Thinking about buying in Lake Argyle? Now could not be a better time, with just 63 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 44 Km.
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In Lake Argyle 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. Incomes in Lake Argyle are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Lake Argyle 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. Medium density in Lake Argyle necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Jungdranung Remote Community School
(While the above schools are located with the suburb of Lake Argyle 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 | 5.8 | 25.7 | 36.5 | 39.5 | 87.9 | 3.1 | 24.0 |
Feb | 5.8 | 25.2 | 37.0 | 35.4 | 87.1 | 3.0 | 24.5 |
Mar | 4.1 | 25.6 | 36.7 | 34.4 | 81.7 | 2.7 | 22 |
Apr | 0.8 | 23.6 | 35.9 | 24.4 | 65.3 | 2.5 | 21.7 |
May | 0 | 19.9 | 32.7 | 18.7 | 52.8 | 2.3 | 19.3 |
Jun | 0 | 16.6 | 30.3 | 18.4 | 53.5 | 2.6 | 18.8 |
Jul | 0 | 17.0 | 31.6 | 15.0 | 41.6 | 2.6 | 20.9 |
Aug | 0 | 16.9 | 31.6 | 11.5 | 35.8 | 3.0 | 21.8 |
Sept | 0.1 | 22.4 | 37.1 | 13.0 | 48.0 | 3.0 | 25.3 |
Oct | 0.5 | 26.4 | 39.8 | 16.6 | 62.8 | 3.2 | 27.4 |
Nov | 2.1 | 27.6 | 40.5 | 21.1 | 64.5 | 3.4 | 24.5 |
Dec | 4.4 | 26.0 | 37.2 | 35.5 | 83.8 | 3.3 | 24.4 |
source: Australian Government Bureau of Meteorology
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