Lake Grace is a charming rural town situated in Western Australia, known for its vibrant community and stunning natural beauty. With wide-open spaces and a strong agricultural presence, Lake Grace offers a peaceful lifestyle with a close-knit community feel. This article highlights the best residential areas in Lake Grace, detailing their unique characteristics, available housing options, and average prices.
Table of Contents
Lake Grace Town Centre
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The Town Centre serves as the hub of Lake Grace, providing easy access to local amenities, services, and community activities. It’s perfect for those who prefer the convenience of being close to shops and schools.
Characteristics of the Lake Grace Town Centre
* Culture: Rich community events and local businesses
* Transportation: Well-connected roads, limited public transport options
* Services: Grocery stores, cafes, schools, and medical services
* Environment: Friendly and community-oriented
Housing Options in the Lake Grace Town Centre
Single-family homes, Townhouses, Units
Average Home Prices in the Lake Grace Town Centre
* Buying: $250,000 – $350,000
* Renting: $1,200 – $1,600/month
Lake Grace West
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Lake Grace West is a quiet residential area located on the outskirts of the town centre. It offers larger properties with more land, perfect for families and those seeking space and tranquillity.
Characteristics of the Lake Grace West
* Culture: Family-oriented and community-focused
* Transportation: Car essential, limited public transport
* Services: Basic amenities available; nearby access to town centre
* Environment: Peaceful and spacious
Housing Options in the Lake Grace West
Single-family homes, Larger blocks
Average Home Prices in the Lake Grace West
* Buying: $300,000 – $450,000
* Renting: $1,500 – $2,000/month
Lake Grace East
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Lake Grace East features wonderful rural views and is known for its agricultural surroundings. This suburb is ideal for those who appreciate a rural lifestyle while still being within reach of town amenities.
Characteristics of the Lake Grace East
* Culture: Agricultural lifestyle with a rural feel
* Transportation: Car recommended, limited public transport
* Services: Access to local farms and markets; basic amenities in town
* Environment: Rural and scenic
Housing Options in the Lake Grace East
Cottages, Farmhouses, Larger homes
Average Home Prices in the Lake Grace East
* Buying: $280,000 – $400,000
* Renting: $1,300 – $1,800/month
Lake Grace North
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Lake Grace North offers a mix of residential and agricultural properties. It is suitable for those who want land for hobby farming while living close to town services.
Characteristics of the Lake Grace North
* Culture: Hobby farming and community spirit
* Transportation: Car is essential, limited local transit
* Services: Nearby access to shopping and schools, agricultural suppliers
* Environment: Spacious and rural
Housing Options in the Lake Grace North
Farmhouses, Lifestyle properties
Average Home Prices in the Lake Grace North
* Buying: $310,000 – $500,000
* Renting: $1,400 – $2,000/month
Newdegate Street Area
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The Newdegate Street Area features a mixture of residential and semi-rural properties. It's well-suited for families and individuals seeking a balance between suburban life and rural charm.
Characteristics of the Newdegate Street Area
* Culture: Diverse community with family-friendly activities
* Transportation: Good road access; limited public transport
* Services: Proximity to parks, schools, and community centres
* Environment: Welcoming and family-oriented
Housing Options in the Newdegate Street Area
Modern homes, Duplexes
Average Home Prices in the Newdegate Street Area
* Buying: $320,000 – $420,000
* Renting: $1,500 – $1,900/month
Rural Living Zone
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Designed for those who want to embrace the rural lifestyle, the Rural Living Zone offers larger blocks of land for both agricultural and lifestyle pursuits, surrounded by picturesque scenery.
Characteristics of the Rural Living Zone
* Culture: Strong agricultural community, outdoor activities
* Transportation: Car essential; rural roads
* Services: Basic facilities; town amenities a short drive away
* Environment: Expansive and serene
Housing Options in the Rural Living Zone
Acreages, Custom-built homes
Average Home Prices in the Rural Living Zone
* Buying: $400,000 – $600,000
* Renting: $1,800 – $2,500/month
Frequently Asked Questions About the Best Residential Areas in Lake Grace:
The best residential areas in Lake Grace include Lake Grace Town Centre, Lake Grace West, Lake Grace East, Lake Grace North, Newdegate Street Area, and the Rural Living Zone.
Lake Grace Town Centre and the Newdegate Street Area are both considered family-friendly, with access to schools, parks, and community activities.
Lake Grace North and the Rural Living Zone offer larger properties suitable for farming and agricultural pursuits.
Average house prices in Lake Grace range from around $250,000 to $600,000 depending on the area and type of property.
Public transport options are limited in Lake Grace; a car is generally recommended for getting around.
Lake Grace offers various amenities including grocery stores, schools, medical services, and recreational facilities.
Lake Grace Town Centre is ideal for retirees due to its convenience and access to community services.
New developments can be found mainly in Lake Grace Town Centre and Newdegate Street Area, with modern homes available.
The lifestyle in Lake Grace is relaxed and community-oriented, with a strong focus on farming, nature, and outdoor activities.
Lake Grace has potential for capital growth, especially in popular areas like Lake Grace Town Centre, making it a reasonable investment for owner-occupiers.
Conclusion on the Best Residential Areas in Lake Grace:
Lake Grace is an exceptional place to live, offering a variety of residential areas that cater to different lifestyles and preferences. Whether you prefer the convenience of the Town Centre, the tranquility of Lake Grace West, or the rural vibes of Lake Grace East, there is a perfect spot for everyone. The community spirit, access to essential amenities, and beautiful surroundings make Lake Grace a desirable location for both families and individuals. With the ongoing developments and potential for capital growth, it's a promising choice for first-home buyers and investors alike.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.