Lockhart, a charming town in New South Wales, offers a unique glimpse into the pastoral beauty and close-knit community life typical of rural Australia. The housing market in Lockhart reflects its small-town charm, with a mix of historical homes and modern accommodations. Property prices here tend to be more affordable compared to the urban centers, making it an attractive option for families, retirees, and anyone looking to escape the hustle and bustle of city life. The demand for housing is steady, driven by its serene environment and the appeal of a slower pace of life. Renovated classic homes and heritage-style cottages often catch the eye of buyers who are drawn to nostalgia and character. Investors also find potential in Lockhart's real estate, given the town's steady popularity among those seeking a tree change.
Living in Lockhart provides a tranquil lifestyle enriched with community spirit and natural beauty. The town is known for its vibrant history, evident in its beautifully preserved main street and annual events that celebrate its cultural heritage. Residents enjoy a variety of activities, from exploring the heritage-listed sites to participating in local events such as the Lockhart Picnic Races or the Bunya Festival. The town offers basic amenities and services, including schools, shops, and healthcare facilities, ensuring residents have access to essential needs. With its friendly locals, safe environment, and picturesque landscapes, Lockhart presents an appealing lifestyle for those who value community connections and peaceful surroundings. Its close proximity to larger centers like Wagga Wagga also means that while residents enjoy the benefits of rural living, they are not far from the conveniences of a larger city.
| Median Weekly Rent | $197.00 |
| Median Monthly Mortgage | $867.00 |
| Median Persons Per bed houseroom | 0.65 |
| Average Household Size | 2.00 |
| Average Age | 54.00 |
| Average Income | $570.00 |
| Average Cars Per Dwelling | 1.64 |
| Average Properties Within 50M | 9 |
| Typical 1 bed house | $204,000 |
| Typical 2 bed house | $205,000 |
| Typical 3 bed house | $326,000 |
| Typical 4 bed house | $479,000 |
| Typical 5 bed house | $389,000 |
| Typical 6 bed+ house | $169,000 |
Housing Stock
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Thinking about buying in Lockhart? Now could not be a better time, with 1171 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $352,000 with prices in this suburb ranging from $21,000 to $5,381,000. The aproximate distance to the coast is 299 Km.
In Lockhart 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 Lockhart 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 Lockhart 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 Lockhart 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 Lockhart 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 Lockhart a better buying opportunity than it may have been in the past.
Instant Property ValuationSt Joseph's Primary School
Lockhart Central School
(While the above schools are located with the suburb of Lockhart 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 | 12.2 | 24.1 | 32.3 | 63.2 | 96.7 | 2.3 | 20.5 |
| Feb | 8.7 | 24.4 | 32.4 | 63.0 | 97.0 | 2.8 | 20.6 |
| Mar | 13 | 24.0 | 30.6 | 69.2 | 97.4 | 2.8 | 18.5 |
| Apr | 10.7 | 23.5 | 30.0 | 64.0 | 96.6 | 3.5 | 18.7 |
| May | 2.3 | 22.4 | 29 | 68.1 | 94.6 | 4.4 | 17.5 |
| Jun | 1.9 | 21.4 | 27.9 | 68.5 | 95.0 | 4.5 | 16.3 |
| Jul | 1.3 | 20.3 | 27.5 | 65.6 | 94.1 | 4.6 | 16.8 |
| Aug | 0.8 | 20 | 28.2 | 60.6 | 93.9 | 4.4 | 19.6 |
| Sept | 0.5 | 21.7 | 29.3 | 57.8 | 88.4 | 5.7 | 20.6 |
| Oct | 1.2 | 22.7 | 30.6 | 57.6 | 88.6 | 4.6 | 23.5 |
| Nov | 1.0 | 24.3 | 32.3 | 56.6 | 88.3 | 4.3 | 25.9 |
| Dec | 1.4 | 24.5 | 33.6 | 54.6 | 92.4 | 3.0 | 24.8 |
source: Australian Government Bureau of Meteorology
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