Suburb Profile
More Recent Sold in Lake Gardens
| Address | Sold Date | Price |
|---|---|---|
| 13 Taunton Place, Lake Gardens VIC | Mar 2024 | $572,000 |
| 3 Zelkova Place, Lake Gardens Vic | Mar 2024 | $475,000 |
| 6 Zelkova Place, Lake Gardens Vic | Feb 2024 | $485,000 |
| 54 Stirling Drive, Lake Gardens VIC | Jan 2024 | $770,000 |
| 17 St Glens Way, Lake Gardens VIC | Jan 2024 | $1,030,000 |
More Recent Rent in Lake Gardens
| Address | Rent Date | Price(per week) |
|---|---|---|
| 51 Stirling Drive, Lake Gardens VIC | Mar 2024 | $650 |
| 32 Limetree Way, Lake Gardens VIC | Mar 2024 | $475 |
| 17 Parbury Avenue, Lake Gardens VIC | Mar 2024 | $370 |
| 36 Lake Gardens Avenue, Lake Gardens VIC | Mar 2024 | $395 |
| 41 Stirling Drive, Lake Gardens VIC | Feb 2024 | $490 |
Rent Yield in Lake Gardens
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 3 | $607,800 | $400 | 3.42% | $595,000 | $400 | 3.50% | 13 |
| 4 | $921,000 | $532 | 3.00% | $795,000 | $490 | 3.21% | 10 |
| House | |||||||
| 3 | $595,000 | $420 | 3.67% | $595,000 | $420 | 3.67% | 3 |
| 4 | $1,038,333 | $553 | 2.77% | $1,000,000 | $490 | 2.55% | 6 |
| Townhouse | |||||||
| 3 | - | $430 | - | - | $430 | - | 1 |
| Unknown | |||||||
| 3 | $611,000 | $386 | 3.29% | $580,000 | $390 | 3.50% | 9 |
| 4 | $745,000 | $500 | 3.49% | $745,000 | $500 | 3.49% | 4 |
Schools in Lake Gardens
| School Name | School Sector | School Type |
|---|---|---|
| Ballarat Specialist School |
Crime Rate of Ballarat
| Crime Type | Rate of BALLARAT | Rate of VIC |
| Crime Against Property | 6,586 | 4,607 |
| Crime Against the Person | 1,470 | 940 |
| Drug Offences | 229 | 311 |
| Other Crime | 1,042 | 875 |
| Total | 9,327 | 6,733 |
Demographics of Lake Gardens
| PopulationSize | Lake Gardens | Melbourne |
| All People | 12603 | 4645103 |
| Country of Origin | Lake Gardens | Melbourne |
| Australian Born | 92% | 71% |
| Born Overseas - Top 5 | Lake Gardens | Melbourne |
| United Kingdom | 3% | 4% |
| Netherlands | 1% | 1% |
| New Zealand | 1% | 1% |
| Median household income | Lake Gardens | Melbourne |
| Weekly income | $783 | $1,333 |
| Age Statistics | Lake Gardens | Melbourne |
| 20 to 39 | 25% | 29% |
| 40 to 59 | 24% | 26% |
| 60+ | 23% | 17% |
| 5 to 19 | 22% | 21% |
| 0 to 4 | 6% | 6% |
| Family Statistics - Top 5 | Lake Gardens | Melbourne |
| Married | 48% | 52% |
| Never Married | 31% | 32% |
| Widowed | 9% | 6% |
| Divorced | 8% | 7% |
| Separated | 4% | 3% |
| Religion - Top 5 | Lake Gardens | Melbourne |
| Catholic | 28% | 32% |
| Anglican | 23% | 17% |
| No Religion | 19% | 20% |
| Uniting Church | 15% | 7% |
| Presbyterian and Reformed | 6% | 4% |
| Occupation - Top 5 | Lake Gardens | Melbourne |
| Intermediate Clerical/Sales/Service | 6% | 7% |
| Tradespersons and Related Workers | 5% | 6% |
