Microburbs
Aerial view of Lake Wendouree, VIC

Aerial view

Imagery © Esri

The quick read on

Lake Wendouree

VIC 3350 · Ballarat

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

Median house
$988,000

latest suburb median

Median unit
$550,000

latest suburb median

Population
2,878

ABS 2021

Postcode
3350

Lake Wendouree, Victoria

Property market insights for Lake Wendouree

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

Median price trend for houses

Based on 62 sales in the preceding 12 months

$988,000

Up 19.0% over 12 months

$1.5m$1m$500k20212023202420252026
2 bed
$580k
3 bed
$840k
4 bed
$1.56m
5+ bed
$1.55m

Median rent trend for houses

Based on 30 rental listings in the preceding 12 months

$525 per week

Up 10.5% over 12 months

$550$500$450$40020212023202420252026

Market data updated October 2026.

The median house price in Lake Wendouree, VIC is currently $988,000, based on the latest 12 months of sales. Lake Wendouree has a 12-month growth rate of 19.0% for houses and 15.5% for units.

Two-bedroom houses have a median sale price of $580,000, Three-bedroom houses have a median sale price of $840,000, Four-bedroom houses have a median sale price of $1,560,000, Larger houses have a median sale price of $1,550,000 in Lake Wendouree.

If you're looking to lease, the median rent for houses in Lake Wendouree is $525 per week. The median house rent has increased 10.5% over the last 12 months.

The median price of apartments and units for sale in Lake Wendouree is $550,000, which has increased 15.5% since the same time last year. One-bedroom apartments and units have a median sale price of $525,000, Two-bedroom apartments and units have a median sale price of $500,000, Three-bedroom apartments and units have a median sale price of $700,000 in Lake Wendouree. The median rent for units and apartments in Lake Wendouree is $400 per week and has increased 6.7% over the last 12 months.

Crime and safety

Is Lake Wendouree safe?

The overall rate for Lake Wendouree is 7,976 offences per 100,000 residents — 96% above 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 Wendouree.

Overall crime rate

7,976

offences per 100,000 residents

96% aboveRest of Vic.

Lake WendoureeRest 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 Wendouree?

Lake Wendouree VIC 3350 is in Victoria, within Rest of Vic..

2,878 people call Lake Wendouree home, with an average of 2.2 people per household and a median household income of $1,953 a week.

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

Population
2,878
Median age
53 years
Median mortgage
$2,106 / month
2021 household rent
$321 / week
Above the benchmarkBelow the benchmarkIn lineRest of Vic. benchmark

Age profile

Share of residents in each age band.

Under 1513.8%Below
15–3416.1%Below
35–5422.7%Below
55–7430.3%Above
75 and over17.3%Above

Homes

Share of occupied private dwellings.

Separate houses79.2%Below
Townhouses18.8%Above
Apartments2.1%In line

Ownership

Share of homes with a stated ownership or rental status.

Owned outright51.8%Above
Paying a mortgage22.6%Below
Renting25.6%Above

Cars at home

Vehicles available to occupied households.

No car6.6%Above
One car37.3%Above
Two cars38.6%In line
Three or more17.2%Below

Getting to work

Selected ways residents worked or travelled on Census day.

Worked from home19.8%Above
Drove to work53.7%Below
Train, tram or bus0.8%In line
Walked or cycled7.8%Above

What stands out in Lake Wendouree

19.8% of workers in Lake Wendouree worked from home on Census day — noticeably more common than across Rest of Vic..

36.7% of people in Lake Wendouree described themselves as having no religion in the 2021 Census.

A closer look at the Census

Questions people ask about Lake Wendouree

Open any question for a plain-English reading of the public 2021 Census for Lake Wendouree VIC 3350.

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

13.8% of Lake Wendouree's residents were children under 15 in the 2021 Census. That is somewhat below the Rest of Vic. average.

754 family households lived in Lake Wendouree; 36.7% were couple families and 10.5% were one-parent families.

28.9% 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 Wendouree?The balance between younger adults, families and older residents changes how a suburb feels day to day.

Lake Wendouree had 2,878 residents at the 2021 Census.

14.9% of residents were aged 25 to 44.

47.6% 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 Wendouree?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.

Separate houses made up 79.2% of occupied private dwellings in Lake Wendouree.

Townhouses and other attached homes represented 18.8% of occupied private dwellings.

Flats and apartments accounted for 2.1% of occupied private dwellings.

All three shares use occupied private dwellings as the denominator.

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

51.8% of households with a stated tenure owned their home outright. That is well above the Rest of Vic. average.

22.6% were buying their home with a mortgage.

25.6% rented their home. That is close to the Rest of Vic. average.

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

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

The average household in Lake Wendouree had 2.2 people.

One-person households made up 31.8% of occupied homes. That is close to the Rest of Vic. average.

Two-person households represented 39.6%, while 17.7% had four or more usual residents.

