Lalbert, situated in the Gannawarra Shire of Victoria, offers a unique and tranquil lifestyle that is increasingly appealing to those seeking a break from the bustling city life. The housing market in Lalbert reflects its rural charm, with properties often characterized by spacious land areas and a variety of traditional-style homes. Typically, the real estate prices in this area have been more affordable compared to urban centers, giving potential homebuyers the opportunity to explore larger properties at reasonable prices. This affordability is a significant draw for families, retirees, or anyone looking to invest in a serene setting surrounded by stunning natural landscapes.
Living in Lalbert provides a peaceful, community-focused lifestyle where residents enjoy a close-knit community atmosphere. The town is known for its welcoming spirit, making newcomers feel right at home. The surrounding area offers beautiful natural scenery, perfect for outdoor activities such as hiking, fishing, and bird watching. The pace of life in Lalbert is relaxed, with local amenities catering to the daily needs of its residents, while larger shopping and entertainment options are just a short drive away in nearby towns. It's an ideal place for those who value peace and quiet, and wish to immerse themselves in a friendly and supportive community.
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Thinking about buying in Lalbert? Now could not be a better time, with just 128 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $207,000 with prices in this suburb ranging from $34,000 to $391,000. The aproximate distance to the coast is 259 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. 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 Lalbert 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 Lalbert 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. 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 Lalbert 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 Valuation6 View Street, Lalbert, VIC, 3542 | Under Offer |
None within suburb boundary
(While the above schools are located with the suburb of Lalbert 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 | |
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Aug | 0.7 | 3.9 | 16.6 | 42.2 | 92.6 | 4.4 | 12.3 |
Sept | 0.9 | 5.4 | 20.8 | 31.1 | 88.8 | 4.6 | 17.1 |
Oct | 0.9 | 8.5 | 25.0 | 25 | 83.8 | 4.5 | 21.7 |
Nov | 0.9 | 11.6 | 28.5 | 20.4 | 78.0 | 4.8 | 24.9 |
Dec | 0.8 | 14.6 | 31.8 | 16.2 | 69.4 | 4.9 | 28.6 |
Jan | 0.8 | 16.3 | 34.0 | 16.1 | 67.3 | 4.7 | 28.2 |
Feb | 0.6 | 16.0 | 32.3 | 21.6 | 71.5 | 4.5 | 24.2 |
Mar | 0.7 | 13.6 | 28.6 | 25.9 | 76.6 | 4.1 | 19.3 |
Apr | 0.9 | 9.7 | 24.0 | 31.7 | 82.5 | 3.7 | 14.7 |
May | 0.9 | 6.8 | 19 | 42.9 | 90.9 | 3.9 | 10.8 |
Jun | 0.8 | 4.2 | 15.2 | 54.6 | 95.0 | 3.6 | 9.0 |
Jul | 0.7 | 3.0 | 15.0 | 50.1 | 94.4 | 4.2 | 9.3 |
source: Australian Government Bureau of Meteorology
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