$321 ▲ +33.8%
Higher than 63% of suburb / locality areas.
- 2011: $240
- 2016: $265
- 2021: $321
Median weekly rent paid by households renting their home.
Lake Wendouree · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
More than half of all homes in Lake Wendouree are owned outright, a figure far above the national average. This high level of home ownership defines the local market, even though typical mortgage payments are now much higher than in most other areas.
All suburb / locality areas, 2021. The marker is Lake Wendouree — higher than 63% of areas.
Rents, mortgages and crowding.
The typical monthly mortgage payment is $2,106, which is a little above the national figure. Rent is also higher than most areas, with the typical weekly rent sitting at $321, although this is a little below the Victorian average of $370.
$321 ▲ +33.8%
Higher than 63% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,106 ▲ +21.5%
Higher than 77% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lake Wendouree, $200–$349 is the majority at 53%; $350–$549 is next at 34%.
Lake Wendouree splits fairly evenly between $3,000 or more (32%) and $1,800–$2,999 (28%), with $1,000–$1,799 at 24%.
How homes are owned or rented.
Home ownership is very strong here, with 50.7% of homes owned outright—far above the 31% seen across Australia. Meanwhile, 25.1% of households rent, which is well below the national rate of 30.6%.
25.1% ▼ -10.1%
Higher than 72% of suburb / locality areas.
Share of occupied private dwellings that are rented.
50.7% ▲ +10.2%
Higher than 76% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lake Wendouree, Owned outright is the majority at 50%; Rented is next at 25%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 79.1% of the market, which is well above the national figure of 72.3%. While 73.1% of homes have three or more bedrooms, there are fewer people per bedroom here than in most other areas.
0.70 ▼ -30.0%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
79.1% ▼ -0.2%
Lower than 81% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
73.1% ▲ +7.1%
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake Wendouree, Separate house is the majority at 79%; Townhouse / semi-detached is next at 19%.
In Lake Wendouree, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (26%) and 2 bedrooms (22%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Wendouree [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21447/lake-wendouree/topic/housing-dwellings