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All About Lal Lal, Moorabool, VIC, 3352

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.

Household Makeup

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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Lal Lal Real Estate Market Outlook

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 Valuation

Houses for sale Lal Lal

Buxton 40 Cockatoo Road, Lal Lal, VIC, 3352 Beds4 Bathrooms2 Parking 2 $1,349,000 - $1,399,000
Buxton 70 Parkers Road, Lal Lal, VIC, 3352 Beds Bathrooms Parking 4 $595,000 - $625,000
Buxton 290 Yendon-Lal Lal Road, Lal Lal, VIC, 3352 Beds Bathrooms $690,000 - $745,000
PRD 29 Coalmine Road, Lal Lal, VIC, 3352 Beds4 Bathrooms2 Parking 2 $745,000 - $785,000
PRD 248 Clarendon-Lal Lal Road, Lal Lal, VIC, 3352 Beds4 Bathrooms1 Parking 2 $845,000 - $895,000
PRD 36 Rosella Road, Lal Lal, VIC, 3352 Beds5 Bathrooms2 Parking 2 $890,000 - $910,000
Properties for sale in Lal Lal

Local Schools

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)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lal Lal weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.112.727.435.090.83.726.1
Feb4.812.926.339.591.63.420.8
Mar1.211.623.942.291.23.415.9
Apr1.39.319.848.994.13.311.8
May1.17.516.057.593.93.88.9
Jun1.65.213.065.795.53.67.4
Jul1.45.412.462.492.04.57.6
Aug1.25.013.059.493.13.99.7
Sept1.66.616.253.494.94.014.2
Oct1.87.318.749.996.23.819.6
Nov1.68.921.544.695.03.522.4
Dec1.010.625.037.693.43.725.8

source: Australian Government Bureau of Meteorology



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