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Lennox Head, NSW 2478

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,680,000

market range $1.6M-$1.8M

Median Unit

$1,240,000

market range $1.2M-$1.3M

Gross Yield

-

1yr Growth (houses)

+2.8%

market range +0.0% to +7.5%

Investment snapshot for Lennox Head

Lennox Head has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Lennox Head market and investor summary

In Lennox Head, NSW 2478, the median house sells for around $1.7M. House prices have moved +2.8% over the past year and +18.7% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.

Living in Lennox Head: people, income and schools

Lennox Head is home to around 7,687 people, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $108,000 a year (about $2,080 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 15.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 3 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 19 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
7,687
+5% over 5yr
Median age
42 years
Median household income
$108,000/yr
Households renting
24%
Family households
76%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
3
avg ICSEA 1082
Unemployment
3.5%
Walk score
19/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Lennox Head

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Frequently asked questions about Lennox Head

What should I check before investing in Lennox Head?

Lennox Head has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Lennox Head?

The median property price in Lennox Head, NSW 2478 is $1.7M for houses and $1.2M for units.

What does recent house price growth show for Lennox Head?

House prices in Lennox Head are up 2.8% over the past year and up 18.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Lennox Head?

The current vacancy rate in Lennox Head is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Lennox Head?

Lennox Head has a population of approximately 7,687 residents, with a median age of 42.

What schools are near Lennox Head?

There are 3 schools within roughly 5km of Lennox Head. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Lennox Head affordable to buy in?

A median house in Lennox Head costs about 15.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Lennox Head's population growing?

The population of Lennox Head has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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