Lakeland, a rural locality in Cook Shire, Queensland, offers a unique experience in the North Queensland region that comes with a housing market distinct from urban centers. The housing market in Lakeland tends to be less competitive compared to bustling cities, primarily due to its smaller population and remote location. Properties in Lakeland generally offer more space and privacy, often featuring vast plots of land that are ideal for those interested in agriculture or seeking tranquility away from city hustle. The prices are typically more affordable than metropolitan areas, making it an attractive option for those seeking to own larger properties or enter the real estate market without the hefty expenses seen in more populated areas.
Living in Lakeland means being closely connected with nature and community life. The lifestyle is predominantly rural, with agriculture being central to the local economy. Residents enjoy a quiet and peaceful environment, with access to natural beauty and outdoor activities such as fishing, hiking, and exploring the nearby national parks and landmarks. The community is tight-knit, often fostering strong relationships among neighbors. However, potential residents should be prepared for limited access to amenities and services commonly found in larger towns and cities, requiring travel for certain conveniences. This lifestyle appeals particularly to those who value simplicity, community, and a slower pace of life.
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Housing Stock
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Thinking about buying in Lakeland? Now could not be a better time, with just 207 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $393,000 with prices in this suburb ranging from $247,000 to $468,000. The aproximate distance to the coast is 12 Km.
In Lakeland 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 Lakeland 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. The slightly lower than average earnings from occupations in Lakeland changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Lakeland requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Lakeland we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lakeland a better buying opportunity than it may have been in the past.
Instant Property ValuationLakeland State School
(While the above schools are located with the suburb of Lakeland 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 | 10.9 | 24.3 | 32.0 | 63.0 | 94.8 | 3.0 | 21.2 |
| Feb | 16.6 | 24.1 | 31.8 | 66.7 | 96.4 | 2.6 | 21.6 |
| Mar | 11.5 | 24.1 | 30.7 | 68.7 | 95.9 | 3.1 | 20.5 |
| Apr | 6.6 | 23.2 | 29.4 | 66.6 | 92.8 | 4.2 | 20.1 |
| May | 1.0 | 21.8 | 27.8 | 63.7 | 89.2 | 4.9 | 17.7 |
| Jun | 0.5 | 19.0 | 27 | 60.8 | 90.9 | 4.2 | 17.8 |
| Jul | 0.7 | 19.4 | 26.9 | 61.1 | 90.8 | 4.3 | 17.5 |
| Aug | 0.4 | 17.8 | 26.9 | 54.6 | 91.5 | 4.4 | 20.6 |
| Sept | 0.3 | 21.3 | 29.1 | 53.0 | 86 | 5.3 | 22.2 |
| Oct | 1.8 | 22.2 | 30.3 | 57.1 | 89.2 | 4.8 | 23.6 |
| Nov | 1.9 | 24.1 | 32.2 | 54.4 | 90.7 | 4.4 | 25.0 |
| Dec | 5.9 | 24.2 | 32.5 | 54.9 | 90.8 | 4.2 | 25 |
source: Australian Government Bureau of Meteorology
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