$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.
Lake Charm · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Lake Charm — lower than 78% of areas.
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.
Median weekly rent paid by households renting their home.
$879 ▼ -27.5%
Lower than 89% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lake Charm, Under $200 is the majority at 100%.
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.
Share of occupied private dwellings that are rented.
51.9% ▲ +13.0%
Higher than 79% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lake Charm, Owned outright is the majority at 54%; Not stated is next at 17%.
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.
Average number of usual residents per bedroom — a crowding measure.
94.4% ▼ -5.6%
Lower than 57% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
72.2% ▼ -14.3%
Lower than 68% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake Charm, Separate house is the majority at 100%.
Lake Charm splits fairly evenly between 3 bedrooms (38%) and 4 bedrooms (36%), with 5 or more at 19%.
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