All About Louth Bay, Lower Eyre Peninsula, SA, 5607
Louth Bay, situated on the Lower Eyre Peninsula in South Australia, offers a unique and serene residential experience with a housing market that attracts both locals and newcomers seeking a peaceful coastal lifestyle. The area is known for its stunning natural beauty, featuring picturesque beaches and a laid-back atmosphere, which makes it an appealing destination for those looking to escape the hustle and bustle of city life. The housing market in Louth Bay presents a range of properties, from cozy beachside cottages to larger family homes, often at more affordable prices compared to urban centers. This affordability, coupled with the area's scenic charm, makes Louth Bay an attractive option for home buyers and investors alike who wish to enjoy a slower, more relaxed pace of life.
Living in Louth Bay comes with the opportunity to enjoy a tight-knit community where neighbors often know each other and community events are a regular occurrence. The lifestyle here includes activities such as fishing, boating, and exploring the nearby coastal and rural environments, all of which contribute to a high quality of life influenced by nature. Despite its tranquil settings, Louth Bay is conveniently located near the city of Port Lincoln, providing residents access to essential services, shopping, and entertainment options without having to sacrifice their tranquil surroundings. This balance of peaceful living with accessibility makes Louth Bay a desirable place to call home for families, retirees, and anyone in search of a coastal haven.
Household Makeup
| Median Weekly Rent | $255.00 |
| Median Monthly Mortgage | $1213.00 |
| Median Persons Per bed houseroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 50.00 |
| Average Income | $639.00 |
| Average Cars Per Dwelling | 2.13 |
| Average Properties Within 50M | 5 |
| Typical 1 bed house | |
| Typical 2 bed house | $432,000 |
| Typical 3 bed house | $589,000 |
| Typical 4 bed house | $868,000 |
Housing Stock
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Louth Bay Real Estate Market Outlook
Thinking about buying in Louth Bay? Now could not be a better time, with just 145 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $543,000 with prices in this suburb ranging from $245,000 to $1,379,000. Louth Bay is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
In Louth Bay 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. 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 Louth Bay 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 Louth Bay 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. Lower than average population density constrains growth in Louth Bay 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 Louth Bay 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 ValuationLocal Schools
None within suburb boundary
(While the above schools are located with the suburb of Louth Bay there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Louth Bay 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 | 0.5 | 15.1 | 30.6 | 30.1 | 85.9 | 5.4 | 26.3 |
| Feb | 0.8 | 15.0 | 29.3 | 34.2 | 87.0 | 5.1 | 23.3 |
| Mar | 0.4 | 13.5 | 26.8 | 38.0 | 89.4 | 5.0 | 19.0 |
| Apr | 1.0 | 10.3 | 23.8 | 40.5 | 92.6 | 4.1 | 14.5 |
| May | 1.4 | 7.9 | 19.3 | 49.2 | 94.9 | 3.8 | 10.9 |
| Jun | 2.1 | 6.2 | 16.3 | 56.1 | 96.6 | 3.8 | 8.9 |
| Jul | 2.3 | 5.5 | 15.6 | 61.6 | 98.5 | 4.2 | 9.6 |
| Aug | 1.5 | 4.8 | 16.6 | 58.6 | 99.2 | 3.9 | 12.4 |
| Sept | 1.3 | 6.7 | 20.1 | 50.3 | 98.7 | 4.5 | 16.9 |
| Oct | 0.7 | 7.8 | 24.3 | 36.6 | 95.0 | 4.5 | 21.9 |
| Nov | 0.5 | 10.1 | 26.5 | 30.8 | 92.6 | 5.0 | 24.0 |
| Dec | 0.5 | 12.6 | 28.8 | 29.4 | 88.4 | 5.0 | 27.5 |
source: Australian Government Bureau of Meteorology
General Points of Interest
Louth Bay Golf Course - Less than 2 KM
Nearby Suburbs
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