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Suburb Insights ยท NSW 2480

Lagoon Grass 2480, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Lagoon Grass is a coastal suburb in New South Wales, Australia, with a population of approximately 49, making it a boutique locality. Located approximately 599 km from the Sydney CBD, Lagoon Grass is a coastal area in New South Wales. The median household income is $58,500 AUD per year (ABS 2021 Census).

Investment Score

35 / 100 Weak

Lagoon Grass's income profile suggests a value-oriented market with competitive purchase prices. Seaside positioning attracts both owner-occupiers and holiday rental demand.

Location

Map shows Lagoon Grass, New South Wales, Australia.

Key Indicators

Postcode
2480

Official Australia Post postcode for Lagoon Grass. A postcode may cover multiple suburbs.

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Population
49

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$300/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$58,500/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
599 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,582/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
74% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Coastal lifestyle is a strong draw for Lagoon Grass, supporting both long-term rental demand and holiday letting potential. Seaside suburbs in New South Wales consistently attract interstate migration and lifestyle buyers. The median rent of $300/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,582/month.

Investment Strategy

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Buy & Hold

Lagoon Grass offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Lagoon Grass can deliver reasonable rental income, though yields are not the primary draw.

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Renovation / Flip

The resale market in Lagoon Grass may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Lagoon Grass property

Full Property Analysis

30-year projections for Lagoon Grass

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Low

Lagoon Grass faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. The rental market in Lagoon Grass should see steady occupancy, with moderate upward pressure on rents. Lagoon Grass is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Lagoon Grass a good suburb for investment?

Lagoon Grass is a coastal area in New South Wales with a population of 49. The median rent is $300/week and the median household income is $58,500/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Lagoon Grass?

Key demand drivers in Lagoon Grass include lifestyle appeal and proximity to the coast. 74% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Lagoon Grass?

According to the ABS 2021 Census, Lagoon Grass has a population of approximately 49. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Lagoon Grass from the Sydney CBD?

Lagoon Grass is approximately 599 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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