VIC, 3350 - Ballarat

Thinking about buying in Lucas? Now could not be a better time, with 3231 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $702,000 with prices in this suburb ranging from $172,000 to $1,271,000.

Distance to the coast is 77 Km.

Household Makeup

Median Weekly Rent $383.75
Median Monthly Mortgage $1757.50
Median Persons Per Bedroom 0.78
Average Household Size 3.00
Average Age 31.25
Average Income $946.00
Average Cars Per Dwelling 1.90
Average Properties Within 50M 25

Average Property Prices

1 Bed $369,000
2 Bed $629,000
3 Bed $661,000
4 Bed $794,000
5 Bed $922,000

Lucas Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Lucas driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lucas are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lucas provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Lucas to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Lucas we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lucas a better buying opportunity than it may have been in the past.

Housing Stock

Houses for sale Lucas

Buxton 16 ELEANOR DR, LUCAS, VIC, 3350 Beds4 Bathrooms Parking 2 $699,000 - $739,000
Fletchers 1 MCNAMEE BVD, LUCAS, VIC, 3350 Beds Bathrooms For Sale $280,000 - $299,000
Harcourts 21 CARBERY WAY, LUCAS, VIC, 3350 Beds Bathrooms $365,000
Harcourts 5 MELLISH ST, LUCAS, VIC, 3350 Beds4 Bathrooms2 Parking 2 $800,000 - $840,000
PRD 47 MESSENGER PDE, LUCAS, VIC, 3350 Beds Bathrooms $270,000
PRD 27 CARBERY WAY, LUCAS, VIC, 3350 Beds Bathrooms $349,000
PRD 5 CARBERY WAY, LUCAS, VIC, 3350 Beds Bathrooms $299,000 - $319,000
PRD 63 WARBURTON DR, LUCAS, VIC, 3350 Beds3 Bathrooms2 Parking 2 $495,000 - $520,000
PRD 31 PATERSON ST, LUCAS, VIC, 3350 Beds Bathrooms $369,900
Ray White 19 WHATMAN ST, LUCAS, VIC, 3350 Beds4 Bathrooms2 Parking 2 635000
Ray White 13 OVERALL ST, LUCAS, VIC, 3350 Beds3 Bathrooms1 Parking 2 670000

Local Schools

Siena Catholic Primary School

St Thomas More School

Alfredton Primary School

(While the above schools are located with the suburb of Lucas there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lucas weather - Average Local Climate by month

Min (°C)
Max (°C)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

AlfredtonBunkers HillWinter ValleyCardiganLake GardensDelacombeNewingtonMitchell ParkSmythes CreekLake Wendouree

Public Transport

General Points of Interest

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