Lavadia is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 43, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $59K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lavadia is $1.1 million, having surged 22.2% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,509.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lavadia offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.8x is considered stretched. House prices have moved +22.2% year-on-year.
Lavadia is a quiet locality in New South Wales within the Clarence Valley local government area (postcode 2462). With a population of 43, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $59K per year, with an average household size of 3 people. The most common occupations are machinery operators & drivers, labourers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lavadia is $1.1 million, having surged 22.2% over the past year. The current median weekly rent is $510. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,509.
Public transport access includes 2 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lavadia offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 18.8x is considered stretched. House prices have moved +22.2% year-on-year.