Thinking about buying in Lucindale? Now could not be a better time, with 678 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $295,000 with prices in this suburb ranging from $37,000 to $960,000. The aproximate distance to the coast is 36 Km.

Lucindale Real Estate Market Outlook

In Lucindale 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 Lucindale 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. Low average earnings from people in Lucindale leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. 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 Lucindale 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.

Houses for sale Lucindale

	9 banksia st, lucindale, sa, 5272	3	1	1	$200,000
	11 watson av, lucindale, sa, 5272	3	1	3	$300,000
	unit 2, 26 musgrave av, lucindale, sa, 5272				$320,000
	23 banksia st, lucindale, sa, 5272	3	1	2	$280,000 - $290,000
	lot 189 musgrave av, lucindale, sa, 5272				$45,000
	119 fairview rd, lucindale, sa, 5272				$450,000

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General Points of Interest

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