Suburb profile · ABS Census 2021
Lake Gardens suburb profile
Lake Gardens, VIC · Postcode 3355
This Lake Gardens suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Lake Gardens, VIC (postcode 3355). Use it as a free suburb report covering population, median rent, household income, age, housing tenure and employment, plus how those figures changed since Census 2016— then compare Lake Gardens with nearby suburbs.
Lake Gardens at a glance
Population
1,801
Median rent
$360/wk
Household income
$1,534/wk
Median age
51
Lake Gardens trends (2016 → 2021)
Change since the previous Census. Historical figures are mapped from State Suburbs (SSC) to today's suburb boundaries.
Population
Census 2011 → 2016 → 2021
+8.1% over 10 years
Population
1,801
was 1,695 in 2016
+106 · +6.3%
Median rent
$360/wk
was $320/wk in 2016
+$40 · +12.5%
Household income
$1,534/wk
was $1,503/wk in 2016
+$31 · +2.1%
Median age
51
was 46 in 2016
+5 · +10.9%
Dig deeper: Lake Gardens population growth · Lake Gardens then and now
Lake Gardens vs nearby & Greater Melbourne
Median Census 2021 figures for Lake Gardens, nearby suburbs (8), and the Melbourne metro median (suburbs with 1,000+ people).
Rent
-7.8% vs area
- Lake Gardens$360/wk
- Nearby$307.5/wk
- Melbourne$390.5/wk
Household income
-20.8% vs area
- Lake Gardens$1,534/wk
- Nearby$1,542/wk
- Melbourne$1,936.5/wk
Median age
+30.8% vs area
- Lake Gardens51
- Nearby38
- Melbourne39
Personal income
-9.5% vs area
- Lake Gardens$763/wk
- Nearby$741/wk
- Melbourne$843.5/wk
Nearby uses the same postcode first, then larger suburbs in VIC. See Melbourne rankings.
Socio-economic profile
How Lake Gardens compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Lake Gardens sits above average for socio-economic advantage compared with suburbs Australia-wide. It shows high education and occupation levels.
Relative disadvantage (IRSD)
Decile 81,051.4
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 81,037.9
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 41,004.5
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 91,057.1
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Lake Gardens on the map
OpenStreetMap outline for Lake Gardens, VIC.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Lake Gardens people
- Population
- 1,801
- Median age
- 51
- Born overseas
- 18.6%
- Average household size
- 2.3
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Lake Gardens income
- Median household income
- $1,534/wk
- Median personal income
- $763/wk
Median total weekly household income
Median total weekly personal income
Lake Gardens housing
- Median rent
- $360/wk
- Median mortgage repayment
- $1,733/mo
- Separate houses
- 86.2%
- Flats & apartments
- 0%
- Owned outright
- 46.1%
- Mortgaged
- 19.7%
- Rented
- 26.8%
- Unoccupied dwellings
- 6.6%
Median weekly rent for rented dwellings
Median monthly mortgage repayment
Percentage of dwellings that are separate houses
Percentage of dwellings that are flats or apartments
Percentage of dwellings owned without a mortgage
Percentage of dwellings with a mortgage
Percentage of dwellings rented
Percentage of private dwellings unoccupied on Census night
Lake Gardens work
- Employment to population
- 51.8%
- Unemployment rate
- 4.6%
- Year 12 or above
- 59.1%
Employed persons as a percentage of population aged 15+
Unemployed persons as a percentage of the labour force
Percentage with Year 12 or equivalent as highest school level
Nearby suburb profiles (near 3355)
Compare Lake Gardens with nearby suburbs
Lake Gardens in numbers
Lake Gardens had 1,801 residents at the 2021 Census. The median age is 51, 24% above the typical VIC suburb. The average household has 2.3 people. 18.6% of residents were born overseas.
Among occupied homes, 46.1% own their home outright, 19.7% are paying a mortgage, 26.8% rent. Separate houses make up 86.2% of dwellings, with 0% in flats or apartments. Median rent was $360/wk, 3% above the typical VIC suburb.
Median household income was $1,534/wk, 14% below the typical VIC suburb. The unemployment rate on Census night was 4.6%. 59.1% of adults had completed Year 12 or above. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 8 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 6.3% (from 1,695 to 1,801). Median rent moved from $320/wk to $360/wk (+12.5%).
Lake Gardens suburb FAQs
- What is the median rent in Lake Gardens, VIC?
- The median weekly rent in Lake Gardens was $360/wk at the 2021 Census (ABS).
- How many people live in Lake Gardens, VIC?
- Lake Gardens had 1,801 residents at the 2021 Census, up 6.3% from 2016.
- What is the median household income in Lake Gardens?
- Median household income in Lake Gardens was $1,534/wk at the 2021 Census.
- Do most people rent or own in Lake Gardens?
- 26.8% of occupied homes in Lake Gardens were rented, 46.1% were owned outright and 19.7% were owned with a mortgage.
About this Lake Gardens suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Lake Gardens. Where shown, 2016 values come from the 2016 State Suburbs (SSC) profile, linked via ABS geographic correspondence — boundaries are not always identical. Medians may be suppressed for very small areas. This is not financial or relocation advice — use it alongside current market data.
Source: ABS Census 2021. Methodology · Richest suburbs in Melbourne