FOR SALE
$225,000

2 Railway Terrace
Lameroo SA 5302

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1ac
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Rural opportunity

This one-acre block in the rural township of Lameroo has just come on the market. It is zoned residential, so you are able to build a house, “subject to planning consent”
Lameroo is a town in the Murray Mallee region of South Australia. It is on the Mallee Highway and Pinnaroo railway line about 40 km west of the Victorian border, or 210 km east of Adelaide. It is primarily a service town for the surrounding rural areas, growing grain and sheep.
It is a thriving town, with most amenities and it is the gateway to the eastern states.
A great investment opportunity, or maybe to land bank.
Please call Andrew on 0416 165 545 today.
RLA 323567

Property Details for 2 Railway Tce, Lameroo

Building Type
Land
Land Size
1ac

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About Lameroo 5302

The size of Lameroo is approximately 1,497.2 square kilometres. It has 3 parks covering nearly 3% of total area. The population of Lameroo in 2011 was 846 people. By 2016 the population was 850 showing a population growth of 0.5% in the area during that time. The predominant age group in Lameroo is 50-59 years. Households in Lameroo are primarily childless couples and are likely to be repaying $800 - $999 per month on mortgage repayments. In general, people in Lameroo work in a managers occupation. In 2011, 72.4% of the homes in Lameroo were owner-occupied compared with 72% in 2016.

Lameroo has 861 properties. Over the last 5 years, Houses in Lameroo have seen a 59.53% increase in median value. As at 31 October 2024:

  • The median value for Houses in Lameroo is $210,672 while the median value for Units is $1,043,124.
There are currently 4 properties listed for sale, and no properties listed for rent in Lameroo on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Lameroo.

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Andrew Milne
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Future Realty SA
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