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All About Meningie, Coorong, SA, 5264

Meningie, a picturesque town located in the Coorong region of South Australia, offers a unique blend of tranquility and community living, which is reflected in its housing market. The area is characterized by its scenic beauty, with Lake Albert providing a stunning backdrop and ample opportunities for outdoor activities such as fishing, boating, and birdwatching. The housing market in Meningie has traditionally been quite affordable compared to larger urban areas, attracting both retirees and families seeking a more relaxed lifestyle. Properties range from cozy cottages to more modern family homes, with some offering expansive views of the lake. As real estate trends gradually shift, there has been a modest increase in demand, possibly driven by the broader trend of buyers seeking regional areas that offer lifestyle advantages and more space, especially in the wake of the increasing feasibility of remote work.

Living in Meningie is a delightful experience for those who appreciate a slower pace of life and a close-knit community atmosphere. The town boasts essential amenities, including local shops, schools, and healthcare facilities, ensuring residents have access to necessities without the hustle and bustle of bigger cities. Community events and local gatherings are common, fostering a sense of camaraderie among inhabitants. Moreover, the natural surroundings contribute significantly to the quality of life, offering residents the privilege of enjoying beautiful landscapes right at their doorstep. The laid-back lifestyle, in combination with the town's unique charm and welcoming environment, makes Meningie a desirable location for individuals and families looking to break away from the intensity of urban living while still retaining access to essential services and community connections.

Household Makeup

Median Weekly Rent $210.00
Median Monthly Mortgage $1007.50
Median Persons Per bed houseroom 0.65
Average Household Size 2.00
Average Age 53.50
Average Income $589.00
Average Cars Per Dwelling 1.77
Average Properties Within 50M 7
Typical 1 bed house$264,000
Typical 2 bed house$388,000
Typical 3 bed house$411,000
Typical 4 bed house$631,000
Typical 5 bed house$311,000
Typical 6 bed+ house$306,000

Housing Stock

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Meningie Real Estate Market Outlook

Thinking about buying in Meningie? Now could not be a better time, with 1356 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $326,000 with prices in this suburb ranging from $45,000 to $3,115,000. Meningie is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Meningie 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 Meningie 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 Meningie 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. Lower than average population density constrains growth in Meningie 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 Meningie 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 Valuation

Local Schools

Meningie Area School

(While the above schools are located with the suburb of Meningie there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Meningie 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
Jan0.614.828.332.981.05.026.6
Feb0.814.727.137.183.64.621.9
Mar0.713.125.238.685.14.217.9
Apr1.011.222.640.185.63.913.2
May1.69.318.548.986.64.19.7
Jun1.87.315.756.488.74.08.8
Jul2.26.915.354.787.64.69
Aug1.76.616.050.287.44.611.9
Sept1.67.619.043.287.74.616.0
Oct1.09.322.039.086.74.520.8
Nov0.711.324.832.683.04.824.3
Dec0.813.627.233.082.14.926.3

source: Australian Government Bureau of Meteorology




General Points of Interest


Nearby Suburbs

WarrengieLake AlbertCamp CoorongWaltowaMeningie WestAshvillePoltallochMeningie EastNarrungMalinong

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