5/464 Wendouree Parade

Lake Wendouree VIC 3350

The size of Lake Wendouree is approximately 4.6 square kilometres. It has 6 parks covering nearly 65.7% of total area. The population of Lake Wendouree in 2011 was 2,883 people. By 2016 the population was 2,892 showing a population growth of 0.3% in the area during that time. The predominant age group in Lake Wendouree is 50-59 years. Households in Lake Wendouree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Wendouree work in a professional occupation. In 2011, 68.5% of the homes in Lake Wendouree were owner-occupied compared with 70% in 2016.

Lake Wendouree has 1,573 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 30.87% increase in median value, while Units have seen a 28.20% increase. As at 31 August 2024:

• The median value for Houses in Lake Wendouree is $822,212 while the median value for Units is $454,974.
• Houses have a median rent of $420 while Units have a median rent of $400.