Lance Creek
VIC, 3995
-
Bass Coast
Thinking about buying in Lance Creek? Now could not be a better time, with just 61 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $2,595,000 with prices in this suburb ranging from $865,000 to $5,328,000. Lance Creek is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
| Median Persons Per Bedroom | |
| Average Household Size | |
| Average Age | |
| Average Income | $ |
| Average Cars Per Dwelling | |
| Average Properties Within 50M |
Housing Stock
Average Property Prices
Lance Creek Real Estate Market Outlook
In Lance Creek 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 Lance Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Lance Creek 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 Lance Creek 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 Lance Creek 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 Lance Creek a better buying opportunity than it may have been in the past.
Local Schools
Kongwak Primary School
(While the above schools are located with the suburb of Lance Creek there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lance Creek 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 | 1.2 | 13.0 | 25.4 | 49.0 | 93.8 | 4.3 | 24.5 |
| Feb | 1.5 | 13.2 | 25.1 | 47.6 | 88.1 | 4.3 | 20.1 |
| Mar | 1.9 | 12.1 | 23.4 | 49.9 | 83.7 | 4.0 | 15.4 |
| Apr | 2.2 | 9.6 | 20.2 | 52.9 | 85.1 | 3.5 | 11.3 |
| May | 3.4 | 8.0 | 16.8 | 61.5 | 94.2 | 3.7 | 8 |
| Jun | 2.9 | 6 | 14.6 | 63.3 | 91.8 | 3.3 | 6.8 |
| Jul | 2.4 | 6.0 | 13.9 | 64.4 | 94 | 3.9 | 7.4 |
| Aug | 3 | 6.4 | 14.5 | 60.9 | 94.0 | 4.2 | 10.1 |
| Sept | 2.9 | 7.6 | 16.8 | 57.9 | 94.1 | 4.2 | 14.1 |
| Oct | 2.4 | 8.5 | 18.8 | 57.6 | 94.3 | 4.3 | 19.0 |
| Nov | 2.4 | 10.1 | 20.4 | 57.6 | 95.5 | 4.5 | 22.3 |
| Dec | 2.2 | 11.6 | 22.4 | 54.2 | 95.0 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Leongatha - Greater then 10KM
Tankerton Jetty - Greater then 10KM
General Points of Interest
Wonthaggi Coal Mine Whistle - Less than 10 KM
Wonthaggi Plaza - Less than 10 KM
Bass Coast Plaza - Less than 10 KM
Wonthaggi Golf Club - Less than 10 KM
Wonthaggi War Memorial - Less than 10 KM
Bass Coast Aquatic and Leisure Centre - Less than 10 KM
Bowls Club - Less than 10 KM
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