Lanitza is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 313, the suburb has a mature demographic with a median age of 49. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Lanitza is $528,000, having dropped significantly 29.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,473.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lanitza offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($528K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -29.6% year-on-year.
Lanitza is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 313, the suburb has a mature demographic with a median age of 49. Households earn a median income of $63K per year, with an average household size of 2.7 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Lanitza is $528,000, having dropped significantly 29.6% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,473.
Public transport access includes 5 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lanitza offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($528K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -29.6% year-on-year.