Lethbridge, a charming rural town in the Golden Plains Shire of Victoria, Australia, offers a unique blend of country living with the conveniences of modern life. The housing market here has been relatively stable, characterized by spacious properties and typically lower prices compared to the bustling metropolitan areas. This makes Lethbridge an attractive option for families and individuals looking to enjoy a quieter lifestyle with ample space. The town is known for its vast farmlands and picturesque landscapes, providing residents with the perfect setting for outdoor activities. Over the past few years, there has been a modest increase in demand for properties, driven by people seeking a balance between affordability and a tranquil environment. With its close proximity to larger cities like Geelong and Ballarat, the area offers a reasonable commute and access to broader employment opportunities.
Living in Lethbridge presents a relaxed and community-oriented lifestyle. The town is home to basic amenities such as local shops, cafes, and a primary school, with more comprehensive services available in nearby towns. The sense of community is strong, with numerous local events and activities that foster a welcoming atmosphere for newcomers and long-time residents alike. The relatively mild climate and open spaces are well-suited for outdoor enthusiasts, where activities such as hiking, cycling, and horseback riding are popular pursuits. Surrounded by natural beauty and a peaceful environment, Lethbridge provides a safe and inviting place for families and retirees to settle, enjoying the best of country living while still being connected to urban conveniences.
Median Weekly Rent | $335.50 |
Median Monthly Mortgage | $1809.50 |
Median Persons Per bed houseroom | 0.78 |
Average Household Size | 3.00 |
Average Age | 44.50 |
Average Income | $798.50 |
Average Cars Per Dwelling | 2.71 |
Average Properties Within 50M | 2 |
Typical 1 bed house | $886,000 |
Typical 2 bed house | $775,000 |
Typical 3 bed house | $878,000 |
Typical 4 bed house | $1,077,000 |
Typical 5 bed house | $924,000 |
Typical 6 bed+ house | $1,587,000 |
Housing Stock
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Thinking about buying in Lethbridge? Now could not be a better time, with 659 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $924,000 with prices in this suburb ranging from $188,000 to $1,987,000. The aproximate distance to the coast is 22 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. Incomes in Lethbridge are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lethbridge provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lethbridge 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 Lethbridge 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 Valuation72 Sutherland Street, Lethbridge, VIC, 3332 | 3 | 1 | 18 | $719,000-$759,000 |
Lethbridge Primary School
(While the above schools are located with the suburb of Lethbridge 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 | 1.1 | 12.7 | 27.4 | 35.0 | 90.8 | 3.7 | 26.1 |
Feb | 4.8 | 12.9 | 26.3 | 39.5 | 91.6 | 3.4 | 20.8 |
Mar | 1.2 | 11.6 | 23.9 | 42.2 | 91.2 | 3.4 | 15.9 |
Apr | 1.3 | 9.3 | 19.8 | 48.9 | 94.1 | 3.3 | 11.8 |
May | 1.1 | 7.5 | 16.0 | 57.5 | 93.9 | 3.8 | 8.9 |
Jun | 1.6 | 5.2 | 13.0 | 65.7 | 95.5 | 3.6 | 7.4 |
Jul | 1.4 | 5.4 | 12.4 | 62.4 | 92.0 | 4.5 | 7.6 |
Aug | 1.2 | 5.0 | 13.0 | 59.4 | 93.1 | 3.9 | 9.7 |
Sept | 1.6 | 6.6 | 16.2 | 53.4 | 94.9 | 4.0 | 14.2 |
Oct | 1.8 | 7.3 | 18.7 | 49.9 | 96.2 | 3.8 | 19.6 |
Nov | 1.6 | 8.9 | 21.5 | 44.6 | 95.0 | 3.5 | 22.4 |
Dec | 1.0 | 10.6 | 25.0 | 37.6 | 93.4 | 3.7 | 25.8 |
source: Australian Government Bureau of Meteorology
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