Question 1

Is The Lagoon a nice place to live?

Accepted Answer

The Lagoon is a small rural locality whose everyday life is quietly country rather than suburban. Properties sit on rural-residential blocks and working paddocks framed by native eucalypts and winding local roads, with houses ranging from older farmhouses to more modern sheds and hobby properties. Residents tend to value space, privacy and easy access to outdoor pursuits, while shops, schools and services are found in nearby regional centres. For buyers after a low traffic, rural lifestyle within reach of town amenities, The Lagoon fits that description.

It is a community of 268 people with a median age of 39 and a median household income of $2,303 a week. Most homes are owner-occupied, with a combined owner-occupied share of 86.2% and renters at 13.8%, and families are weighted towards couple households. Ben Chifley Dam and its recreation areas lie in The Lagoon, with council-managed cabins, boat ramps, picnic areas and a primitive camping area. A community arts facility called the Bathurst Arts Residency has council approval, and council works on water treatment and dam pontoons are noted for the precinct.

Question 2

Is it expensive to live in The Lagoon?

Accepted Answer

In The Lagoon 2795 there haven't been enough recent sales or rentals to put reliable figures on what homes cost to buy or rent. Without those figures, there isn't a clear picture of how expensive it is to live in The Lagoon compared with the median household income 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 The Lagoon a good place to invest?

Accepted Answer

There hasn't been enough recent sales or rental data for The Lagoon (NSW 2795) to publish reliable 12-month changes in house and unit values and in rents. Because of that, there isn't a clear, data-backed picture of how the suburb performed as an investment over the past year.

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	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	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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