Lowanna is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 359, the suburb has a mature demographic with a median age of 51. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lowanna is $338,000, having dropped significantly 31.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,000.
Lowanna is served by 1 school, including 1 primary. The average ICSEA score is 793, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Lowanna offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($338K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -31.7% year-on-year.
Lowanna is a quiet locality in New South Wales within the Coffs Harbour local government area (postcode 2450). With a population of 359, the suburb has a mature demographic with a median age of 51. Households earn a median income of $43K per year, with an average household size of 2.1 people. The most common occupations are labourers, community & personal service, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Lowanna is $338,000, having dropped significantly 31.7% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 9.2%. The median monthly mortgage repayment is $1,000.
Lowanna is served by 1 school, including 1 primary. The average ICSEA score is 793, which is well below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Coffs Harbour LGA is moderate at 4,991 incidents per 100,000 population.
From an investment perspective, Lowanna offers a gross rental yield of 9.2%, rated as high yield. Property prices sit below the state median ($338K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -31.7% year-on-year.