Real Estate Lennox Head, NSW, 2478 Ballina
Thinking about buying in Lennox Head? Now could not be a better time, with a whopping 4943 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,648,000 with prices in this suburb ranging from $260,000 to $6,318,000.
Lennox Head is located near the coast as well as views of the ocean, demand is likely to be highLennox Head Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lennox Head due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lennox Head changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Lennox Head to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Lennox Head we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lennox Head a better buying opportunity than it may have been in the past.
About
Household makeup
| Median Weekly Rent | $549.67 |
| Median Monthly Mortgage | $2139.17 |
| Median Persons Per Bedroom | 0.78 |
| Average Household Size | 2.50 |
| Average Age | 40.00 |
| Average Income | $1195.00 |
| Average Cars Per Dwelling | 2.93 |
| Average Properties Within 50M | 15.00 |
Typical Property Prices
| 2 Bed | $799,150 |
| 3 Bed | $1,333,191 |
| 4 Bed | $1,082,949 |
| 5 Bed | $2,578,500 |
| 6 Bed + | $2,442,857 |
Housing Stock
Houses for sale Lennox Head
Local Schools
Lennox Head Public School
(While the above schools are located with the suburb of Lennox Head there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lennox Head weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 7.4 | 21.0 | 28.8 | 58.9 | 89.8 | 4.9 | 23.0 |
| Feb | 8.4 | 21.1 | 28.9 | 59.0 | 91.3 | 4.7 | 21.0 |
| Mar | 7.9 | 20.3 | 28.1 | 59.9 | 92.6 | 4.2 | 17.7 |
| Apr | 5.9 | 17.0 | 25.8 | 55.5 | 91.7 | 3.8 | 16.5 |
| May | 3.2 | 13.4 | 23.4 | 51.8 | 92.4 | 3.4 | 13.5 |
| Jun | 4.1 | 11.6 | 21.2 | 54.5 | 92.4 | 3.5 | 12.0 |
| Jul | 1.6 | 10.0 | 21.1 | 47.4 | 92.4 | 3.4 | 12.9 |
| Aug | 1.3 | 10.4 | 22.6 | 42.7 | 92.2 | 3.6 | 15.9 |
| Sept | 1 | 12.9 | 24.2 | 46.0 | 90.4 | 4.3 | 19.6 |
| Oct | 4.0 | 15.9 | 25.2 | 54 | 90.0 | 4.6 | 21.9 |
| Nov | 2.1 | 18.5 | 27.1 | 54.9 | 89.6 | 4.9 | 25.2 |
| Dec | 6.4 | 20.1 | 28.2 | 58 | 90.5 | 4.7 | 24.5 |
source: Australian Government Bureau of Meteorology
Recently Sold Properties / House Prices
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General Points of Interest
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