Question 1

Is Lancaster a nice place to live?

Accepted Answer

Lancaster is a small, quiet rural locality of about 398 people where broadacre farms, paddocks and a handful of family homes sit along tree-lined country roads. Life follows the seasons, with agriculture and outdoor work shaping daily routines and the surrounding landscape of native eucalypts and remnant bush. There is no substantial commercial centre in the suburb itself, so residents use nearby regional towns for shopping, schools and health services, while local community activities and volunteer groups provide much of the social calendar.

The community is weighted towards couple families, with a median age of 47 and a typical household income of $1,454 a week. Housing is dominated by farmhouses and rural residential blocks and is overwhelmingly owner-occupied, so Lancaster suits people after space, privacy and a straightforward country lifestyle. The locality also contains a named renewable-energy project, Lancaster Solar Farm, and otherwise currently has no major recorded transport, education, health or council facility projects specific to the suburb. Whether it suits you depends on how much you value rural living and access to services in nearby towns.

Question 2

Is it expensive to live in Lancaster?

Accepted Answer

There haven't been enough recent sales or rentals in Lancaster to publish reliable house or unit prices and rents. Without those figures, it's not possible to describe how expensive it is to live in Lancaster compared with local incomes as recorded at the most recent Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Lancaster a good place to invest?

Accepted Answer

There haven't been enough recent sales in Lancaster to publish reliable figures on how house or unit prices and rents moved over the past year. Without that information, it's not possible to describe how the suburb performed as an investment recently.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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