Lake Gardens · Suburb / Locality

Housing & Dwellings in Lake Gardens

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

More than nine in ten homes in Lake Gardens are separate houses, making it a place dominated by large family-style living. While many residents enjoy the security of owning their homes outright, others face weekly rents and monthly mortgage payments that are higher than in most similar areas.

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📍 Lake Gardens, Suburb / Locality

Where Lake Gardens sits — Median rent (weekly)

$360 ▲ +20.0%
  • $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 Gardens — higher than 73% of areas.

Median rent (weekly) compared with the state and national average
Lake Gardens$360
3355, VIC $260
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical weekly rent is $360 and monthly mortgage payments are $1,733, both of which are higher than in most areas. However, these figures are about the same as the state and national figures.

$360 ▲ +20.0%

Higher than 73% of suburb / locality areas.

  • 2011: $300
  • 2016: $320
  • 2021: $360

Median weekly rent paid by households renting their home.

$1,733 ▲ +18.3%

Higher than 57% of suburb / locality areas.

  • 2011: $1,465
  • 2016: $1,610
  • 2021: $1,733

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Lake Gardens, $350–$549 is the majority at 59%; $200–$349 is next at 26%.

Monthly mortgage distribution

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Lake Gardens splits fairly evenly between $1,800–$2,999 (36%) and $1,000–$1,799 (31%), with Under $1,000 at 22%.

Owning & renting

How homes are owned or rented.

A high 49.2% of homes are owned outright, which is far above the figures for Victoria and Australia. Renting is also common, with 28.6% of households renting, a rate that is much higher than in most similar areas.

28.6% ▼ -1.2%

Higher than 76% of suburb / locality areas.

  • 2011: 29.0%
  • 2016: 29.1%
  • 2021: 28.6%

Share of occupied private dwellings that are rented.

49.2% ▲ +20.6%

Higher than 73% of suburb / locality areas.

  • 2011: 40.8%
  • 2016: 43.8%
  • 2021: 49.2%

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

How homes are owned or rented

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In Lake Gardens, the largest group is Owned outright at 49%, followed by Rented (28%) and Owned with a mortgage (21%).

Types of homes

Houses, townhouses, apartments and bedrooms.

The area is mostly made up of separate houses, with 92.0% of dwellings fitting this type. These homes are typically large, as 91.7% have three or more bedrooms, which is far above the state and national figures.

0.70 ▼ -30.0%

Lower than 86% of suburb / locality areas.

  • 2011: 1.00
  • 2016: 0.70
  • 2021: 0.70

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

92.0% ▼ -3.5%

Lower than 63% of suburb / locality areas.

  • 2011: 95.4%
  • 2016: 78.6%
  • 2021: 92.0%

Share of occupied private dwellings that are separate houses.

91.7% ▲ +0.4%

Higher than 82% of suburb / locality areas.

  • 2011: 91.3%
  • 2016: 91.4%
  • 2021: 91.7%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lake Gardens, Separate house is the majority at 93%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Lake Gardens, the largest group is 3 bedrooms at 48%, followed by 4 bedrooms (40%) and 5 or more (5%).

Sources

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

More for Lake Gardens

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Gardens [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21435/lake-gardens/topic/housing-dwellings