40/7 Park LaneLennox Head NSW 2478
Property Details for 40/7 Park Lane, Lennox Head
40/7 Park Lane, Lennox Head is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Lennox Head in the last 12 months.
Last Listing description (May 2024)
This charming one-bedroom holiday apartment offers an exceptional opportunity to invest in a prime location that combines ongoing financial returns with convenient coastal living. Nestled within the well-managed Lennox Beach Resort community, this tastefully furnished property boasts a fresh appeal and is strategically situated, with Lennox Heads vibrant village shopping, dining options, and picturesque beaches just 300m away. Here are five key highlights:
Nothing to do, already tastefully renovated
An easy-maintenance open layout perfect for relaxation.
Well-equipped kitchen plus internal laundry for added convenience.
Resort-style amenities such as pools, an onsite restaurant, and a pickleball court for residents enjoyment.
For those seeking a seamless investment opportunity, this apartment is offered for sale with all inventory included (inventory list available upon request).
Property History for 40/7 Park Lane, Lennox Head, NSW 2478
- 20 May 2024Sold for $470,000
- 19 Sep 2023Listed for Sale For Sale: $460k - $500k
- 09 Sep 2016Sold for $255,000
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0About Lennox Head 2478
The size of Lennox Head is approximately 20.6 square kilometres. It has 14 parks covering nearly 4.5% of total area. The population of Lennox Head in 2011 was 6,146 people. By 2016 the population was 6,411 showing a population growth of 4.3% in the area during that time. The predominant age group in Lennox Head is 50-59 years. Households in Lennox Head are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lennox Head work in a professional occupation. In 2011, 71.9% of the homes in Lennox Head were owner-occupied compared with 74.2% in 2016.
Lennox Head has 4,670 properties. Over the last 5 years, Houses in Lennox Head have seen a 68.85% increase in median value, while Units have seen a 50.53% increase. As at 31 October 2024:
- The median value for Houses in Lennox Head is $1,571,412 while the median value for Units is $1,084,716.
- Houses have a median rent of $920 while Units have a median rent of $680.
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