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Aerial view of Lake Gardens, VIC

Aerial view

Imagery © Esri

The quick read on

Lake Gardens

VIC 3355 · Ballarat

What homes cost, how rents have moved, and a feel for the people who call it home.

Median house
$680,000

latest suburb median

Population
1,801

ABS 2021

Postcode
3355

Lake Gardens, Victoria

Property market insights for Lake Gardens

Median sale price and rental income of properties in Lake Gardens VIC

Median price trend for houses

Based on 43 sales in the preceding 12 months

$680,000

Down 3.0% over 12 months

$800k$700k$600k20212023202420252026
3 bed
$632k
4 bed
$788k

Median rent trend for houses

Based on 30 rental listings in the preceding 12 months

$475 per week

Up 2.8% over 12 months

$475$450$425$40020212023202420252026

Market data updated October 2026.

The median house price in Lake Gardens, VIC is currently $680,000, based on the latest 12 months of sales. Lake Gardens has a 12-month growth rate of -3.0% for houses.

Three-bedroom houses have a median sale price of $632,000, Four-bedroom houses have a median sale price of $788,000 in Lake Gardens.

If you're looking to lease, the median rent for houses in Lake Gardens is $475 per week. The median house rent has increased 2.8% over the last 12 months.

The median rent for units and apartments in Lake Gardens is $400 per week and has decreased 2.9% over the last 12 months.

Crime and safety

Is Lake Gardens safe?

The overall rate for Lake Gardens is 1,266 offences per 100,000 residents — 69% below the Rest of Vic. benchmark.

That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Lake Gardens.

Overall crime rate

1,266

offences per 100,000 residents

69% belowRest of Vic.

Lake GardensRest of Vic.: 4,070

Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.

The people behind the postcode

Who lives in Lake Gardens?

Lake Gardens VIC 3355 is in Victoria, within Rest of Vic..

1,801 people call Lake Gardens home, with an average of 2.3 people per household and a median household income of $1,534 a week.

Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.

Population
1,801
Median age
51 years
Median mortgage
$1,733 / month
2021 household rent
$360 / week
Above the benchmarkBelow the benchmarkIn lineRest of Vic. benchmark

Age profile

Share of residents in each age band.

Under 1513.4%Below
15–3420.3%Below
35–5422.9%Below
55–7428.7%Above
75 and over15.2%Above

Homes

Share of occupied private dwellings.

Separate houses92.3%Above
Townhouses7.2%In line
Apartments0.0%Below

Ownership

Share of homes with a stated ownership or rental status.

Owned outright49.8%Above
Paying a mortgage21.2%Below
Renting29.0%Above

Cars at home

Vehicles available to occupied households.

No car3.9%Below
One car41.7%Above
Two cars38.5%In line
Three or more17.0%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home21.4%Above
Drove to work57.3%Below
Train, tram or bus0.4%In line
Walked or cycled2.6%Below

What stands out in Lake Gardens

21.4% of workers in Lake Gardens worked from home on Census day — noticeably more common than across Rest of Vic..

4.0% of Lake Gardens residents were born in China, about twice the rate across Rest of Vic..

36.8% of people in Lake Gardens described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Lake Gardens

Open any question for a plain-English reading of the public 2021 Census for Lake Gardens VIC 3355.

Is Lake Gardens family-friendly?Age, family structure and household size describe the community families would be joining.

13.4% of Lake Gardens's residents were children under 15 in the 2021 Census. That is somewhat below the Rest of Vic. average.

520 family households lived in Lake Gardens; 37.9% were couple families and 14.0% were one-parent families.

29.4% of local families included children under 15. That is somewhat below the Rest of Vic. average.

These are suburb-wide household figures, not school or childcare ratings.

What is the age profile of Lake Gardens?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Lake Gardens had 1,801 residents at the 2021 Census.

15.9% of residents were aged 25 to 44.

43.9% were 55 or older. That is well above the Rest of Vic. average.

Age shares use the suburb’s total Census population.

What kind of homes are in Lake Gardens?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 92.3% of occupied private dwellings in Lake Gardens.

Townhouses and other attached homes represented 7.2% of occupied private dwellings.

Flats and apartments accounted for 0.0% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

Do people own or rent in Lake Gardens?Tenure shows how many households own outright, have a mortgage or rent.

49.8% of households with a stated tenure owned their home outright. That is well above the Rest of Vic. average.

21.2% were buying their home with a mortgage.

29.0% rented their home. That is somewhat above the Rest of Vic. average.

Tenure shares include households that stated one of these three arrangements.

How large are households in Lake Gardens?Household-size data shows the mix behind the suburb-wide average.

The average household in Lake Gardens had 2.3 people.

One-person households made up 28.9% of occupied homes. That is almost exactly typical for Rest of Vic..

Two-person households represented 37.6%, while 17.6% had four or more usual residents.

Household size counts usual residents in occupied homes.

How do people get to work in Lake Gardens?Census-day travel shows the balance between home, road, public transport and active travel.

21.4% of workers worked from home on Census day. That is well above the Rest of Vic. average.

57.3% drove a car as their only travel method. That is somewhat below the Rest of Vic. average.

0.4% used only a train, tram or bus, while 2.6% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

How many cars do households have in Lake Gardens?Vehicle availability helps describe the routines local households can support.

