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Lameroo suburb profile

Lameroo is a charming rural town located in South Australia's Murray Mallee region, approximately 200km east of Adelaide. Known for its strong agricultural community, Lameroo offers a peaceful lifestyle with a close-knit community atmosphere. The town serves as a hub for surrounding farming areas, providing essential services and amenities, including a school, hospital, and various local businesses. Lameroo's natural beauty is highlighted by its proximity to conservation parks and walking trails, making it an appealing destination for nature enthusiasts. Its welcoming community and serene environment make Lameroo a delightful place to live and visit.

Lameroo property market performance

Lameroo's property market has remained static over the past 12 months, with no change in median house or unit values. The current median house and unit prices are both at $0, indicating a lack of recent sales data or market activity. Only 2 houses have been sold in the past 12 months, and no units have been sold, reflecting limited market transactions.

There is no available data on the median days on market for houses or units, suggesting minimal activity in the real estate sector. Additionally, the rental market has shown no movement, with average rents for both houses and units remaining at $0 over the past year, indicating a stagnant rental market in Lameroo.

HousesUnits
Median price
Past 3 months
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Change in value
Past 12 months
-32.3%N/A
Sold
Past 3 months
4N/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

5 year median price trend for houses and units

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Lameroo demographics

Lameroo, a small rural town in South Australia, offers a peaceful lifestyle with a strong sense of community. With a population of just 857, it is an ideal location for those seeking a quieter, more laid-back environment away from the hustle and bustle of city life. The median age of 45 suggests a mature community, with many residents likely enjoying the slower pace and close-knit atmosphere that Lameroo provides.

The town's family structure is predominantly made up of couple families, with 39.4% having children and 49.8% without. This indicates a balanced mix of young families and older couples who have chosen to settle in this serene setting. The presence of one-parent families is relatively low at 9.5%, while other family types make up a small fraction of the community.

In terms of property ownership, nearly half of the residents own their homes outright, reflecting a stable and established community. A further 25.9% own their homes with a mortgage, while 25.2% of the population are renters. This distribution suggests a strong sense of permanence among the residents, with many choosing to invest in the area long-term. The median total household income of $1364 per week aligns with the rural setting, where the cost of living is generally lower compared to urban areas.

Suburbs near Lameroo

Some popular suburbs near Lameroo include:

How does Lameroo compare to nearby suburbs?

  • House price growth: Property prices in nearby Karoonda have risen 91.4% more than in Lameroo over the past year.

Choose the right real estate agents in Lameroo

Currently, there are 4 real estate agents working in Lameroo—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 4 agents sold 100.0% of all properties in Lameroo over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Lameroo typically charge a commission of 2.5% to 3.13%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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