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

Friday form guide: Yields of up to 4.6% in Lennox Head

Cassidy KnowltonA tenanted four-bedroom Lennox Head house could secure an investor a gross rental yield of 4.6%.

Waterfront land losing value in Ballina

Alistair WalshThe total land value of Ballina Shire decreased 1% from 2008 to 2011, according to the latest report by NSW Valuer-General Philip Western.

John McGrath says property market 'breather' the start of long-term growth

Jonathan ChancellorMcGrath CEO John McGrath says although buyers are cautious, there is still a lot of activity in the property market.

Click to see Demographic Data for Postcode 2478

Suburb Snapshot My RP Data

Houses

Prices
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
Rents
Median asking rent $520
Indicative gross rental yield 4.7%

Units

Prices
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
Rents
Median asking rent $400
Indicative gross rental yield 4.3%
Click to see Demographic Data for Postcode 2478

Need more information?

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      Look beyond population growth to supply side criteria: Terry Ryder Terry Ryder
      No matter how high the population growth rate, it won’t create capital growth if developers generate an over-supply.
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