Suburb Profile Report for Lennox Head NSW (2478)

Lennox Head House: Median price $770,000, Annual capital growth 4.39%, Number of sales 101, Weekly median advertised rent $600

Lennox Head Unit: Median price $595,000, Annual capital growth 5.23%, Number of sales 82, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$770,000 $595,000
-1.85% 0.42%
10.79% 13.33%
4.39% 5.23%
$600 $500
101 82
4.05% 4.37%
107.42 83.61

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
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Demographics
Total population 6146
Median household income ($/weekly) 1258
Median age of persons 40
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 936 15.2
    25-34 years 590 9.6
    35-44 years 953 15.5
    45-54 years 1046 17.0
    55-64 years 847 13.8
    Others 1774 28.9
    Age Group
    Census Count Percent(%)
    Registered Married 2323 53.2
    Not Married 1568 35.9
    Defacto Relationship 477 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 5140 86.9
    Papua New Guinea 120 2.0
    United Kingdom 299 5.1
    United States of America 40 0.7
    Other 114 1.9
    Others 201 3.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 107 1.9
    Christianity 3763 67.1
    Islam 17 0.3
    Other Religious Groups 36 0.6
    No Religion 1668 29.7
    Others 18 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 224 11.3
    $600-$799 229 11.6
    $800-$999 188 9.5
    $1,500-$1,999 278 14.0
    $2,000-$2,499 194 9.8
    Others 868 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1594 34.3
    Not in the labour force 1476 31.8
    Employed, worked part-time 1207 26.0
    Unemployed, looking for work 186 4.0
    Employed, away from work 184 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 418 14.0
    Professionals 790 26.5
    Technicians & trades workers 395 13.2
    Community & personal service workers 346 11.6
    Clerical & administrative workers 353 11.8
    Others 683 22.9
    Occupation
    Census Count Percent(%)
    Pre-school 142 8.6
    Infants/Primary 608 36.7
    Secondary 514 31.1
    Technical or Further Educational Institution 102 6.2
    University or other Tertiary Institutions 247 14.9
    Others 42 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4661 80.8
    Semi-detached, row or terrace house, townhouse 1034 17.9
    Flat, unit or apartment 43 0.7
    House or flat attached to a shop, office 23 0.4
    Caravan, cabin, houseboat 9 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 811 37.2
    Fully owned 792 36.3
    Rented 575 26.3
    Other tenure type 5 0.2
    Tenure Type
Census 2011, ABS
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