$388 —
Higher than 79% of suburb / locality areas.
- 2016: $250
- 2021: $388
Median weekly rent paid by households renting their home.
Lake George · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly mortgage payments of $3,040 are among the highest for similar areas in Lake George. This level of spending is far above the national figure, though the area is almost entirely made up of separate houses. It is a place where home ownership is common but mortgage costs are notably high.
All suburb / locality areas, 2021. The marker is Lake George — higher than 79% of areas.
| Lake George | $388 |
|---|---|
| 2581, NSW | $300 |
| New South Wales | $420 |
| Australia | $375 |
Rents, mortgages and crowding.
Monthly mortgage payments are well above the New South Wales figure by $873, with 85% of households paying $3,000 or more. Typical weekly rents are $388, which is about the same as the national figure.
$388 —
Higher than 79% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$3,040 —
Higher than 92% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lake George, $3,000 or more is the majority at 71%; $1,800–$2,999 is next at 17%.
How homes are owned or rented.
Home ownership is common, though the 26.2% who own their home outright is well below the Australian figure. Only 19% of households rent, which is far below the state and national levels.
19.0% —
Higher than 57% of suburb / locality areas.
Share of occupied private dwellings that are rented.
26.2% —
Lower than 84% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lake George, Owned with a mortgage is the majority at 51%; Owned outright is next at 28%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 100% of the dwellings here, far above the national figure of 72.3%. While 69% of homes have three or more bedrooms, there are fewer people per bedroom than in most other areas.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
100.0% —
Higher than 99% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
69.0% —
Lower than 74% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake George, Separate house is the majority at 100%.
In Lake George, 4 bedrooms is the majority at 55%; 3 bedrooms is next at 21%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake George [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL12254/lake-george/topic/housing-dwellings