All About Lamington, Kalgoorlie-Boulder, WA, 6430

Lamington, located in the broader area of Kalgoorlie-Boulder, WA, presents a distinctive snapshot of the Australian housing market. Known for its heritage appeal, the suburb features a mix of charming older homes and modern residences, offering diverse options for potential homeowners and investors. The housing market in Lamington is relatively stable, characterized by moderate pricing that reflects the suburb's appeal as a family-friendly and community-oriented area. Given its proximity to the region's mining hubs, Lamington benefits from a steady demand for housing from professionals and workers. This demand contributes to a resilient market environment, making it a viable option for both long-term living and investment.

Living in Lamington offers a blend of suburban tranquility and the vibrant history of Kalgoorlie-Boulder. Residents enjoy a close-knit community atmosphere bolstered by local amenities such as parks, schools, and shopping centers. The suburb's streets, lined with mature trees, enhance its picturesque setting and create a welcoming environment for families and retirees alike. Lamington’s location provides easy access to the commercial and recreational opportunities in Kalgoorlie-Boulder, making it convenient for those who appreciate both urban conveniences and a peaceful residential setting. The community is known for its active involvement in local events and a shared passion for preserving its unique cultural heritage, making it a rewarding place to connect with neighbors and participate in community life.

Lamington Real Estate Market Outlook

Thinking about buying in Lamington? Now could not be a better time, with 947 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $537,000 with prices in this suburb ranging from $236,000 to $1,317,000. The aproximate distance to the coast is 339 Km.

In Lamington 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 Lamington 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 Lamington 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 Lamington 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 Lamington 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 Lamington a better buying opportunity than it may have been in the past.

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