Lord Howe Island (postcode 2898) is a small, quiet locality in New South Wales within the Unincorporated NSW local government area. The area has roughly 445 residents and an older-leaning population, with a median age of 46. Households earn a median income of $88K per year, with an average household size of 2.2 people. Recent annual estimates show population movement softening 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 managers, labourers, technicians & trades. Employment in the area leans toward accommodation & food and public admin & safety. The top ancestries reported are Australian, English, Irish.
The median weekly rent is $310 (Census 2021). The median monthly mortgage repayment is $1,400.
Lord Howe Island is served by 1 school, including 1 combined. The average ICSEA score is 1009, which is around the national average of 1,000. Healthcare facilities include 1 public hospital.
From an investment perspective, Population growth of -1.2% year-on-year points to declining demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.