OFF MARKET

5/17 St Cedars Grove
Lake Gardens VIC 3355

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About Lake Gardens 3355

The size of Lake Gardens is approximately 1.2 square kilometres. It has 3 parks covering nearly 17.1% of total area. The population of Lake Gardens in 2011 was 1,665 people. By 2016 the population was 1,708 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Gardens is 10-19 years. Households in Lake Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Gardens work in a professional occupation. In 2011, 69.6% of the homes in Lake Gardens were owner-occupied compared with 68% in 2016.

Lake Gardens has 932 properties. Over the last 5 years, Houses in Lake Gardens have seen a 31.42% increase in median value, while Units have seen a 9.06% increase. As at 31 August 2024:

  • The median value for Houses in Lake Gardens is $813,009 while the median value for Units is $493,504.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 37 properties were sold in the past 12 months in Lake gardens.

Suburb Insights for Lake Gardens 3355

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.