Household size counts usual residents in occupied homes.

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

19.8% of workers worked from home on Census day. That is somewhat above the Rest of Vic. average.

53.7% drove a car as their only travel method. That is well below the Rest of Vic. average.

0.8% used only a train, tram or bus, while 7.8% walked or cycled.

Travel figures are a 2021 Census-day snapshot.

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

6.6% of occupied households had no motor vehicle available. That is close to the Rest of Vic. average.

One-car households formed 37.3% of the total.

55.8% of households had two or more vehicles.

Vehicle counts refer to occupied households, not individual residents.

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

58.1% were at the same address five years earlier, while 41.9% reported a different address.

12.3% of residents were born outside Australia. That is almost exactly typical for Rest of Vic..

Mobility figures cover residents who answered the relevant Census question.

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

89.7% of residents used only English at home.

5.1% used a language other than English at home.

0.8% spoke Mandarin at home, 0.3% spoke Cantonese and 0.1% spoke Hindi.

Home language is separate from English proficiency.

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

12.3% of Lake Wendouree's population was born outside Australia, while roughly 87.7% was born in Australia.

0.5% of residents were born in China.

1.0% were born in India, while Australian citizenship across the whole suburb stood at 91.1%.

Birthplace, citizenship and ancestry describe different parts of identity.

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

English ancestry accounted for 42.6% of ancestry responses in Lake Wendouree.

Australian ancestry made up 33.9% of responses.

Chinese ancestry represented 2.5% of responses.

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

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

35.6% of employed residents worked in professional occupations. That is about twice the Rest of Vic. rate.

Managers accounted for 19.8% of employed residents, while clerical and administrative workers made up 12.6%.

Health care and social assistance employed 22.3% of workers, and education and training employed 12.4%.

Occupation and industry figures describe employed residents of the suburb.

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

The labour-force participation rate was 53.5%, compared with 57.4% across Rest of Vic..

28.0% of residents aged 15 and over worked full time, while 20.0% worked part time.

Unemployment was 3.0%, compared with 4.1% across Rest of Vic..

Labour-force figures come from the 2021 Census.

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

53.6% reported no selected long-term health condition.

9.7% reported a long-term mental health condition, including depression or anxiety.

8.6% reported asthma, 12.0% arthritis and 4.1% diabetes excluding gestational diabetes.

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

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

33.7% of people in the qualifications table held a bachelor degree. That is well above the Rest of Vic. average.

Postgraduate degrees accounted for 14.1% of qualification responses.

Diploma-level qualifications represented 14.9%, while certificate-level qualifications represented 18.6%.

Qualification categories are reported separately and are not school ratings.

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

Median household income was $1,953 per week in the 2021 Census.

The median monthly mortgage repayment reported by local households was $2,106.

Occupied renting households reported a median rent of $321 per week.

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

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

Working from home was 19.8% in Lake Wendouree, compared with 15.1% across Rest of Vic..

Outright ownership was 51.8% locally and 40.9% across Rest of Vic.. That is well above the Rest of Vic. average.

Renting accounted for 25.6% in Lake Wendouree, 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 Wendouree

Is Lake Wendouree expensive?

The median house price is $988,000, while units and apartments sit at $550,000. Bedroom count, land and condition still create a wide range around those suburb medians.

Is Lake Wendouree good for families?

The Census counted 754 local families, and 13.8% 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 Wendouree?

Larger houses have a median around $1,550,000, 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 Wendouree

59 streets in Lake Wendouree

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

  • Alfred St North
  • Brawn Ave
  • Buckingham St
  • Burnbank Cl
  • Burnbank St
  • Cardigan St
  • Carlton St
  • Chevron Ct
  • Collins St
  • Colpin Ave
  • Cowan St
  • Crocker St
  • Dawsons Ave
  • Devon St
  • Dowling St
  • Drummond St North
  • Duncan St
  • Elliott St
Show all 59 streets
  • Exeter St
  • Fore St
  • Forest St
  • Gillies St North
  • Glendale Ct
  • Gnarr St
  • Gregory St
  • Grove St
  • Haddon St
  • Hamilton Ave
  • High St
  • Hotham St
  • Lake St
  • Lake Wendouree
  • Lexton St
  • Lindisfarne Cr
  • Macarthur St
  • Mair St
  • Malthouse Cl
  • Martin Ave
  • Mill St
  • Morrison St
  • Nursery Drive
  • Oddie St
  • Parade Ct
  • Parker St
  • Pleasant St North
  • Ripon Ave
  • Ripon St North
  • Service St
  • Silo Cl
  • Stafford Ct
  • St Aidans Dr
  • Sturt St
  • Tennis St
  • The Boulevarde
  • The Court
  • Victoria Ave
  • Webster St
  • Wendouree Pde
  • White Ave

Keep exploring

Is Lake Wendouree 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.