Lanitza is a sparsely populated locality in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 313, the suburb has a settled, mature resident base with a median age of 49. Households earn a median income of $63K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, managers. Employment in the area leans toward healthcare and accommodation & food. The top ancestries reported are Australian, English, Irish.
Median house prices in Lanitza stand at $970,000, having risen steeply by 15.5% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 2.7%. 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 5,045 incidents per 100,000 population.
Looking at the investment signals, Lanitza shows a gross rental yield of approximately 2.7%, rated as low yield. Property prices sit below the state median ($970K/$1.5M), which can point to relative value. The price-to-income ratio of 15.5x is considered stretched. House prices have moved +15.5% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.