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All About Lambells Lagoon, Litchfield, NT, 0822

Lambells Lagoon, located in the Litchfield Municipality of the Northern Territory, offers a unique slice of rural Australian life with a distinctive charm. The housing market in this area typically consists of expansive land parcels and rural properties, catering mainly to those looking for a quiet lifestyle away from the hustle and bustle of city living. Real estate opportunities often include large family homes and acreage, making it an attractive option for people who wish to enjoy space and privacy. Given its rural nature, the housing market in Lambells Lagoon is relatively stable, with moderate demand driven by individuals seeking a serene environment or those interested in agricultural pursuits.

Living in Lambells Lagoon is about embracing the tranquility and natural beauty of the Territory, with its lush landscapes and proximity to natural attractions like Howard Springs Nature Park and the Adelaide River. Residents enjoy a relaxed, tight-knit community atmosphere where the pace of life is slower and more laid-back compared to urban centers. The area provides plenty of opportunities for outdoor activities, such as hiking, fishing, and bird-watching, which are perfect for nature enthusiasts. While amenities such as shops and schools are not as abundant as in nearby Palmerston or Darwin, the trade-off is a peaceful lifestyle amidst a picturesque setting, ideal for those who value privacy and the great outdoors.

Household Makeup

Median Weekly Rent $335.00
Median Monthly Mortgage $2649.80
Median Persons Per bed houseroom 1.04
Average Household Size 3.00
Average Age 39.20
Average Income $1112.40
Average Cars Per Dwelling 2.40
Average Properties Within 50M 1
Typical 1 bed house$609,000
Typical 2 bed house
Typical 3 bed house
Typical 4 bed house$954,000

Housing Stock

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Lambells Lagoon Real Estate Market Outlook

Thinking about buying in Lambells Lagoon? Now could not be a better time, with just 169 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $834,000 with prices in this suburb ranging from $572,000 to $1,111,000. The aproximate distance to the coast is 22 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. High average incomes in Lambells Lagoon ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lambells Lagoon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lambells Lagoon 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Lambells Lagoon 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.

Lambells Lagoon 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
Jan11.224.133.358.993.72.619.2
Feb10.324.234.257.595.62.421.1
Mar7.724.134.453.394.92.021.2
Apr3.122.534.344.395.31.922.3
May0.719.833.538.493.82.120.7
Jun0.015.732.829.090.92.220.0
Jul014.533.225.891.02.320.8
Aug013.834.319.590.12.222.5
Sept0.618.836.725.292.62.324.5
Oct1.921.737.530.793.12.425.4
Nov3.623.237.03893.72.124.5
Dec8.824.035.349.093.52.122.3

source: Australian Government Bureau of Meteorology



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