All About Peake, Coorong, SA, 5301
Peake, a small township nestled in the Coorong region of South Australia, offers a quaint and tranquil lifestyle. The housing market in Peake is characterized by its affordability and availability of larger land parcels. This makes it an attractive option for those seeking a more rural lifestyle away from the hustle and bustle of city living. Homes in this area often feature spacious gardens and are surrounded by vast expanses of farmland, emphasizing the serene and open atmosphere that many residents cherish. Despite its rural setting, Peake does provide basic amenities and retains close-knit community ties, contributing to a sense of comfort and camaraderie among its residents.
Living in Peake means embracing a slower pace of life, with nature at your doorstep and close proximity to the iconic Coorong National Park, renowned for its stunning wetlands and diverse bird species. Residents often engage in outdoor activities such as hiking, bird watching, and fishing, taking full advantage of the picturesque surroundings. The town’s small population ensures a peaceful environment, ideal for those looking to escape more populated areas. Although Peake is somewhat remote, its charm lies in the simplicity and natural beauty of rural life, offering a perfect setting for families or retirees who appreciate a quiet, community-oriented lifestyle.
Household Makeup
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Housing Stock
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Peake Real Estate Market Outlook
Thinking about buying in Peake? Now could not be a better time, with just 158 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $254,000 with prices in this suburb ranging from $160,000 to $294,000. The aproximate distance to the coast is 64 Km.
In Peake 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 Peake 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 Peake 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 Peake 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 Peake 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 ValuationProperties for sale Peake
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24 Stirling Well Road, Peake, SA, 5301 |  3 |
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Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Peake there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Peake 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 | 0.8 | 13.9 | 32.4 | 21.1 | 77.9 | 5.5 | 28.2 |
| Feb | 0.6 | 14.0 | 31.3 | 24.3 | 82.2 | 5.1 | 24.0 |
| Mar | 0.5 | 11.8 | 27.7 | 28.3 | 86.6 | 4.8 | 19.1 |
| Apr | 0.8 | 9.1 | 23.3 | 36.2 | 89.6 | 4.5 | 14.5 |
| May | 1 | 6.9 | 18.5 | 47 | 93.9 | 4.5 | 10.4 |
| Jun | 1.1 | 4.8 | 15.2 | 56 | 96.1 | 4.2 | 9.0 |
| Jul | 1.1 | 4.7 | 14.7 | 58.9 | 96.6 | 4.7 | 9.1 |
| Aug | 1.1 | 4.1 | 16.4 | 48.3 | 95.2 | 4.9 | 12.4 |
| Sept | 1.1 | 5.6 | 20.7 | 38.0 | 94.8 | 5.1 | 16.9 |
| Oct | 0.8 | 7.3 | 23.0 | 33.7 | 92.9 | 5.1 | 22.6 |
| Nov | 0.6 | 9.6 | 26.8 | 24.4 | 86.6 | 5.4 | 25.7 |
| Dec | 0.9 | 12.5 | 30.1 | 23.0 | 82.7 | 5.7 | 28.6 |
source: Australian Government Bureau of Meteorology
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