Lal Lal Suburb Profile

Victoria 3352

Lal Lal has 347 properties. Over the last 5 years, Houses in Lal Lal have seen a 73.31% increase in median value, while Units have seen a -48.07% decrease. As at 31 May 2024:

• The median value for Houses in Lal Lal is $825,727 while the median value for Units is $292,790.

The size of Lal Lal is approximately 66.6 square kilometres. It has 1 park covering nearly 14.1% of total area. The population of Lal Lal in 2011 was 600 people. By 2016 the population was 470 showing a population decline of 21.7% in the area during that time. The predominant age group in Lal Lal is 50-59 years. Households in Lal Lal are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lal Lal work in a trades occupation. In 2011, 94.5% of the homes in Lal Lal were owner-occupied compared with 94.9% in 2016..