51 Lake Ridge Court

Lake Macdonald QLD 4563

The size of Lake Macdonald is approximately 26.5 square kilometres. It has 12 parks covering nearly 21.5% of total area. The population of Lake Macdonald in 2011 was 1,129 people. By 2016 the population was 1,358 showing a population growth of 20.3% in the area during that time. The predominant age group in Lake Macdonald is 60-69 years. Households in Lake Macdonald are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Macdonald work in a professional occupation. In 2011, 86.1% of the homes in Lake Macdonald were owner-occupied compared with 85.2% in 2016.

Lake Macdonald has 608 properties. Over the last 5 years, Houses in Lake Macdonald have seen a 83.78% increase in median value, while Units have seen a 208.59% increase. As at 31 October 2024:

• The median value for Houses in Lake Macdonald is $1,323,618 while the median value for Units is $691,147.
• Houses have a median rent of $813.