Lewisham, NSW

UNDERVALUED

2,654 sales · 36 years of data · NSW, Australia

$1,045,000
Median (All)
$2,175,000
Median (Houses)
$825,000
Median (Apartments)
1.4%
10yr CAGR
5.2%
36yr CAGR
46.1%
Strata %
36 years of data · 2,654 sales analysed · 2,500+ suburbs · Updated weekly

Lewisham, NSW Property Market Overview

Lewisham, NSW, 2049, is a vibrant inner-west suburb of Sydney offering a mix of residential charm and convenient access to the city. Our data reveals a comprehensive view of the Lewisham property market, spanning 36 years and encompassing 2,654 recorded sales. The current median property price in Lewisham stands at $1,045,000, reflecting a diverse property landscape.

Lewisham's property market is characterised by a blend of houses and apartments. Currently, the median house price is $2,175,000, while the median apartment price is $825,000. These figures highlight the varied housing options available in Lewisham, catering to different budgets and lifestyles. The suburb's historical growth, coupled with its location and amenities, makes Lewisham a noteworthy area for property market analysis.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $574,579
Based on the 10-year compound annual growth rate of 1.4%
Mixed housing46% apartments
54% of sales are houses and other non-strata properties
Loading chart...

Property Mix

54%
46%
Houses 54%$2,175,000Apartments 46%$825,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Lewisham

Street Rankings

Top streets in Lewisham, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Gould AveApartment8$969,500
2New Canterbury RdHouse6$1,615,000
3Victoria StHouse6$2,282,500
4Morton AveHouse5$2,050,000

... and 33 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Jubilee StHouse3$8,914/m²
2Denison RdHouse6$9,675/m²
3New Canterbury RdApartment6$10,844/m²
4Morton AveHouse5$8,837/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Morton AveHouse+5.8%
2Toothill StApartment+4.2%
3Jubilee StHouse+11.3%
4The BoulevardeApartment+4.6%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

265
apartment buildings analysed
#AddressSalesMedian$/m²
112 Hudson St13$870,000$7,207/m²
2120 Old Canterbury Rd10$647,500$9,162/m²
33 William St10$710,000$8,488/m²
42 Malthouse Way7$1,260,000$10,728/m²

... and 261 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

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Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

64
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

46%
apartments across 265 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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37 streets and 265 buildings to explore

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3 street rankings
All 37 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
265 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,654 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Lewisham at a Glance

Region
Inner West
CBD Distance
9km west of Sydney CBD
Train Station
Lewisham Station (T2 Inner West & Leppington Line)
Council
Inner West Council
Property Character
Established residential with mid-density development
Community
Young families and professionals

Lewisham, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Lewisham, NSW

Lewisham offers a charming and convenient lifestyle for its residents. The suburb is well-connected, with Lewisham Station providing easy access to the Sydney CBD via train. Families are drawn to the area due to its proximity to quality schools such as Lewisham Public School and Christian Brothers High School Lewisham.

Lewisham is also home to several parks and green spaces, including Lewisham Park, offering recreational opportunities for residents. The suburb boasts a friendly and community-oriented atmosphere. Residents enjoy the local cafes, restaurants, and shops along Lewisham's main streets. The presence of the Italian Forum in nearby Leichhardt adds to the cultural richness of the area.

Lewisham's blend of residential charm and urban convenience makes it a desirable place to live. The suburb's strong community spirit and access to amenities contribute to its appeal for families, young professionals, and downsizers alike.


Who Buys in Lewisham?

The buyer profile in Lewisham is diverse, reflecting the suburb's mix of housing options and lifestyle amenities. With 46.1% of properties being strata apartments, Lewisham attracts first-home buyers and young professionals seeking affordable entry into the Sydney property market. The median apartment price of $825,000 makes Lewisham more accessible than some other inner-west suburbs.

Families are also drawn to Lewisham, attracted by the presence of reputable schools and parks. The median house price of $2,175,000 suggests that families looking to buy in Lewisham typically have a higher budget. The historical growth rates, with a 10-year CAGR of 1.4%, may appeal to investors seeking long-term capital appreciation.

Market Analysis

Analysis of the Lewisham property market indicates that, as of early 2026, the suburb is currently positioned below its long-term trend, placing it in undervalued territory. This cycle position suggests that property prices in Lewisham may be below their predicted trajectory based on historical performance.

The cycle position label reflects a potential discrepancy between current market values and the suburb's established growth pattern. This information is crucial for understanding the present dynamics of the Lewisham property market and how it aligns with broader economic trends. Further analysis is required to determine the underlying factors contributing to this cycle position.


Is Lewisham a Good Investment?

Lewisham presents an interesting case for property market observation. The suburb's historical growth, as evidenced by a 36-year CAGR of 5.2%, indicates a long-term trend of property value appreciation. However, the more recent 10-year CAGR of 1.4% suggests a potential slowdown in growth over the past decade.

Currently, the Lewisham property market is positioned below its long-term trend. This cycle position could be influenced by various factors, including broader economic conditions and shifts in local demand. Analysing the underlying drivers of property values in Lewisham requires a deeper understanding of its demographics, infrastructure developments, and local amenities. The balance between houses and apartments, as well as the presence of transport links, contributes to Lewisham's overall appeal.


Lewisham Market Outlook

As of early 2026, the Lewisham property market is showing signs of being positioned below its long-term trend. Recent price trends indicate potential opportunities within the suburb. Further monitoring of market activity and economic indicators is essential for a comprehensive understanding of Lewisham's property market trajectory.

