All About Lake Leake, Glamorgan-Spring Bay, TAS, 7210
Lake Leake, located in the scenic Glamorgan-Spring Bay region of Tasmania, offers a unique and tranquil lifestyle that appeals to those seeking a retreat from the hustle and bustle of city life. The housing market in this area is characterized by its affordability compared to more urban Tasmanian locations. Homes here often feature rustic and charming designs, reflecting the area's natural beauty and close proximity to the picturesque Lake Leake itself. Properties may range from cozy cabins and cottages to larger homes that blend seamlessly into the lush landscapes. The market is generally stable, though it experiences fluctuations common to rural property settings, largely influenced by factors such as tourism, local economic conditions, and demand for holiday homes.
Living in Lake Leake provides a peaceful, nature-oriented experience with a strong sense of community. The area is renowned for outdoor pursuits like fishing, hiking, and bird watching, making it ideal for nature enthusiasts. Residents enjoy a slower pace of life, with the local community fostering a warm and welcoming atmosphere. Essential amenities are accessible, though options may be limited compared to larger towns, meaning residents often rely on nearby towns for shopping and other services. Despite its remote feel, Lake Leake is only a short drive from the vibrant east coast, offering added convenience for those who appreciate rural living but still crave occasional access to more extensive facilities and entertainment.
Household Makeup
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Housing Stock
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Lake Leake Real Estate Market Outlook
Thinking about buying in Lake Leake? Now could not be a better time, with just 172 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $138,000 with prices in this suburb ranging from $15,000 to $485,000. Lake Leake 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.
In Lake Leake 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 Lake Leake 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 Lake Leake 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. Medium density in Lake Leake necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Lake Leake 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 Lake Leake a better buying opportunity than it may have been in the past.
Instant Property ValuationProperties for sale Lake Leake
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7 Kalangadoo Road, Lake Leake, TAS, 7210 |  2 |
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Offers over $475,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Lake Leake there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Lake Leake 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 | 2.1 | 13.3 | 23.8 | 47.4 | 89.6 | 4.1 | 23.0 |
| Feb | 2.1 | 13.0 | 22.9 | 51.5 | 90.7 | 3.8 | 18.3 |
| Mar | 1.9 | 12.7 | 21.8 | 52.7 | 93.4 | 3.5 | 13.2 |
| Apr | 1.4 | 10.0 | 19.2 | 51.5 | 89.4 | 3.3 | 9.9 |
| May | 1.9 | 8.0 | 16.2 | 54.9 | 87.9 | 3.4 | 6.8 |
| Jun | 2.5 | 6.3 | 14.2 | 60.2 | 90.0 | 3.2 | 5.5 |
| Jul | 1.1 | 5.7 | 14.0 | 55.9 | 88.4 | 3.4 | 6.6 |
| Aug | 1.5 | 5.5 | 14.4 | 52.8 | 90.0 | 3.6 | 9.0 |
| Sept | 1.3 | 7.3 | 17.1 | 46.0 | 86.7 | 3.8 | 13.3 |
| Oct | 1.2 | 8.7 | 19.2 | 44.8 | 88.3 | 3.8 | 18.4 |
| Nov | 5.7 | 10.3 | 19.1 | 54.1 | 91.7 | 4.2 | 18.3 |
| Dec | 2.5 | 11.8 | 22 | 48.0 | 88.8 | 4.1 | 25.1 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Meetus Falls - Less than 10 KM
Nearby Suburbs
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