Back

Lameroo
SA, 5302 - Southern Mallee

Thinking about buying in Lameroo? Now could not be a better time, with 1085 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $271,000 with prices in this suburb ranging from $90,000 to $2,651,000. The aproximate distance to the coast is 93 Km.

Household Makeup

Median Weekly Rent $158.50
Median Monthly Mortgage $883.50
Median Persons Per Bedroom 0.75
Average Household Size 2.50
Average Age 43.50
Average Income $740.50
Average Cars Per Dwelling 2.09
Average Properties Within 50M 5

Housing Stock

Average Property Prices

1 Bed  $216,000
2 Bed  $204,000
3 Bed  $386,000
4 Bed  $589,000
5 Bed  $365,000
6 Bed+$606,000

Lameroo Real Estate Market Outlook

In Lameroo 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 Lameroo 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 Lameroo 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 Lameroo 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.

Houses for sale Lameroo

Elders 79 RAILWAY TCE SOUTH, LAMEROO, SA, 5302 Beds3 Bathrooms1 Parking 3 Auction 29th November @11am On Site

Local Schools

Lameroo Regional Community School

(While the above schools are located with the suburb of Lameroo 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.

Lameroo 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
Jan0.813.932.421.177.95.528.2
Feb0.614.031.324.382.25.124.0
Mar0.511.827.728.386.64.819.1
Apr0.89.123.336.289.64.514.5
May16.918.54793.94.510.4
Jun1.14.815.25696.14.29.0
Jul1.14.714.758.996.64.79.1
Aug1.14.116.448.395.24.912.4
Sept1.15.620.738.094.85.116.9
Oct0.87.323.033.792.95.122.6
Nov0.69.626.824.486.65.425.7
Dec0.912.530.123.082.75.728.6

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ParillaWilkawattMulpataGurrai Railway StationParrakieKulkamiMintabieGeraniumKarteMarama


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!