Lawrence is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,159, the suburb has a mature demographic with a median age of 54. Households earn a median income of $57K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Lawrence is $630,000, having surged 10.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,333.
Lawrence is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 50 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lawrence offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($630K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +10.5% year-on-year.
Lawrence is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,159, the suburb has a mature demographic with a median age of 54. Households earn a median income of $57K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Lawrence is $630,000, having surged 10.5% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,333.
Lawrence is served by 1 school, including 1 primary. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 50 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Lawrence offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($630K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.0x is considered stretched. House prices have moved +10.5% year-on-year.