| Professionals | 5% | 8% |
| Elementary Clerical/Sales/Service | 4% | 4% |
| Labourers and Related Workers | 4% | 4% |
| Education - Top 5 | Lake Gardens | Melbourne |
| Not Attending (Working) | 76% | 74% |
| Infants/Primary | 9% | 9% |
| Secondary Education | 9% | 8% |
| University or other Tertiary Institution | 3% | 4% |
| Technical or Further Education | 2% | 3% |
| Transport to Work - Top 5 | Lake Gardens | Melbourne |
| Car (driver) | 24% | 27% |
| Car (passenger) | 3% | 3% |
| Walked | 1% | 1% |
| Worked at home | 1% | 2% |
| Bicycle | 1% | 0% |
| Type of Dwelling - Top 3 | Lake Gardens | Melbourne |
| Separate house | 84% | 78% |
| Flat | 12% | 12% |
| Semi/Terrace | 1% | 6% |
| Nature of Occupancy - Top 3 | Lake Gardens | Melbourne |
| Fully Owned | 43% | 44% |
| Rented | 30% | 23% |
| Purchasing | 21% | 27% |
| Monthly Loan Repayment - Top 5 | Lake Gardens | Melbourne |
| $400-$599 | 27% | 18% |
| $600-$799 | 26% | 21% |
| $200-$399 | 17% | 10% |
Supply Demand History in Lake Gardens
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 15 | 617 |
| 2015 May | 15 | 608 |
| 2015 Jun | 11 | 365 |
| 2015 Jul | 8 | 399 |
| 2015 Aug | 8 | 458 |
| 2015 Sep | 7 | 385 |
| 2015 Oct | 9 | 425 |
| 2015 Nov | 14 | 703 |
| 2015 Dec | 16 | 459 |
| 2016 Jan | 13 | 577 |
| 2016 Feb | 12 | 584 |
| 2016 Mar | 9 | 397 |
| 2016 Apr | 7 | 317 |
Based on Australian Bureau of Statistics data
Lake Gardens, VIC 3355
(104.82 km to CBD)
- Median House Price: $780,000
- Median Unit Price: $437,500
Surrounding Suburbs
Selected Demographics of Lake Gardens
- 578 Number of House
- 28 Number of Unit
- 12603 Number of People
- 42 Median Age
- 2.6 Median Household Size
- $300 Weekly Rent
- $636 Weekly Individual Income
- $1,726 Weekly Family Income
- $1,402 Weekly Household Income
- $780,000 Median Asking Price
- $430 Median Rent
- 0.03% Rent Yield
- 35 Stock On Sale
- 0.44% Vacancy Rate
- 8 Average Supply
- 370 Average Demand
- 46.25 Supply Demand Ratio
Leading Agencies (Sale)
Hocking Stuart - Ballarat 27%
PRDnationwide - Ballarat 12%
Ballarat Real Estate - Ballarat 11%
Harcourts - Ballarat 8%
Buxton Ballarat - BALLARAT 8%
Ray White - Ballarat 7%
Ballarat Property Group - Ballarat 4%
Wilson Estate Agents Pty Ltd - Ballarat 4%
McGrath Ballarat - BALLARAT CENTRAL 2%
Blue Ribbon Ballarat - Ballarat 2%
Leading Agents (Rent)
| Agent Name | Percentage |
|---|---|
| Ray White - Ballarat | 24% |
| Gull & Company - Ballarat | 15% |
| Hocking Stuart - Ballarat | 15% |
| Harcourts - Ballarat | 10% |
| Ballarat Property Group - Ballarat | 8% |
| PRD Jens Gaunt - Ballarat | 8% |
| Wilson Estate Agents Pty Ltd - Ballarat | 4% |
| Ballarat Real Estate - Ballarat | 4% |
| Doepel Lilley & Taylor - Ballarat | 2% |
| gsre.com.au - Ballarat | 1% |
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