Suburb of the Month - Lota

April 18, 2016

Lota on the Brisbane Bayside is located 17 kilometres from the Brisbane CBD.  Most of the land that comprises modern Lota was acquired in 1862 by sqatter and politician, William Duckett White.  The suburb name was taken after White's home called Lota House.  White was to acquire significant land holding including Beaudesert and areas of the modern Gold Coast hinterland.  
Lota census statistics!OpenDocument  indicates a suburb of just over 3200 people with a median age of 38 years and with clost to 75 percent of the population born in Australia. notes that the median house price for Lota is $602750 with demand for property, as measured by their site traffic, being double that of the average Queensland market.
The area is worth exploring, whether exploring or discovering the mangroves at the mouth of Lota Creek or discovering the seaside aspect of the suburb - it is an attractive Bayside suburb and worth a look.
Posted in: Property market

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