11/7 Park Lane, Lennox Head, NSW 2478 | Property Value & History | OnTheHouse
OFF MARKET

11/7 Park Lane
Lennox Head NSW 2478

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 10m2
Land area: 83m2
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Property Details for 11/7 Park Lane, Lennox Head

11/7 Park Lane, Lennox Head is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 83m2 and floor size of 10m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2000
Floor Size
10m2
Land Size
83m2
Local Government
Ballina
Lot/Plan
11/SP62832

Last Listing description (May 2023)

This one-bedroom holiday apartment represents an ideal start to buy into a location that ensures ongoing investment performance and lifestyle convenience. Part of the well-managed Lennox Beach Resort community, it makes a fresh and tastefully appointed property and is ideally positioned with Lennox Head's village shopping, dining options and beaches less than 2 minutes from the front door. It's also fully furnished and presents an outstanding prospect with scope to further upgrade and increase rental yield to fully capitalise on its premium location.

- In original condition with plenty of scope for a creative renovation
- Easy-maintenance open layout with generous living and dining area

- A good-sized BBQ balcony and plenty of natural light throughout
- Fully equipped kitchen plus a bathroom and internal laundry
- Tightly held complex with pools, onsite restaurant and mini tennis court
- Undercover parking spot, onsite visitor parking and excellent security
- Detached unit with only one neighbour adjoining large open farmland
- A fantastic investment currently earning an attractive yield
- All inventory included in the sale (inventory list available on request)

Strata Levies: $3,286 per quarter.
Council Rates: $1,896 per annum.

*Please note, these properties cannot be lived in permanently.

Property History for 11/7 Park Lane, Lennox Head, NSW 2478

A timeline of how this property has performed in the market
Last Sold
$450,000
08 Mar 2023
  • 17 Apr 2023
    Listed for Sale For Sale: $475k - $525k
  • 08 Mar 2023
    Sold for $450,000
  • 14 Dec 2022
    Listed for Sale For Sale: $475k - $525k
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About Lennox Head 2478

The size of Lennox Head is approximately 20.6 square kilometres. There are 14 parks, covering nearly 4.5% of the total area. The population of Lennox Head in 2016 was 6407 people. By 2021 the population was 7687 showing a population growth of 20.0% in the area during that time. The predominant age group in Lennox Head is 40-49 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 2021, 74.70% of the homes in Lennox Head were owner-occupied compared with 74.20% in 2016.

Lennox Head has 4,865 properties. Over the last 5 years, Houses in Lennox Head have seen a 8.82% increase in median value, while Units have seen a 15.27% increase. As at 31 August 2026:

  • The median value for Houses in Lennox Head is $1,671,939 while the median value for Units is $1,239,323.
  • Houses have a median rent of $1,000 while Units have a median rent of $820.
There are currently 52 properties listed for sale, and no properties listed for rent in Lennox head on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Lennox head.

Suburb Insights for Lennox Head 2478

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.