3.9% of occupied households had no motor vehicle available. That is close to the Rest of Vic. average.

One-car households formed 41.7% of the total.

55.4% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

Who's moving to Lake Gardens, and who stays?Address history shows how settled or recently mobile residents were at the Census date.

55.0% were at the same address five years earlier, while 45.0% reported a different address.

18.6% of residents were born outside Australia. That is well above the Rest of Vic. average.

Mobility figures cover residents who answered the relevant Census question.

What languages are spoken in Lake Gardens?Language at home gives a direct view of the community’s everyday linguistic mix.

84.1% of residents used only English at home.

12.9% used a language other than English at home.

5.1% spoke Mandarin at home, 0.8% spoke Cantonese and 0.6% spoke Hindi.

Home language is separate from English proficiency.

Where were Lake Gardens residents born?Birthplace adds another layer to the local story, separate from ancestry and language.

18.6% of Lake Gardens's population was born outside Australia, while roughly 81.4% was born in Australia.

4.0% of residents were born in China.

1.7% were born in India, while Australian citizenship across the whole suburb stood at 90.2%.

Birthplace, citizenship and ancestry describe different parts of identity.

What ancestries shape Lake Gardens?Ancestry responses show how residents describe family and cultural background.

English ancestry accounted for 39.5% of ancestry responses in Lake Gardens.

Australian ancestry made up 33.1% of responses.

Chinese ancestry represented 7.0% of responses.

People may nominate more than one ancestry, so these are shares of responses.

What work do people do in Lake Gardens?Occupation describes a person’s role; industry describes the sector employing them.

30.6% of employed residents worked in professional occupations. That is well above the Rest of Vic. average.

Managers accounted for 14.9% of employed residents, while clerical and administrative workers made up 13.0%.

Health care and social assistance employed 18.8% of workers, and education and training employed 12.0%.

Occupation and industry figures describe employed residents of the suburb.

How active is the workforce in Lake Gardens?Participation, employment pattern and unemployment describe the resident labour force.

The labour-force participation rate was 54.3%, compared with 57.4% across Rest of Vic..

29.8% of residents aged 15 and over worked full time, while 18.5% worked part time.

Unemployment was 4.5%, compared with 4.1% across Rest of Vic..

Labour-force figures come from the 2021 Census.

What does the health profile of Lake Gardens show?Selected long-term health conditions help describe community service needs.

54.6% reported no selected long-term health condition.

9.2% reported a long-term mental health condition, including depression or anxiety.

9.6% reported asthma, 11.8% arthritis and 4.8% diabetes excluding gestational diabetes.

These are self-reported suburb-wide Census figures, not address-level health risks.

How educated is Lake Gardens?Qualifications describe the study pathways represented among local residents.

29.8% of people in the qualifications table held a bachelor degree. That is well above the Rest of Vic. average.

Postgraduate degrees accounted for 13.1% of qualification responses.

Diploma-level qualifications represented 17.7%, while certificate-level qualifications represented 22.4%.

Qualification categories are reported separately and are not school ratings.

What do incomes and housing costs look like in Lake Gardens?Census income and household payments give historical context for local living costs.

Median household income was $1,534 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $1,733.

Occupied renting households reported a median rent of $360 per week.

These household figures are from 2021; current sale and asking-rent medians appear in the market section.

How does Lake Gardens compare with Rest of Vic.?A few clear differences place the suburb in its wider metropolitan context.

Working from home was 21.4% in Lake Gardens, compared with 15.1% across Rest of Vic..

Outright ownership was 49.8% locally and 40.9% across Rest of Vic.. That is well above the Rest of Vic. average.

Renting accounted for 29.0% in Lake Gardens, against 24.5% across Rest of Vic..

Capital-region comparisons use the same Census definitions and year.

Three useful questions

A buyer’s quick guide to Lake Gardens

Is Lake Gardens expensive?

The median house price is $680,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Lake Gardens good for families?

The Census counted 520 local families, and 13.4% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.

What can I get for $1.5m in Lake Gardens?

4-bedroom houses have a median around $788,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.

Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.

Explore the area

Streets and suburbs around Lake Gardens

34 streets in Lake Gardens

Street-by-street reports are not published yet. The streets below are the ones this suburb covers.

  • Ayrvale Ave
  • Charles Anderson Gr
  • Cinnamon Dr
  • Connifer Ln
  • Elmstone Ln
  • Elstead
  • Faversham Ave
  • Garden Ct
  • Gillies St North
  • Gregory St West
  • Kunuwarra Place
  • Lake Gardens Ave
  • Liliane Pl
  • Limetree
  • Mcphie Pl
  • Norfolk Ave
  • Parbury Ave
  • Scarlet Dr
Show all 34 streets
  • Somerset Ave
  • St Andrews Pl
  • St Cedars Gr
  • St Chester Ave
  • St Clare Ave
  • St Glens
  • St Helens Ave
  • Stirling Dr
  • St Johns Wood
  • St Michaels Pl
  • St Robbins Ave
  • St Swindons Ave
  • Sturt St
  • Taunton Pl
  • Twyford Ave
  • Zelkova Pl

Keep exploring

Is Lake Gardens right for your search?

Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.

Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.