$180 —
Lower than 80% of suburb / locality areas.
Median weekly rent paid by households renting their home.
Lake Mundi · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Very low living costs define Lake Mundi, where the typical monthly mortgage is just $867. These figures are far below the national and state averages, making the area one of the most affordable places to live in the region.
All suburb / locality areas, 2021. The marker is Lake Mundi — lower than 80% of areas.
Rents, mortgages and crowding.
Typical weekly rents are far below the national figure, sitting at only $180. Mortgage payments are also much lower than most areas, coming in at $867 a month, which is nearly $1,000 less than the Victorian average.
$180 —
Lower than 80% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$867 —
Lower than 89% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
How homes are owned or rented.
The most common how homes are owned or rented is Owned outright at 67%, ahead of Owned with a mortgage (33%).
In Lake Mundi, Owned outright is the majority at 67%; Owned with a mortgage is next at 33%.
Houses, townhouses, apartments and bedrooms.
Homes here are less crowded than in most other areas, with a little fewer than one person per bedroom.
0.70 —
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In Lake Mundi, Separate house is the majority at 100%.
In Lake Mundi, the largest group is 3 bedrooms at 42%, followed by 2 bedrooms (33%) and 4 bedrooms (25%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Mundi [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21440/lake-mundi/topic/housing-dwellings