Lake Wendouree · Suburb / Locality

Housing & Dwellings in Lake Wendouree

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.

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📍 Lake Wendouree, Suburb / Locality

Where Lake Wendouree sits — Median rent (weekly)

$321 ▲ +33.8%
  • $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 Wendouree — higher than 63% of areas.

Median rent (weekly) compared with the state and national average
Lake Wendouree$321
3350, VIC $300
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $240
  • 2016: $265
  • 2021: $321

Median weekly rent paid by households renting their home.

$2,106 ▲ +21.5%

Higher than 77% of suburb / locality areas.

  • 2011: $1,733
  • 2016: $2,000
  • 2021: $2,106

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Lake Wendouree, $200–$349 is the majority at 53%; $350–$549 is next at 34%.

Monthly mortgage distribution

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Lake Wendouree splits fairly evenly between $3,000 or more (32%) and $1,800–$2,999 (28%), with $1,000–$1,799 at 24%.

Owning & renting

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.

  • 2011: 27.9%
  • 2016: 27.6%
  • 2021: 25.1%

Share of occupied private dwellings that are rented.

50.7% ▲ +10.2%

Higher than 76% of suburb / locality areas.

  • 2011: 46.0%
  • 2016: 47.8%
  • 2021: 50.7%

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

How homes are owned or rented

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In Lake Wendouree, Owned outright is the majority at 50%; Rented is next at 25%.

Types of homes

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.

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

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

79.1% ▼ -0.2%

Lower than 81% of suburb / locality areas.

  • 2011: 79.3%
  • 2016: 78.1%
  • 2021: 79.1%

Share of occupied private dwellings that are separate houses.

73.1% ▲ +7.1%

Lower than 66% of suburb / locality areas.

  • 2011: 68.2%
  • 2016: 71.7%
  • 2021: 73.1%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Lake Wendouree, Separate house is the majority at 79%; Townhouse / semi-detached is next at 19%.

Bedrooms per home

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In Lake Wendouree, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (26%) and 2 bedrooms (22%).

Sources

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

More for Lake Wendouree

Cite this page

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