Lalbert

Lalbert is a small suburb with a population of 138 residents. The majority of residents are aged between 45 to 64 years, with a growing trend of the older population. The suburb has a median household income slightly below average. Commuting primarily occurs by motor vehicle, with a notable percentage working from home. Lalbert offers a quiet lifestyle close to nature, suitable for those seeking a peaceful retreat. With a limited number of properties available, Lalbert may present opportunities for those interested in a tight-knit community. The high proportion of residents in managerial occupations suggests a stable and settled community. The affordability index indicates decent housing affordability for potential buyers. Lalbert's recent housing market performance shows mixed trends with a significant price increase over a 5-year period offset by a decline in the median house price over 3 years. Lalbert, VIC 3542, offers a tranquil lifestyle with a small population. A sense of community is prevalent, with residents mainly employed in managerial roles. The suburb provides an affordable housing market, although recent trends show varying growth patterns in property prices. Ideal for those looking for a quiet neighbourhood with potential investment opportunities for both homeowners and developers. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022