Real Estate Lucas, VIC, 3350 Ballarat

Thinking about buying in Lucas? Now could not be a better time, with a whopping 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.

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.

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

Housing Stock

Typical Property Prices

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

Houses for sale Lucas

Harcourts 5 MELLISH ST, LUCAS, VIC, 3350 4 2 2 $850,000 - $900,000
Harcourts 21 CARBERY WAY, LUCAS, VIC, 3350 $365,000
Harcourts 16 GITSHAM ST, LUCAS, VIC, 3350 3 2 2 $569,999

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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Max (%)
(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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