Lakes Entrance · Statistical Area 2 (SA2)

Housing & Dwellings in Lakes Entrance

Where and how people live — the homes, how they are held, and what they cost.

More than half of all homes in Lakes Entrance are owned outright, a rate far above the national figure. This makes it one of the most secure areas for homeowners in the region, where housing costs remain well below the state and national averages.

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📍 Lakes Entrance, Statistical Area 2 (SA2)

Where Lakes Entrance sits — Median rent (weekly)

$270 ▲ +35.0%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Lakes Entrance — lower than 81% of areas.

Median rent (weekly) compared with the state and national average
Lakes Entrance$270
3909, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rents are $270 and monthly mortgage payments are $1,300, both of which are well below Victoria's figures. While mortgage payments have barely changed since 2011, rent has risen by $70 over that decade.

$270 ▲ +35.0%

Lower than 81% of statistical area 2 (sa2) areas.

  • 2011: $200
  • 2016: $225
  • 2021: $270

Median weekly rent paid by households renting their home.

$1,300 → 0.0%

Lower than 86% of statistical area 2 (sa2) areas.

  • 2011: $1,300
  • 2016: $1,300
  • 2021: $1,300

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Lakes Entrance, $200–$349 is the majority at 58%; Under $200 is next at 22%.

Monthly mortgage distribution

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In Lakes Entrance, the largest group is $1,000–$1,799 at 44%, followed by Under $1,000 (32%) and $1,800–$2,999 (18%).

Owning & renting

How homes are owned or rented.

Home ownership is very high here, with 50.6% of people owning their place outright, far above the 31% national average. Meanwhile, the share of households renting is much lower than most areas and has fallen since 2011.

20.7% ▼ -16.3%

Lower than 69% of statistical area 2 (sa2) areas.

  • 2011: 24.7%
  • 2016: 23.5%
  • 2021: 20.7%

Share of occupied private dwellings that are rented.

50.6% ▲ +9.7%

Higher than 96% of statistical area 2 (sa2) areas.

  • 2011: 46.2%
  • 2016: 46.1%
  • 2021: 50.6%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Lakes Entrance, Owned outright is the majority at 51%; Owned with a mortgage is next at 25%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Detached houses make up 88.2% of the market, which is far above the national figure of 72.3%. Most of these are large, with 75.2% having three or more bedrooms, yet there are fewer people per bedroom than in most other areas.

0.70 ▼ -36.4%

Lower than 99% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

88.2% ▲ +7.3%

Higher than 59% of statistical area 2 (sa2) areas.

  • 2011: 82.2%
  • 2016: 90.9%
  • 2021: 88.2%

Share of occupied private dwellings that are separate houses.

75.2% ▲ +2.8%

Lower than 62% of statistical area 2 (sa2) areas.

  • 2011: 73.2%
  • 2016: 73.8%
  • 2021: 75.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lakes Entrance, Separate house is the majority at 89%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Lakes Entrance, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (23%) and 2 bedrooms (18%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Lakes Entrance

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lakes Entrance [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/205021084/lakes-entrance/topic/housing-dwellings