The size of Lake Margarette is approximately 327.8 square kilometres. It has 1 park covering nearly 0.5% of total area. The population of Lake Margarette in 2011 was 164 people. By 2016 the population was 9 showing a population decline of 94.5% in the area during that time. The predominant age group in Lake Margarette is 20-29 years. Households in Lake Margarette are primarily single parents and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Lake Margarette work in a managers occupation. In 2011, 73.9% of the homes in Lake Margarette were owner-occupied compared with 110% in 2016..
Lake Margarette has 100 properties. As at 30 November 2024:
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