Unit 1, 5 AURORA PLACE Lennox Head NSW 2478
This property is Off Market
- Last sold 10/22/2024 for $675,000. The Average property price in this area is $1,666,657, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.15 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/23/2024 6 VICTOR PL $1,540,000
- 10/22/2024 27 DRESS CIRCLE DR $1,610,000
- 10/18/2024 35 LAKESIDE WAY $800,000
- 10/18/2024 42 HABITAT WAY $1,650,000
- 10/14/2024 12 FERN ST $560,000
About Lennox Head - Skennars Head
With an average age of 51, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $620. The average family earns a weekly income of $2,338 with a typical household size of 2.2 and a 92.88% employment rate.
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.
Public Transport
Byron Beach
Burns Point Ferry
General Points of Interest
Ballina War Memorial Olympic Pool
Ballina RSL Sub Branch Cenotaph
Lake Ainsworth Sport and Recreational Centre
Missingham Bridge
Munsies Bridge
Ballina Golf & Sports Club
Lennox Aquatic Centre
The Big Prawn
Epiq Marketplace
Thursday Plantation Visitor Centre
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 822 asthma sufferers and 286 people living with diabetes. In addition, 370 people have a heart/vascular condition and 677 people live with three or more chronic diseases.A good place to invest in property?
Lennox Head - Skennars Head a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
30 / 100
31 / 100
Industry
13 / 100
22 / 100
Population
15 / 100
19 / 100
House Prices
74 / 100
60 / 100
Jobs
21 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsLennox Head PS Ballina Coast HS
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Ballina Public School
Ballina, NSW, 2478 State K-6 -
Holy Family Catholic Primary School
Skennars Head, NSW, 2478 Independent K-6 -
Southern Cross School of Distance Education
East Ballina, NSW, 2478 State K-12 -
Xavier Catholic College Ballina
Skennars Head, NSW, 2478 Independent 7-12 -
Southern Cross Public School
East Ballina, NSW, 2478 State K-6 -
Lennox Head Public School
Lennox Head, NSW, 2478 State K-6 -
Biala Special School
Ballina, NSW, 2478 Independent U -
Richmond Christian College
Ballina, NSW, 2478 Independent K-12 -
Ballina Coast High School
Ballina, NSW, 2478 State 7-12
Property Story
Unit 1, 5 Aurora Place, Lennox Head, Nsw, 2478 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $725,000 while properties of this type typically sell for between $650,000 and $1,750,000 in this suburb. The estimated distance to the sea is only 0.15km and at least 1.02KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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