The cycle position label suggests that Lewisham's property values may be currently undervalued. However, it is important to consider a range of factors when assessing the market outlook, including interest rates, employment trends, and consumer confidence.

Streets & Location in Lewisham, NSW

Lewisham, postcode 2049, is a suburb with a total of 37 streets, each contributing to the area's unique character. Among these, MALTHOUSE WAY, GOULD AVE, and VICTORIA ST stand out for their higher median property prices. Lewisham’s location in Sydney's inner west provides residents with easy access to the city and other key areas.

The suburb’s proximity to transport links and amenities enhances its appeal. The diverse range of streets within Lewisham offers a variety of property types and living environments, catering to a broad spectrum of residents.

Market Dynamics

The Lewisham property market exhibits specific transaction patterns. On average, property settlements in Lewisham take approximately 64 days. This timeframe provides insight into the efficiency and pace of property transactions within the suburb. Further data would be needed to reveal any quick-flip activity in the area.

Understanding these market dynamics helps to paint a clearer picture of the overall property market health in Lewisham and provides valuable context for potential buyers and sellers.

Development & Density

Lewisham features a diverse range of housing options, including a significant number of apartment buildings. With 265 apartment buildings in the suburb, apartments make up 46.1% of the property mix in Lewisham. This indicates a substantial proportion of strata-titled properties within the area.

The presence of these apartment buildings contributes to Lewisham's overall development density and caters to a variety of residents, including those seeking lower-maintenance living options. The balance between houses and apartments shapes the suburb's character and affordability.

Growth & Property Mix

Historically, Lewisham has demonstrated consistent growth in property values. Over the full data period of 36 years, the suburb has achieved a Compound Annual Growth Rate (CAGR) of 5.2%. Examining shorter timeframes, the 20-year CAGR stands at 3.3%, while the 10-year CAGR is 1.4%. These figures, combined with the property mix of houses and apartments, provide context for understanding Lewisham's long-term property market performance.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Lewisham, NSW

What is the median property price in Lewisham?
As of early 2026, the median property price in Lewisham is $1,045,000. This figure represents the midpoint of all property sales in the suburb, encompassing both houses and apartments. The median house price is $2,175,000, while the median apartment price is $825,000.
Is Lewisham overvalued or undervalued?
As of early 2026, the Lewisham property market is positioned below its long-term trend, indicating that the suburb is currently in undervalued territory. This suggests that current property prices in Lewisham are potentially lower than expected based on historical performance, as of early 2026. However, further analysis is needed.
How has the Lewisham property market performed over 10 years?
Over the past 10 years, the Lewisham property market has experienced a Compound Annual Growth Rate (CAGR) of 1.4%. This figure reflects the average annual growth in property values over the decade. While positive, this is lower than the suburb's longer-term growth rates.
What percentage of Lewisham is apartments vs houses?
Apartments make up a significant portion of the property mix in Lewisham. Approximately 46.1% of properties in Lewisham are strata apartments. This indicates a strong presence of apartment buildings within the suburb.
Where is Lewisham in the property cycle?
As of early 2026, Lewisham is currently positioned below its long-term trend in the property cycle. This means that the suburb is in what could be described as undervalued territory. This is based on historical price data and trend analysis.
What schools are near Lewisham?
Lewisham is conveniently located near several reputable schools. These include Lewisham Public School, Christian Brothers High School Lewisham, and St Thomas Catholic Primary School. The proximity to these schools makes Lewisham an attractive option for families with children.
What is Lewisham like to live in?
Lewisham offers a blend of residential charm and urban convenience. The suburb boasts a friendly community atmosphere and is well-connected to the Sydney CBD via train. Residents enjoy access to local parks, cafes, and shops, making it a desirable place to live.
Is Lewisham good for families?
Lewisham can be a good option for families, due to its proximity to schools and parks. Lewisham Public School and Christian Brothers High School Lewisham are located in the suburb. However, the relatively high median house price may be a barrier for some families.
How far is Lewisham from Sydney CBD?
Lewisham is located approximately 9 kilometres west of the Sydney CBD. This makes it a convenient location for commuters working in the city. The suburb is easily accessible via train from Lewisham Station.
What transport options are in Lewisham?
Lewisham offers excellent transport options for its residents. Lewisham Station provides direct train services to the Sydney CBD and other key areas via the T2 Inner West & Leppington Line. Several bus routes also operate in the suburb, providing further connectivity.
How does Lewisham compare to nearby suburbs?
Compared to some of its neighbours, Lewisham offers a more affordable entry point into the inner-west property market. While suburbs like Haberfield and Annandale may have higher median prices, Lewisham provides a balance of convenience and value. The growth rates and cycle position may also differ slightly.
Is Lewisham a good first home buyer suburb?
Lewisham may be a viable option for first home buyers, particularly those seeking apartments. The median apartment price of $825,000 is lower than the overall median property price, potentially making it a more accessible entry point. However, affordability depends on individual circumstances and financial capacity. Do your own research.
What are the best streets in Lewisham?
While 'best' is subjective, MALTHOUSE WAY, GOULD AVE, and VICTORIA ST in Lewisham have recorded higher median property prices compared to other streets in the suburb. These streets may offer desirable amenities or locations within Lewisham. More detailed street-level data is available to our subscribers.
How many properties have been sold in Lewisham?
Over the past 36 years, a total of 2,654 properties have been sold in Lewisham. This figure represents the total recorded sales within the suburb and provides a historical perspective on market activity.
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