Louth, located in the Bourke Shire of New South Wales, offers a distinct and serene lifestyle that stands out against the backdrop of more urbanized Australian areas. The housing market in Louth is notably modest, primarily consisting of rural properties and traditional homes that reflect the town’s pastoral heritage. Given its remote location and small population, the demand for housing is generally low, leading to relatively affordable property prices compared to larger towns and cities. Prospective buyers or renters typically find themselves considering spacious land parcels, often ideal for those interested in farming or wanting expansive plots for privacy and tranquility.
Living in Louth is defined by a close-knit community and a slower pace of life. The town is known for its historical charm and its setting along the Darling River, offering picturesque views and outdoor activities such as fishing or kayaking. Residents enjoy a sense of community that is often fostered through local events and gatherings, such as the famous Louth Races, which draw visitors from various parts of the region. While amenities are limited compared to urban centers, the town’s friendly atmosphere and the opportunity for a rural lifestyle, complete with wide-open spaces and a strong connection to nature, make it an attractive choice for those seeking to escape the hustle and bustle of city living.
Median Weekly Rent | $147.50 |
Median Monthly Mortgage | $1283.00 |
Median Persons Per bed houseroom | 0.75 |
Average Household Size | 2.75 |
Average Age | 43.00 |
Average Income | $862.00 |
Average Cars Per Dwelling | 2.71 |
Average Properties Within 50M | 2 |
Typical 2 bed house | $71,000 |
Housing Stock
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Thinking about buying in Louth? Now could not be a better time, with just 174 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $71,000 with prices in this suburb ranging from $25,000 to $165,000. The aproximate distance to the coast is 621 Km.
In Louth 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 Louth 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 Louth 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. Lower than average population density constrains growth in Louth to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Louth 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 ValuationLouth Public School
(While the above schools are located with the suburb of Louth 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 | |
---|---|---|---|---|---|---|---|
Jan | 0.5 | 15.1 | 30.6 | 30.1 | 85.9 | 5.4 | 26.3 |
Feb | 0.8 | 15.0 | 29.3 | 34.2 | 87.0 | 5.1 | 23.3 |
Mar | 0.4 | 13.5 | 26.8 | 38.0 | 89.4 | 5.0 | 19.0 |
Apr | 1.0 | 10.3 | 23.8 | 40.5 | 92.6 | 4.1 | 14.5 |
May | 1.4 | 7.9 | 19.3 | 49.2 | 94.9 | 3.8 | 10.9 |
Jun | 2.1 | 6.2 | 16.3 | 56.1 | 96.6 | 3.8 | 8.9 |
Jul | 2.3 | 5.5 | 15.6 | 61.6 | 98.5 | 4.2 | 9.6 |
Aug | 1.5 | 4.8 | 16.6 | 58.6 | 99.2 | 3.9 | 12.4 |
Sept | 1.3 | 6.7 | 20.1 | 50.3 | 98.7 | 4.5 | 16.9 |
Oct | 0.7 | 7.8 | 24.3 | 36.6 | 95.0 | 4.5 | 21.9 |
Nov | 0.5 | 10.1 | 26.5 | 30.8 | 92.6 | 5.0 | 24.0 |
Dec | 0.5 | 12.6 | 28.8 | 29.4 | 88.4 | 5.0 | 27.5 |
source: Australian Government Bureau of Meteorology
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