Question 1

Is Meningie a nice place to live?

Accepted Answer

Meningie sits on the shores of Lake Albert in the Coorong region, a small lakeside service town shaped by big skies, wetlands and birdlife. Day-to-day life centres on a modest main street, community facilities and local services, while the jetty and boat ramps make boating, fishing and birdwatching regular pastimes. Housing ranges from older weatherboard cottages and family homes to holiday shacks, and the town attracts farming families, retirees and people after a quieter coastal rural lifestyle.

The community has 1,118 residents and a median age of 55. Median total household income is $1,022 a week, roughly $53,144 a year.

Family life is dominated by couple households: couple families without children are the largest group at 58.4%, while couple families with children account for 28.3%. Together they make up 86.7% of families. One-parent families represent 12.2% and other families 1.0%.

Homes in Meningie are mostly owner-occupied: 49.2% are owned outright and 24.5% are owned with a mortgage, a combined 73.7%, while 26.4% are rented. Owner-occupiers outnumber renters by roughly three to one.

Question 2

Is it expensive to live in Meningie?

Accepted Answer

There haven't been enough recent sales or rentals in Meningie to publish reliable house or unit prices or rents. Without current price or rent figures it isn't possible to describe how expensive it is to live there compared with local household incomes 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 Meningie a good place to invest?

Accepted Answer

House values in Meningie fell 3.6% over the past 12 months, a modest decline in the capital value of houses. That is the figure to consider if you are focused on capital growth; there isn't enough recent data to report movements for other parts of the market. Whether that single change fits your investment aims depends on your own goals and circumstances.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	-3.6%	N/A
Sold Past 3 months	3	N/A
Median days on market Past 12 months	87	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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