Laura, situated in the Northern Areas of South Australia, is a charming rural town that offers a unique blend of small-town serenity and rich local culture. The housing market in Laura is characterized by its affordability and variety, making it an attractive option for families, retirees, and those looking to escape the hustle and bustle of city life. With properties ranging from quaint cottages to more expansive rural homes, buyers can find options that fit different lifestyles and budgets. The real estate market tends to be stable, with modest growth reflective of the town’s steady demand and the appeal of its peaceful environment and community-oriented lifestyle.
Living in Laura provides residents with a warm, welcoming community and a slower pace of life. The town is known for its picturesque landscapes, with rolling hills and verdant fields surrounding the area, creating breathtaking views and ample opportunities for outdoor activities such as hiking and cycling. Laura is also rich in history and culture, featuring local attractions like the annual Laura Folk Fair and the celebrated Golden North ice cream factory. Despite its rural setting, the town offers essential amenities, including schools, healthcare facilities, and small businesses, ensuring that residents have access to necessary services while enjoying the tranquility and close-knit atmosphere of country living.
| Median Weekly Rent | $200.00 |
| Median Monthly Mortgage | $867.00 |
| Median Persons Per bed houseroom | 0.80 |
| Average Household Size | 2.00 |
| Average Age | 49.00 |
| Average Income | $547.00 |
| Average Cars Per Dwelling | 1.68 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | $189,000 |
| Typical 2 bed house | $297,000 |
| Typical 3 bed house | $317,000 |
| Typical 4 bed house | $444,000 |
| Typical 5 bed house | $516,000 |
| Typical 6 bed+ house | $250,000 |
Housing Stock
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Thinking about buying in Laura? Now could not be a better time, with 889 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $281,000 with prices in this suburb ranging from $38,000 to $916,000. The aproximate distance to the coast is 17 Km.
In Laura 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. Low average incomes in Laura is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Laura 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 Laura 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 Laura 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 Laura a better buying opportunity than it may have been in the past.
Instant Property ValuationLaura Primary School
(While the above schools are located with the suburb of Laura there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jun | 0.0 | 15.1 | 30.5 | 37.3 | 95.6 | 1.8 | 18.1 |
| Jul | 0.0 | 14.4 | 31.0 | 35.4 | 95.3 | 2.0 | 18.9 |
| Aug | 0 | 14.5 | 32.3 | 27.8 | 89.3 | 2.0 | 20.5 |
| Sept | 0.0 | 16.4 | 34.5 | 25.5 | 87.9 | 2.4 | 23.7 |
| Oct | 1.2 | 19.1 | 35.2 | 29 | 87.4 | 2.6 | 26.3 |
| Nov | 3.1 | 21.5 | 36.2 | 32.1 | 89.3 | 2.4 | 26.4 |
| Dec | 4.3 | 22.9 | 35.8 | 37.6 | 90.2 | 2.4 | 25.3 |
| Jan | 11.6 | 23.5 | 33.0 | 52.8 | 98.0 | 2.1 | 21 |
| Feb | 7.8 | 23.3 | 32.8 | 53.5 | 97.9 | 1.9 | 20.9 |
| Mar | 4.5 | 22.2 | 32.4 | 50.4 | 98.7 | 1.9 | 21.9 |
| Apr | 2.1 | 20.4 | 32.1 | 50.2 | 98.4 | 1.8 | 21.2 |
| May | 0.2 | 16.5 | 31.6 | 38.9 | 96.2 | 1.8 | 18.7 |
source: Australian Government Bureau of Meteorology
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