Thinking about buying in Lyrup? Now could not be a better time, with just 294 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $366,000 with prices in this suburb ranging from $73,000 to $809,000. The aproximate distance to the coast is 198 Km.
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In Lyrup there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Lyrup due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Lyrup leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Lyrup necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Lyrup the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
16 POMROY CR, LYRUP, SA, 5343 | 3 | 1 | 4 | $360,000 | |
49 BROWN ST, LYRUP, SA, 5343 | 4 | 1 | 4 | 292000 |
Riverland Special School
(While the above schools are located with the suburb of Lyrup there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.6 | 16.4 | 34.3 | 16.9 | 64.6 | 4.6 | 28.4 |
Feb | 0.8 | 16.1 | 32.5 | 21.9 | 70.7 | 4.3 | 24.1 |
Mar | 0.6 | 13.6 | 29 | 26.0 | 77.4 | 3.8 | 19.6 |
Apr | 0.8 | 9.8 | 24.3 | 33.3 | 82.3 | 3.2 | 15.6 |
May | 0.4 | 6.3 | 19.7 | 40.3 | 88.6 | 3.2 | 11.3 |
Jun | 0.4 | 4.0 | 16.8 | 46.5 | 92.5 | 3.1 | 9.7 |
Jul | 0.5 | 4.0 | 17 | 44.3 | 93.4 | 3.8 | 10.0 |
Aug | 0.6 | 4.9 | 18.5 | 36.4 | 88.9 | 4.2 | 12.6 |
Sept | 0.5 | 7.2 | 23.2 | 25.6 | 81.9 | 4.6 | 17.8 |
Oct | 1.0 | 9.6 | 25.0 | 25.8 | 82.3 | 4.5 | 21.9 |
Nov | 0.8 | 11.9 | 28.7 | 21.4 | 76.2 | 4.5 | 26.6 |
Dec | 1.1 | 14.7 | 31.2 | 19.7 | 71.3 | 4.7 | 28.8 |
source: Australian Government Bureau of Meteorology
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