OFF MARKET

91-101 Railway Terrace
Lameroo SA 5302

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 12500m2
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Property Details for 91-101 Railway Tce, Lameroo

Building Type
Land
Land Size
12500m2
Local Government
Southern Mallee

Last Listing description (August 2018)

Expressions of Interest Close: Monday 9th July 2018
Located just over 700 metres from the town centre, this property sits on approx. 1.25 ha (3 acres). It is a great opportunity to build your dream home with plenty of land to spare or the potential to subdivide each allotment (subject to council approval) or you may to prefer to use as is.
These allotments are currently off grid, however services are close and support the neighbouring properties.

Lots 101 is zoned Rural Living, Lots 91-100 zoned Residential. All lots are contained on the one title being CT 5922/980.
Lameroo is a country town located in the Murray Mallee region of South Australia and is the main service centre for the surrounding farming community. It is on the Mallee Highway and about 40 km west of the Victorian border, or 210 km east of Adelaide.
Services to the town include; Lameroo Regional School (R-12), District Health Centre, 18 hole golf course, Community Hotel, Sports Club and Ngarkat Conservation Park.

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Property History for 91-101 Railway Tce, Lameroo, SA 5302

A timeline of how this property has performed in the market
Last Sold
16 Aug 2018
  • 16 Aug 2018
    Sold
  • 31 May 2018
    Listed for Sale $5,000

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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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