Lake Bunga · Suburb / Locality

Housing & Dwellings in Lake Bunga

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

More than half of all homes in Lake Bunga are owned outright, which is far above the national figure. This is a sparsely populated area where housing is generally more affordable than in most of the country. Most people live in large, detached houses with plenty of space.

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📍 Lake Bunga, Suburb / Locality

Where Lake Bunga sits — Median rent (weekly)

$280 ▲ +12.0%
  • $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 Bunga — higher than 50% of areas.

Median rent (weekly) compared with the state and national average
Lake Bunga$280
3909, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Housing costs are well below the state and national figures, with the typical monthly mortgage payment of $1,483 being $380 lower than the Australian average. Typical weekly rent is also much lower at $280.

$280 ▲ +12.0%

Higher than 50% of suburb / locality areas.

  • 2011: $250
  • 2016: $215
  • 2021: $280

Median weekly rent paid by households renting their home.

$1,483 ▲ +8.6%

Lower than 59% of suburb / locality areas.

  • 2011: $1,365
  • 2016: $1,517
  • 2021: $1,483

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Lake Bunga, $200–$349 is the majority at 68%; $350–$549 is next at 32%.

Monthly mortgage distribution

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In Lake Bunga, the largest group is $1,000–$1,799 at 36%, followed by $1,800–$2,999 (29%) and Under $1,000 (26%).

Owning & renting

How homes are owned or rented.

Ownership is very common here, as 51.8% of homes are owned outright, which is far above the 31% national average. Only 14% of households rent, a figure far below both Victoria and Australia.

14.0% ▼ -27.2%

Lower than 58% of suburb / locality areas.

  • 2011: 19.3%
  • 2016: 13.7%
  • 2021: 14.0%

Share of occupied private dwellings that are rented.

51.8% ▲ +16.3%

Higher than 79% of suburb / locality areas.

  • 2011: 44.6%
  • 2016: 54.8%
  • 2021: 51.8%

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

How homes are owned or rented

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In Lake Bunga, Owned outright is the majority at 51%; Owned with a mortgage is next at 33%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Large homes are the norm, with 86.6% of dwellings having three or more bedrooms. Separate houses make up 88.4% of all homes, far above the national figure of 72.3%.

0.70 ▼ -36.4%

Lower than 86% of suburb / locality areas.

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

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

88.4% ▼ -4.1%

Lower than 72% of suburb / locality areas.

  • 2011: 92.2%
  • 2016: 94.4%
  • 2021: 88.4%

Share of occupied private dwellings that are separate houses.

86.6% ▲ +1.4%

Higher than 69% of suburb / locality areas.

  • 2011: 85.4%
  • 2016: 87.9%
  • 2021: 86.6%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lake Bunga, Separate house is the majority at 87%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Lake Bunga, the largest group is 3 bedrooms at 46%, followed by 4 bedrooms (37%) and 2 bedrooms (13%).

Sources

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

More for Lake Bunga

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Bunga [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21429/lake-bunga/topic/housing-dwellings