Suburb profile · ABS Census 2021
Varsity Lakes suburb profile
Varsity Lakes, QLD · Postcode 4227
This Varsity Lakes suburb profile summarises official Australian Bureau of Statistics Census 2021 data for Varsity Lakes, QLD (postcode 4227). 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 Varsity Lakes with nearby suburbs.
Varsity Lakes at a glance
Population
16,493
Median rent
$490/wk
Household income
$1,646/wk
Median age
36
Varsity Lakes 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
+16% over 10 years
Population
16,493
was 15,026 in 2016
+1,467 · +9.8%
Median rent
$490/wk
was $430/wk in 2016
+$60 · +14%
Household income
$1,646/wk
was $1,363/wk in 2016
+$283 · +20.8%
Median age
36
was 34 in 2016
+2 · +5.9%
Dig deeper: Varsity Lakes population growth · Varsity Lakes then and now
Varsity Lakes vs nearby & Greater Brisbane
Median Census 2021 figures for Varsity Lakes, nearby suburbs (8), and the Brisbane metro median (suburbs with 1,000+ people).
Rent
+16.7% vs area
- