Lennox Head, NSW
Find the latest property data and property news available for the suburb of Lennox Head, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Lennox Head, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Lennox Head is provided by RP Data.
News
A tenanted four-bedroom Lennox Head house could secure an investor a gross rental yield of 4.6%.
The total land value of Ballina Shire decreased 1% from 2008 to 2011, according to the latest report by NSW Valuer-General Philip Western.
McGrath CEO John McGrath says although buyers are cautious, there is still a lot of activity in the property market.
Suburb Snapshot
Houses
| Median sale price | $571,500 |
| Change in median price in last year | -5.5% |
| Change in median price in past five years | 5.8% |
| Average discount | -11.4% |
| Average time on market | 149.5 |
| Average hold period | 10.7 |
| Median price for houses $350k to $750k | $559,000 |
| Median price for houses over $750k | $1,000,000 |
| Median asking rent | $520 |
| Indicative gross rental yield | 4.7% |
Units
| Median sale price | $482500 |
| Change in median price in last year | 5.5% |
| Change in median price in past five years | 7.5% |
| Average discount | -10.2% |
| Average time on market | 115.8 |
| Average hold period | 8.4 |
| Median price for units $350k to $750k | $480,000 |
| Median asking rent | $400 |
| Indicative gross rental yield | 4.3% |
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