7 Somerset Way

Lakelands WA 6180

The size of Lakelands is approximately 7.1 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Lakelands in 2011 was 2,922 people. By 2016 the population was 4,820 showing a population growth of 65.0% in the area during that time. The predominant age group in Lakelands is 0-9 years. Households in Lakelands are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakelands work in a trades occupation. In 2011, 71.8% of the homes in Lakelands were owner-occupied compared with 74.4% in 2016.

Lakelands has 3,834 properties. Over the last 5 years, Houses in Lakelands have seen a 105.51% increase in median value, while Units have seen a 36.77% increase. As at 30 November 2024:

• The median value for Houses in Lakelands is $704,797 while the median value for Units is $633,528.
• Houses have a median rent of $610.