Thinking about buying in Lake Gilles? Now could not be a better time, with just 5 residential dwellings it's a highly sought after location. The aproximate distance to the coast is 56 Km.
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| Average Income | $ |
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In Lake Gilles 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lake Gilles due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Lake Gilles 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 Lake Gilles 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.
None within suburb boundary
(While the above schools are located with the suburb of Lake Gilles 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 | 0.2 | 18 | 33.7 | 21.1 | 75.8 | 6.7 | 26.7 |
| Feb | 0.5 | 17.3 | 31.8 | 24.8 | 76.8 | 6.0 | 24.5 |
| Mar | 0.5 | 15.3 | 28.6 | 27.8 | 81.6 | 5.5 | 19.2 |
| Apr | 0.3 | 13.3 | 26.6 | 28.4 | 81.6 | 5 | 15.1 |
| May | 0.4 | 9.4 | 19.9 | 39.4 | 84.7 | 4.9 | 11.5 |
| Jun | 0.4 | 6.6 | 17.2 | 42.4 | 88.8 | 4.4 | 10.4 |
| Jul | 0.4 | 6.6 | 17.7 | 41.2 | 89.1 | 5.4 | 11.3 |
| Aug | 0.6 | 7.3 | 18.7 | 36.1 | 87.2 | 5.9 | 13.7 |
| Sept | 0.5 | 9.3 | 23.2 | 24.5 | 81.4 | 5.8 | 18.3 |
| Oct | 0.2 | 12.6 | 27.6 | 21.0 | 75.6 | 5.9 | 22.2 |
| Nov | 0.4 | 12.9 | 28.7 | 17.7 | 78.8 | 6.6 | 27.9 |
| Dec | 0.4 | 17.0 | 32.6 | 20.2 | 74.5 | 6.8 | 26.2 |
source: Australian Government Bureau of Meteorology
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