The size of Lucky Bay is approximately 14.7 square kilometres. The population of Lucky Bay in 2011 was 299 people. By 2016 the population was 26 showing a population decline of 91.3% in the area during that time. The predominant age group in Lucky Bay is 70-79 years. Households in Lucky Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lucky Bay work in a managers occupation. In 2006, 22.6% of the homes in Lucky Bay were owner-occupied compared with 78.6% in 2011..
Lucky Bay has 37 properties. Over the last 5 years, Houses in Lucky Bay have seen a 65.85% increase in median value. As at 31 October 2024:
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