Thinking about buying in Lacmalac? Now could not be a better time, with just 109 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $775,000 with prices in this suburb ranging from $414,000 to $1,196,000. The aproximate distance to the coast is 171 Km.

Lacmalac Real Estate Market Outlook

In Lacmalac there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Lacmalac is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Lacmalac leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Lacmalac the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Properties for sale Lacmalac

67 hargreaves cl, lacmalac, nsw, 2720

3

2

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$950,000 - $1,050,000

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Recently Sold Properties / House Prices

27-02-2024	$1,350,000	331 LACMALAC RD
08-09-2023	$900,000	67 HARGREAVES CL
04-05-2022	$888,000	447 LACMALAC RD
23-03-2022	$1,200,000	61 HARGREAVES CL
04-05-2021	$112,500	651 LACMALAC RD
28-09-2020	$380,000	607 LACMALAC RD
29-10-2019	$875,000	392 LACMALAC RD
31-05-2019	$465,000	72 GOOBARRAGANDRA RD
14-12-2018	$605,000	10 HARGREAVES CL
18-06-2018	$757,000	530 LACMALAC RD
31-05-2018	$627,500	10 HARGREAVES CL
09-11-2017	$540,000	44 HARGREAVES CL
02-11-2017	$525,000	47 FOLEYS RD
26-10-2017	$200,000	489 LACMALAC RD
10-08-2017	$650,000	331 LACMALAC RD
19-05-2017	$260,000	348 LACMALAC RD
27-01-2017	$275,000	737 LACMALAC RD
30-11-2016	$510,000	425 LACMALAC RD
05-08-2016	$520,000	331 LACMALAC RD
30-10-2015	$485,000	373 LACMALAC RD
26-06-2015	$565,000	7 HARGREAVES CL
06-01-2015	$555,000	13 HARGREAVES CL
22-12-2014	$585,000	349 LACMALAC RD
31-03-2014	$130,000	61 HARGREAVES CL
03-07-2013	$325,000	131 GOOBRAGANDARA RD
24-05-2013	$310,000	331 LACMALAC RD
08-04-2011	$510,000	24 HARGREAVES CL
06-08-2010	$470,000	373 LACMALAC RD
30-07-2010	$600,000	26 GOOBARRAGANDRA RD
14-07-2010	$530,000	349 LACMALAC RD
21-05-2010	$610,000	74 GOOBARRAGANDRA RD

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Internet Speed

Download 25 Mbps / Upload 5 Mbps

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Nearby Suburbs

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General Points of Interest

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