Get a property report and suburb profile for any property in Lakesland

Join the 2 million Australians* who use our services every year.

Geo Page

Lakesland suburb profile

Lakesland is a serene rural suburb located in the Macarthur region of New South Wales, offering a peaceful lifestyle amidst natural beauty. Known for its expansive landscapes and agricultural charm, Lakesland provides a tranquil escape from the hustle and bustle of city life. The suburb is characterized by its lush greenery, rolling hills, and a strong sense of community, making it an ideal location for those seeking a country lifestyle. While primarily residential and agricultural, Lakesland is within easy reach of nearby towns, providing access to essential amenities and services. Its picturesque setting and relaxed atmosphere make it a desirable destination for families and nature enthusiasts.

Lakesland property market performance

Lakesland's property market has shown no movement in terms of median prices or rents over the past 12 months, with both house and unit values remaining unchanged. Only one house has been sold in the last year, and no units have been sold, indicating limited market activity in the area. Additionally, there are no recorded median days on market or rental price changes for both houses and units, reflecting a static real estate environment in Lakesland.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
N/AN/A
Sold
Past 3 months
1N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Lakesland demographics

Lakesland, nestled in the picturesque region of New South Wales, offers a serene and family-friendly environment. With a modest population of 499, this suburb is characterized by its close-knit community and tranquil lifestyle. The median age of 41 suggests a mature population, with many residents likely enjoying the peaceful surroundings and the sense of community that comes with living in a smaller suburb.

The suburb's demographic profile reveals a strong presence of family units, with nearly half of the households being couple families with children, and a significant portion being couple families without children. This indicates that Lakesland is an attractive location for both growing families and those who prefer a quieter lifestyle without the hustle and bustle of larger urban areas.

Property ownership in Lakesland is predominantly characterized by stability, with a high percentage of homes owned outright or with a mortgage. This reflects a community that values long-term residence and investment in their homes. The low rental rate of 11.1% further underscores the suburb's appeal to those seeking permanent roots. With a median household income that is relatively high, residents of Lakesland enjoy a comfortable standard of living, making it an ideal place for those looking to escape the fast pace of city life while still maintaining a strong sense of community and security.

Lakesland infrastructure, key developments and investment opportunities

There are currently no widely reported major infrastructure or redevelopment projects specific to Lakesland that are likely to materially change the property market in the near term. As a small rural locality focused on larger lots, hobby farms and bushland retreats, the area’s appeal continues to centre on its low-density lifestyle and proximity to Nattai National Park, rather than new urban development.

Broader planning and infrastructure activity within Wollondilly Shire, including incremental upgrades to roads and community facilities, may gradually improve accessibility and services for Lakesland residents over time. However, at this stage there are no significant suburb-specific changes to transport, schools or commercial centres that would substantially alter demand patterns beyond the existing rural-residential buyer pool.

Lakesland rental market trends

The rental market in Lakesland has remained stable over the past year, with both median house and unit rents unchanged at $0 per week. This suggests limited rental activity or availability in the area, indicating an opportunity for potential development to meet future demand.

Suburbs near Lakesland

Some popular suburbs near Lakesland include:

Common questions about Lakesland

  • Is Lakesland a nice place to live?

    Lakesland is a delightful place to call home, offering a serene and family-friendly environment that is perfect for those seeking a peaceful lifestyle. The suburb is known for its expansive landscapes and agricultural charm, providing a tranquil escape from the hustle and bustle of city life. With its lush greenery and rolling hills, Lakesland is a haven for nature enthusiasts and families who appreciate the beauty of the countryside.

    Living in Lakesland means enjoying a close-knit community where families thrive. The suburb's strong sense of community is evident in the friendly interactions among residents, making it an ideal place for raising children. While Lakesland is primarily residential and agricultural, it is conveniently located within easy reach of nearby towns, ensuring access to essential amenities and services such as schools, shops, and healthcare facilities.

    Safety is generally not a concern in Lakesland, as it offers a secure environment for families to grow and prosper. However, living in this rural suburb does come with some trade-offs. The lack of major infrastructure or redevelopment projects means that residents may need to travel to nearby towns for more extensive shopping, dining, and entertainment options. Additionally, the peaceful lifestyle may not appeal to those seeking the vibrancy and convenience of urban living.

    Overall, Lakesland is a charming suburb that offers a unique blend of rural tranquility and community spirit. It is an excellent choice for families and individuals who value a slower pace of life, surrounded by natural beauty and a supportive community. While it may not have the bustling amenities of a city, its proximity to nature and the strong sense of belonging make Lakesland a truly nice place to live.

    Down Pointer
  • Is it expensive to live in Lakesland?

    Lakesland is a rural suburb in New South Wales, and living here presents a unique financial scenario. The median total household income in Lakesland is approximately $2,454 per week, which is slightly above the state average wage of $2,084 per week. This suggests that households in Lakesland generally earn a bit more than the average New South Wales resident.

    However, when it comes to property data, there is no available information on house or unit prices, nor on rental costs in Lakesland. This lack of data could mean that the property market is not as developed or active as in more urban areas, possibly leading to more affordable housing options. Yet, without specific figures, it's challenging to make a definitive comparison.

    Considering the slightly higher household income and the rural nature of Lakesland, living here might not be as expensive as in more urbanized parts of New South Wales. If you're thinking of living in Lakesland, it seems you might benefit from a balance of higher household income and potentially lower housing costs, although the precise affordability is unclear without specific property data.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Lakesland a good place to invest?

    Lakesland presents a unique investment opportunity, particularly for those who value stability and long-term potential. Over the past year, the suburb has experienced no change in median house and unit values, as well as rental prices. While this might initially seem unremarkable, it actually highlights Lakesland's resilience in a fluctuating market. This stability can be appealing for investors seeking a low-risk environment where property values are less susceptible to sudden drops.

    Moreover, Lakesland's charm lies in its peaceful, semi-rural setting, which attracts families and individuals looking for a quieter lifestyle away from the hustle and bustle of city life. This consistent demand for a tranquil living environment ensures that properties remain desirable, even if the market isn't experiencing rapid growth. For investors, this means a steady stream of potential tenants or buyers who appreciate the suburb's unique appeal.

    While Lakesland may not offer the fast-paced capital growth seen in some urban areas, its consistent performance and lifestyle appeal make it a solid choice for those looking to invest in a stable, long-term asset. The suburb's enduring charm and steady demand suggest that it could be a reliable addition to a diversified property portfolio.

    Down Pointer

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.