Over the last year, property investments in Lennox Head, 2478 have given investors a capital gain of 10.79%. This compares favourably with the 7.15% for NSW as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lennox Head has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Lennox Head is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 387th in terms of most discounted suburbs in NSW
With a capital gain of 13.33% for the last 12 months, Lennox Head, 2478 has performed for property investments than its average annual 5.23% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Lennox Head,2478 has racked up an average of 13.33% over the period. This ranks it number 803th in the whole country for real estate investors looking at median house price increases.
At number 383th of NSW’s most discounted properties, Lennox Head is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Lennox Head is 231th on a list of best yielding suburbs for rents in NSW with a 4.37% return