+14.6%

market range +7.5% to +20.0%

Investment snapshot for Lewisham

Lewisham has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Lewisham market and investor summary

Lewisham (TAS 7173) runs a median house price of $935K. House prices have moved +14.6% over the past year. At 4.7% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 4.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 66 days on market, so plan for a slower exit if you ever need one.

Living in Lewisham: people, income and schools

About 799 people live in Lewisham, and the area has been growing steadily, up about 9% over five years. The median age is 46, skewed a little older, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $86,000 a year, or roughly $1,650 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to a steep 10.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

There are 3 schools within about 5km, testing close to the national school average on ICSEA. It is roughly 24 km from the CBD. It is fairly car-dependent; the suburb scores 12 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
799
+9% over 5yr
Median age
46 years
Median household income
$86,000/yr
Households renting
14%
Family households
74%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
3
avg ICSEA 981
Unemployment
4.9%
Distance to CBD
24 km
Walk score
12/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Lewisham

No properties currently listed in Lewisham

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Frequently asked questions about Lewisham

What should I check before investing in Lewisham?

Lewisham has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +14.6% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Lewisham?

The median property price in Lewisham, TAS 7173 is $935K for houses and $620K for units.

What rental yield does Lewisham show?

The gross rental yield in Lewisham is 2.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Lewisham?

House prices in Lewisham are up 14.6% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Lewisham?

The current vacancy rate in Lewisham is 4.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Lewisham?

Lewisham has a population of approximately 799 residents, with a median age of 46.

What schools are near Lewisham?

There are 3 schools within roughly 5km of Lewisham. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Lewisham affordable to buy in?

A median house in Lewisham costs about 10.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Lewisham's population growing?

The population of Lewisham has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Lewisham from the CBD?

Lewisham is about 24 km from the CBD.

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