Bool Lagoon, located in the Naracoorte Lucindale region of South Australia, presents a unique and charming setting for potential homeowners and residents. The housing market here is characterized by its rural appeal and affordability compared to larger cities, offering a variety of properties from traditional farmhouses to modern homes nestled within picturesque landscapes. Bool Lagoon is particularly known for its proximity to the Bool Lagoon Game Reserve, making it an attractive location for nature enthusiasts and those seeking a serene and peaceful lifestyle. The community is small but tightly-knit, providing a sense of belonging and security for its residents. The real estate market is generally stable, but, as in any rural area, it's wise for potential buyers to work with local real estate agents who understand the nuances of the area.
Living in Bool Lagoon is often described as tranquil and fulfilling, with a life that revolves around the stunning natural environment and local community events. The areas surrounding the lagoon are a haven for birdwatchers and those passionate about wildlife, offering an abundance of opportunities for outdoor activities such as hiking and camping. The region experiences a Mediterranean climate with moderate temperatures, contributing to its appeal for individuals preferring mild weather. Community life in Bool Lagoon is enriched by a blend of local traditions and outdoor hobbies, with common gatherings at local community centers and sporting events that offer opportunities for socializing and community engagement. While amenities such as shopping and specialized services may require traveling to nearby towns like Naracoorte, the trade-off is a slower pace of life and a stronger connection to nature.
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Housing Stock
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Thinking about buying in Bool Lagoon? Now could not be a better time, with just 97 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $889,000 with prices in this suburb ranging from $876,000 to $1,891,000. The aproximate distance to the coast is 56 Km.
In Bool Lagoon 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 Bool Lagoon 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 Bool Lagoon 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 Bool Lagoon 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 ValuationNone within suburb boundary
(While the above schools are located with the suburb of Bool Lagoon 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 | 0.6 | 11.6 | 30.3 | 24.0 | 84.2 | 5.2 | 27.5 |
| Feb | 0.5 | 12.3 | 29.2 | 30.1 | 88.9 | 5.1 | 22.7 |
| Mar | 0.5 | 9.7 | 25.7 | 33.6 | 91.5 | 4.6 | 17.7 |
| Apr | 1.1 | 8.9 | 21.9 | 42.7 | 91.7 | 4.2 | 12.7 |
| May | 1.2 | 7.1 | 17.3 | 56.7 | 93 | 4.1 | 9.4 |
| Jun | 1.6 | 5.2 | 14.7 | 63.6 | 94.1 | 4.0 | 8.1 |
| Jul | 2.5 | 5.6 | 14.0 | 65.4 | 94.4 | 4.8 | 7.9 |
| Aug | 2.4 | 5.4 | 15.0 | 59.2 | 93.6 | 4.9 | 10.7 |
| Sept | 1.7 | 6.8 | 17.5 | 51.6 | 93.1 | 5.3 | 15.1 |
| Oct | 1.1 | 7.2 | 21 | 44.8 | 92.2 | 4.8 | 20.2 |
| Nov | 0.9 | 8.8 | 24.0 | 37.0 | 93.2 | 5.0 | 23.2 |
| Dec | 0.6 | 10.2 | 27.9 | 28.2 | 90.0 | 5 | 27.7 |
source: Australian Government Bureau of Meteorology
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