All About Lameroo, Southern Mallee, SA, 5302
Lameroo, located in the Southern Mallee region of South Australia, is a quintessential rural town offering a serene and close-knit community lifestyle. Known for its expansive landscapes and agricultural roots, the housing market in Lameroo is generally more affordable compared to urban centers, making it an attractive option for those looking to escape the hustle and bustle of city life. The real estate landscape in Lameroo typically features spacious properties, including charming heritage homes and newer builds that favor functionality and comfort. With a modest but steady demand, the housing market provides excellent opportunities for first-time buyers, retirees, or anyone seeking a peaceful environment with the potential for long-term investment growth.
Living in Lameroo means embracing a slower pace of life enriched with natural beauty and a strong sense of community. The town boasts essential amenities such as schools, healthcare facilities, and local shops, ensuring that residents have convenient access to everyday needs. Community events and gatherings are a significant part of life here, providing opportunities for social interaction and fostering a sense of belonging among residents. The surrounding area offers plenty of outdoor activities, from leisurely walks in the vast farmlands to more adventurous pursuits like exploring local conservation parks. Lameroo’s welcoming atmosphere, coupled with its affordable housing, makes it an appealing choice for those looking to enjoy a rural lifestyle with the benefits of community living.
Household Makeup
| Median Weekly Rent | $158.50 |
| Median Monthly Mortgage | $883.50 |
| Median Persons Per bed houseroom | 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 |
| Typical 1 bed house | $216,000 |
| Typical 2 bed house | $204,000 |
| Typical 3 bed house | $386,000 |
| Typical 4 bed house | $589,000 |
| Typical 5 bed house | $365,000 |
| Typical 6 bed+ house | $606,000 |
Housing Stock
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Lameroo Real Estate Market Outlook
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.
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.
Instant Property ValuationHouses for sale Lameroo
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79 Railway Tce South, Lameroo, SA, 5302 |  3 |
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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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Lameroo Golf Club - Less than 1 KM
Nearby Suburbs
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