Question 1

Is Lawrence a nice place to live?

Accepted Answer

Lawrence is a small riverside village on the Clarence River with a river-port heritage and a relaxed country-town character. Streets mix timber cottages and newer waterfront homes on generous blocks, and the river shapes daily life — boating, fishing and riverbank parks are popular. Basic shops and community facilities service residents, while larger shopping, schools and medical services are in nearby Maclean and Grafton, so many treat Lawrence as a peaceful base for riverfront living.

With 1,159 residents and a median age of 54, the community is weighted towards couples without children (57.0%). Homes are mostly owner-occupied, with about nine in ten owned and 9.4% rented. The town has an adopted community economic development plan to guide riverfront and local projects, council activity on road upgrades, and a water tower painted with a mural developed with local school students. Whether that suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Lawrence?

Accepted Answer

House rents in Lawrence run to about $600 a week. Against a typical local household income of $1,104 a week at the last Census, that rent would take about 54.3% of a household's weekly income, which is a large share. If you're renting rather than buying, that rent share is the number that matters when you judge how expensive the suburb feels for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Lawrence a good place to invest?

Accepted Answer

House values in Lawrence fell 4.7% over the past 12 months while house rents climbed 16.5% over the same period. For someone weighing Lawrence up as an investment, that means the capital value of houses declined modestly over the year while rental income increased strongly, so the rent a house earns has been the stronger performer. Whether that pattern suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-4.7%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	71	N/A
Average rent Past 12 months	$600	N/A
Change in rent Past 12 months	16.5%	N/A

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