Lake George · Suburb / Locality

Housing & Dwellings in Lake George

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.

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📍 Lake George, Suburb / Locality

Where Lake George sits — Median rent (weekly)

$388
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Lake George — higher than 79% of areas.

Median rent (weekly) compared with the state and national average
Lake George$388
2581, NSW $300
New South Wales $420
Australia $375

Housing costs

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.

  • 2016: $250
  • 2021: $388

Median weekly rent paid by households renting their home.

$3,040

Higher than 92% of suburb / locality areas.

  • 2016: $2,600
  • 2021: $3,040

Median monthly mortgage repayment for households with a mortgage.

Monthly mortgage distribution

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In Lake George, $3,000 or more is the majority at 71%; $1,800–$2,999 is next at 17%.

Owning & renting

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.

  • 2016: 28.6%
  • 2021: 19.0%

Share of occupied private dwellings that are rented.

26.2%

Lower than 84% of suburb / locality areas.

  • 2016: 28.6%
  • 2021: 26.2%

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

How homes are owned or rented

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In Lake George, Owned with a mortgage is the majority at 51%; Owned outright is next at 28%.

Types of homes

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.

  • 2016: 0.90
  • 2021: 0.70

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

100.0%

Higher than 99% of suburb / locality areas.

  • 2016: 100.0%
  • 2021: 100.0%

Share of occupied private dwellings that are separate houses.

69.0%

Lower than 74% of suburb / locality areas.

  • 2016: 89.3%
  • 2021: 69.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lake George, Separate house is the majority at 100%.

Bedrooms per home

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In Lake George, 4 bedrooms is the majority at 55%; 3 bedrooms is next at 21%.

Sources

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

More for Lake George

Cite this page

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