Lennox Head good for investment?

Discussion in 'Where to Buy' started by Kata, 5th Apr, 2021.

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  1. Kata

    Kata Member

    Joined:
    5th Apr, 2021
    Posts:
    7
    Location:
    NSW
    Hi Guys, I am new here and in the property investment world. What's your thought about investing in land in Lennox Head? Thank you.
     
  2. Boss

    Boss Well-Known Member

    Joined:
    9th Mar, 2018
    Posts:
    1,282
    Levels of supply have declined considerably in Lennox Head over the previous 12 months...in line with other East Coast lifestyle destinations:

    SQM Research - Property - Total Property Listings - 2478

    Further, having lived in Lennox Head for several years I can honestly say that there will be more land released but it will be further away from the beach and amenities and lower lying and less attractive too.

    So like the majority of other East Coast lifestyle destinations...future land releases in Lennox Head will not have as much investment potential as land that is available now.