$1,400 ▼ -44.0%
Lower than 65% of suburb / locality areas.
- 2011: $2,500
- 2016: $1,639
- 2021: $1,400
Median monthly mortgage repayment for households with a mortgage.
The Lakes · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
Monthly home loan payments are significantly cheaper for people in The Lakes than in most other areas. With typical repayments sitting at $1,400, housing costs here are well below the state and national figures. This makes the area a more affordable place to live compared to the rest of the country.
Rents, mortgages and crowding.
The typical monthly home loan payment is $1,400, which is lower than most areas. This is well below the Western Australian figure of $1,842 and the national average of $1,863.
$1,400 ▼ -44.0%
Lower than 65% 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 88%, ahead of Owned with a mortgage (0%).
In The Lakes, Owned outright is the majority at 100%.
Houses, townhouses, apartments and bedrooms.
Homes here tend to be less crowded, with 0.70 people per bedroom. This is lower than most areas and sits a little below both the state and national figures of 0.80.
0.70 ▼ -41.7%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
In The Lakes, Separate house is the majority at 100%.
In The Lakes, 5 or more is the majority at 63%; 4 bedrooms is next at 38%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in The Lakes [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL51443/the-lakes/topic/housing-dwellings