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Lawrence, NSW 2460

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Lawrence, NSW 2460 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Lawrence, NSW 2460”

  1. The total adult population (15 years or older) of Lawrence 2460 NSW is 965, with a median age of 54. Of those, 50.26% are married, 16.68% are divorced or separated, 25.60% are single and 7.25% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $5,096. The median monthly mortgage repayment for households in this suburb is $1,333 which is 26.16% of their earnings.

    Source: ABS Census Data (2021)

  2. The quaint suburb of Lawrence is nestled in the heart of NSW, Australia. In Q3 2023, Lawrence is home to an estimated 635 households and boasts an attractive property market attracting both homeowners and investors.

    The typical price for houses in this serene suburb is a competitive $663,196, with the median rent per week sitting at a hearty $498. For cashflow-focused property investors, the yield here is quite enticing at 3.9%.

    The economic health of Lawrence is robust, with a notable IRSAD score of 910 out of 1217, indicating reasonable access to economic resources and skilled occupations. The suburb offers a lower renter to owner ratio, revealing a strong preference for home ownership with only 9% of dwellers renting.

    Especially noteworthy is the fact that the units to houses ratio is 0%, clearly stating that this market is dominantly composed of houses which can sustain their value better than units, societal circumstances considered. This suggests stable demand and high appeal, and retains the overall ‘vibe’ of the neighbourhood.

    However, the affordability index paints a slightly more challenging picture. With this index sitting at 48 years, it’s an indicate that homeowners need to be economically well-off to fully own their properties. This is undoubtedly a factor to consider if an investor’s strategy is based more on equity growth than cash flow.

    The supply dynamics in Lawrence are in an extremely comfortable position, evident from its low stock on market Percentage of 0.16% and relatively low average inventory level of only 1.0 months. Additionally, the building approvals Ratio for houses is currently at 0.0%, meaning there’s minimal risk of oversupply.

    Properties in Lawrence tend not to linger on the market for too long either with the days on market sitting at 78, making it a fairly liquid market. The relatively low vacancy rate of 1.75% implies a healthy demand for rental properties, more so considering both houses and units are taken into account here.

    Lastly, despite the buy search index for houses currently sitting at 3, potentially indicating limited demand, its important to keep in mind that with other majority favourable factors in place, this market presents a worthy consideration.

    As always, remember the RCS (Relative Composite Score) developed by HtAG Analytics, which automates these facts for you using over 80 metrics to provide you with a comprehensive insight into the market. Understanding these property market statistics can help you make an informed choice for your property investment strategies.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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