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Real Estate Market: Is Lance Creek VIC 3995 a Good Suburb to Buy Into?
Housing Market in Lance Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $558 | Bottom 46% |
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| Premium | Premium | Premium |
Housing Supply in Lance Creek
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% | Data for Jun 2025 | ||
| 2.1 | Bottom 47% | Data for Jul 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 1 | Top 38% |
|
Housing Stock Quality in Lance Creek
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% | Data for Jan 2021 | ||
| 2.8 | Top 23% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Lance Creek
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Top 47% | Data for Jun 2023 |
Risk in Lance Creek
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 60 | Top 6% | Data for Jun 2023 | ||
| 75 | Bottom 31% | Data for Jun 2023 | ||
| 70 | Bottom 21% | Data for Jun 2023 | ||
| 20.1% | Bottom 38% |
|
Housing Demand in Lance Creek
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 34000 | Top 2% |
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| 73700 | Top 42% |
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| Premium | Premium | Premium | ||
| 43000 | Top 29% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Lance Creek
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $307 | Bottom 14% | Data for Jul 2025 | ||
| Premium | Premium | Premium | ||
| 115.0% | Top 7% |
|
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Bass Coast |
Median House Sale Prices by Street (1)
| Street | Date | Median sale value |
|---|---|---|
| Korumburra-Wonthaggi Rd | 06 Dec 2025 | $790,000 |
Percent of Renters by Street (8)
| Percent of Renters | Street |
|---|---|
| 0.0% | Bird Rd |
| 0.0% | Lolands Rd |
| 0.0% | Perrett Rd |
| 0.0% | Kongwak Rd |
| 0.0% | Kookaburra Ln |
Turnover Rate by Street (6)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 57.1% | Lolands Rd | quite tightly held | Every 17.5 years (quite tightly held) | 2025 |
| 66.7% | Mccraws Rd | quite tightly held | Every 15.0 years (quite tightly held) | 2025 |
| 100.0% | Perrett Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 100.0% | Bird Rd | high turnover | Every 10.0 years (high turnover) | 2025 |
| 42.9% | Korumburra-Wonthaggi Rd | very tightly held | Every 23.3 years (very tightly held) | 2025 |
Recently Sold Houses (8)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 2280 Korumburra-wonthaggi Rd | Price Withheld | 3.0 | 1.0 | 6.0 | 05 Oct 2023 | 0 | On Market |
| 2280 Korumburra-wonthaggi Rd | $990,000 | 3.0 | 1.0 | 6.0 | 05 Oct 2023 | 0 | On Market |
| 59 Perrett Rd | $638,000 | 3.0 | 2.0 | 4.0 | 09 Apr 2019 | 0 | On Market |
| 59 Perrett Rd | $638,000 | 3.0 | 2.0 | 4.0 | 09 Apr 2019 | 0 | On Market |
| 1996 Korumburra-wonthaggi Rd | $585,000 | 3.0 | 2.0 | 0.0 | 04 May 2018 | 0 | On Market |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 2015 Korumburra-wonthaggi Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 08 Mar 2023 | On Market |
| 2015 Korumburra-wonthaggi Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 08 Mar 2023 | On Market |
| 2015 Korumburra-wonthaggi Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 08 Mar 2023 | On Market |
| 2015 Korumburra-wonthaggi Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 08 Mar 2023 | On Market |
| 2015 Korumburra-wonthaggi Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 08 Mar 2023 | On Market |
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Profiles
Nearby Suburbs