Lake Mundi · Suburb / Locality

Housing & Dwellings in Lake Mundi

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.

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📍 Lake Mundi, Suburb / Locality

Where Lake Mundi sits — Median rent (weekly)

$180
  • $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 Mundi — lower than 80% of areas.

Median rent (weekly) compared with the state and national average
Lake Mundi$180
3312, VIC $120
Victoria $370
Australia $375

Housing costs

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.

Owning & renting

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%).

How homes are owned or rented

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In Lake Mundi, Owned outright is the majority at 67%; Owned with a mortgage is next at 33%.

Types of homes

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.

  • 2016: 0.60
  • 2021: 0.70

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

Types of homes

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

Bedrooms per home

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In Lake Mundi, the largest group is 3 bedrooms at 42%, followed by 2 bedrooms (33%) and 4 bedrooms (25%).

Sources

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

More for Lake Mundi

Cite this page

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