All About London Lakes, Central Highlands (Tas.), TAS, 7140

London Lakes, located in the scenic Central Highlands of Tasmania, offers a unique and tranquil living experience that appeals particularly to nature lovers and those seeking a retreat from bustling urban environments. The housing market in this region is characterized by a mix of rustic cabins and modest-sized homes, often situated with views of the picturesque lakes and surrounding natural landscapes. Prices are relatively affordable compared to other parts of Australia, making it an attractive option for retirees, holiday home buyers, and those interested in investing in a peaceful lifestyle. However, due to the remote location, property inventory can be limited, so potential buyers might need to act quickly when opportunities arise.

Life in London Lakes is defined by its serene environment, offering residents a strong sense of community amidst vast natural beauty. Outdoor enthusiasts thrive here, with ample opportunities for fishing, hiking, and exploring the surrounding wilderness, which is home to diverse wildlife and pristine waterways. The area provides a perfect setting for those who enjoy a slower pace of life, away from the crowded city streets. Essential amenities might require a bit of travel to larger towns, but the trade-off comes in the form of breathtaking views, clean air, and a close-knit community that values privacy and the simple joys of life immersed in nature.

London Lakes Real Estate Market Outlook

Thinking about buying in London Lakes? Now could not be a better time, with just 133 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $192,000 with prices in this suburb ranging from $128,000 to $356,000. The aproximate distance to the coast is 90 Km.

In London Lakes 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 London Lakes 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. Low average earnings from people in London Lakes 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 London Lakes 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 Valuation

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General Points of Interest

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