Suburb Profile Report for Lawrence NSW (2460)

Lawrence House: Median price $403,500, Annual capital growth 6.37%, Number of sales 43, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report

At number 47th in the list of Australian suburbs ordered by increase in median house value over the last year, Lawrence, 2460 is in the top 10% with a property value increase of 36.32% recorded in median house prices.

Over the longer term, Lawrence has seen property prices show investors a 46.73% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Lawrence is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 516th in terms of most discounted suburbs in NSW

Often selling an investment property can take time, and in Lawrence the average time real estate has been on the market is 120.33 days.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

Metrics i HOUSE UNIT
$403,500 N/A
9.05% N/A
36.32% N/A
6.37% N/A
$340 N/A
43 N/A
4.38% N/A
120.33 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1047
Median household income ($/weekly) 728
Median age of persons 52
Median housing loan repayment ($/monthly) 1192
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 127 12.1
    35-44 years 99 9.4
    45-54 years 159 15.2
    55-64 years 221 21.1
    65-74 years 180 17.2
    Others 262 25.0
    Age Group
    Census Count Percent(%)
    Registered Married 468 58.0
    Not Married 268 33.2
    Defacto Relationship 71 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 911 90.7
    New Zealand 7 0.7
    Papua New Guinea 15 1.5
    United Kingdom 40 4.0
    Other 13 1.3
    Others 18 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 751 77.8
    No Religion 200 20.7
    Other Religious Groups 6 0.6
    Buddhism 5 0.5
    Judaism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 43 11.4
    $400-$599 71 18.8
    $600-$799 63 16.7
    $800-$999 42 11.1
    $1,000-$1,249 39 10.3
    Others 119 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 465 54.6
    Employed, worked full-time 187 21.9
    Employed, worked part-time 134 15.7
    Unemployed, looking for work 44 5.2
    Employed, away from work 22 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 59 17.0
    Professionals 47 13.5
    Technicians & trades workers 56 16.1
    Community & personal service workers 48 13.8
    Machinery operators & drivers 39 11.2
    Others 98 28.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 80 39.0
    Secondary 76 37.1
    Technical or Further Educational Institution 27 13.2
    Pre-school 11 5.4
    University or other Tertiary Institutions 11 5.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 973 98.4
    Caravan, cabin, houseboat 11 1.1
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 230 54.5
    Being purchased 142 33.6
    Rented 50 11.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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