Lucas Suburb Profile
Victoria 3350

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Lucas has 3,316 properties. Over the last 5 years, Houses in Lucas have seen a 47.54% increase in median value, while Units have seen a 16.03% increase. As at 31 May 2024:

  • The median value for Houses in Lucas is $656,573 while the median value for Units is $422,682.
  • Houses have a median rent of $460.
There are currently 48 properties listed for sale, and 11 properties listed for rent in Lucas on OnTheHouse. According to CoreLogic's data, 191 properties were sold in the past 12 months in Lucas.

The size of Lucas is approximately 7.5 square kilometres. The population of Lucas in 2011 was 645 people. By 2016 the population was 998 showing a population growth of 54.7% in the area during that time. The predominant age group in Lucas is 20-29 years. Households in Lucas are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lucas work in a professional occupation. In 2011, 92.1% of the homes in Lucas were owner-occupied compared with 60.7% in 2016.

Suburb Insights for LUCAS 3350

Market Insights
Lucas Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Lucas Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 998

0-9

 

20%

10-19

 

11%

20-29

 

24%

30-39

 

20%

40-49

 

11%

50-59

 

5%

60-69

 

5%

70-79

 

2%

80-89

 

1%

Household Structure
Occupancy

Last Updated: 06/07/2024

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.