$420 ▲ +31.3%
Higher than 86% of suburb / locality areas.
- 2011: $320
- 2016: $373
- 2021: $420
Median weekly rent paid by households renting their home.
Lake Macdonald · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A strong trend toward home ownership has shaped Lake Macdonald, where nearly half of all homes are owned outright. This makes it an area of high stability and significant equity compared to the rest of the state. Large, detached houses dominate the landscape, making it a place of spacious living for most residents.
All suburb / locality areas, 2021. The marker is Lake Macdonald — higher than 86% of areas.
| Lake Macdonald | $420 |
|---|---|
| 4563, QLD | $420 |
| Queensland | $365 |
| Australia | $375 |
Rents, mortgages and crowding.
Typical weekly rents are $420, which is much higher than most areas and a little above the national figure. Monthly mortgage payments usually sit around $1,733, a figure that is about the same as both the Queensland and Australian typicals.
$420 ▲ +31.3%
Higher than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,733 ▲ +9.5%
Higher than 57% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Lake Macdonald, $350–$549 is the majority at 60%; $200–$349 is next at 16%.
Lake Macdonald splits fairly evenly between $1,800–$2,999 (34%) and $1,000–$1,799 (31%), with Under $1,000 at 23%.
How homes are owned or rented.
Home ownership is very high here, with 46.7% of homes owned outright, far above the 31% national average. Meanwhile, only 10.3% of households rent, which is far below the figures for Queensland and Australia.
10.3% ▼ -21.0%
Lower than 73% of suburb / locality areas.
Share of occupied private dwellings that are rented.
46.7% ▲ +15.5%
Higher than 66% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Lake Macdonald, the largest group is Owned outright at 46%, followed by Owned with a mortgage (41%) and Rented (10%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 97.9% of the market, far above the national figure of 72.3%. These are typically large homes, with 87.9% having three or more bedrooms, a rate far above the state and national averages.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
97.9% ▼ -1.4%
Higher than 56% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
87.9% ▲ +0.7%
Higher than 73% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Lake Macdonald, Separate house is the majority at 98%; Flat or apartment is next at 1%.
In Lake Macdonald, the largest group is 3 bedrooms at 40%, followed by 4 bedrooms (34%) and 5 or more (15%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Lake Macdonald [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL31615/lake-macdonald/topic/housing-dwellings