Lal Lal, located in the Moorabool region of Victoria, offers a serene and rural lifestyle that attracts individuals and families looking for a peaceful environment. The housing market in Lal Lal is relatively affordable compared to the bustling metropolitan areas, providing an enticing option for those looking to buy property without the hefty price tag. The area mostly consists of larger lots and acreage, appealing to buyers who prefer spacious living and privacy. Recently, there has been a growth in interest due to its proximity to Ballarat and Geelong, which are accessible for work or leisure. This interest is gradually increasing property demand, but Lal Lal still maintains an overall calm and less competitive market.
Living in Lal Lal means embracing a tight-knit community surrounded by natural beauty. Residents enjoy a lifestyle enriched by outdoor activities, with options for hiking, horseback riding, and exploring local parks and reserves like Lal Lal Falls and Moorabool Reservoir. The town is small and cozy, fostering a sense of belonging among its residents while offering essential amenities and services. For more extensive shopping or entertainment needs, people often travel to nearby larger towns. The area is ideal for those who value tranquility, natural surroundings, and a community-oriented lifestyle, providing a perfect escape from the hectic pace of city living.
Median Weekly Rent | $275.00 |
Median Monthly Mortgage | $1733.00 |
Median Persons Per bed houseroom | 0.80 |
Average Household Size | 3.00 |
Average Age | 44.00 |
Average Income | $824.00 |
Average Cars Per Dwelling | 2.70 |
Average Properties Within 50M | 1 |
Typical 1 bed house | $736,000 |
Typical 2 bed house | $546,000 |
Typical 3 bed house | $885,000 |
Typical 4 bed house | $984,000 |
Typical 5 bed house | $1,083,000 |
Typical 6 bed+ house | $1,044,000 |
Housing Stock
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Thinking about buying in Lal Lal? Now could not be a better time, with just 315 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $823,000 with prices in this suburb ranging from $93,000 to $1,892,000. The aproximate distance to the coast is 48 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Lal Lal are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lal Lal provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lal Lal to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Lal Lal 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.
Instant Property Valuation40 Cockatoo Road, Lal Lal, VIC, 3352 | 4 | 2 | 2 | $1,349,000 - $1,399,000 | |
70 Parkers Road, Lal Lal, VIC, 3352 | 4 | $595,000 - $625,000 | |||
290 Yendon-Lal Lal Road, Lal Lal, VIC, 3352 | $690,000 - $745,000 | ||||
29 Coalmine Road, Lal Lal, VIC, 3352 | 4 | 2 | 2 | $745,000 - $785,000 | |
248 Clarendon-Lal Lal Road, Lal Lal, VIC, 3352 | 4 | 1 | 2 | $845,000 - $895,000 | |
36 Rosella Road, Lal Lal, VIC, 3352 | 5 | 2 | 2 | $890,000 - $910,000 |
Lal Lal Primary School
(While the above schools are located with the suburb of Lal Lal there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
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