Lake Charm · Suburb / Locality

Housing & Dwellings in Lake Charm

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

Nearly 95% of the homes in Lake Charm are separate houses. This is a place where home ownership is very common and costs are remarkably low compared to the rest of the country.

Open map →
📍 Lake Charm, Suburb / Locality

Where Lake Charm sits — Median rent (weekly)

$188 ▲ +56.7%
  • $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 Charm — lower than 78% of areas.

Median rent (weekly) compared with the state and national average
Lake Charm$188
3581, VIC $188
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical costs are far below the state and national figures, with weekly rent at just $188 and monthly mortgage payments at $879.

$188 ▲ +56.7%

Lower than 78% of suburb / locality areas.

  • 2011: $120
  • 2016: $150
  • 2021: $188

Median weekly rent paid by households renting their home.

$879 ▼ -27.5%

Lower than 89% of suburb / locality areas.

  • 2011: $1,213
  • 2016: $1,279
  • 2021: $879

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

View on map →

In Lake Charm, Under $200 is the majority at 100%.

Owning & renting

How homes are owned or rented.

More than half of residents (51.9%) own their home outright, which is far above the Victorian average. Only 14.8% of households rent, a figure far below the national average.

14.8% ▼ -19.3%

Lower than 56% of suburb / locality areas.

  • 2011: 18.3%
  • 2016: 20.6%
  • 2021: 14.8%

Share of occupied private dwellings that are rented.

51.9% ▲ +13.0%

Higher than 79% of suburb / locality areas.

  • 2011: 45.9%
  • 2016: 55.6%
  • 2021: 51.9%

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

How homes are owned or rented

View on map →

In Lake Charm, Owned outright is the majority at 54%; Not stated is next at 17%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 94.4% of all dwellings, far above the national figure. Most homes are large, with 72.2% having three or more bedrooms.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.70
  • 2021: 0.80

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

94.4% ▼ -5.6%

Lower than 57% of suburb / locality areas.

  • 2011: 100.0%
  • 2016: 93.7%
  • 2021: 94.4%

Share of occupied private dwellings that are separate houses.

72.2% ▼ -14.3%

Lower than 68% of suburb / locality areas.

  • 2011: 84.3%
  • 2016: 65.1%
  • 2021: 72.2%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

View on map →

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

Bedrooms per home

View on map →

Lake Charm splits fairly evenly between 3 bedrooms (38%) and 4 bedrooms (36%), with 5 or more at 19%.

Sources

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

More for Lake Charm

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Charm [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21430/lake-charm/topic/housing-dwellings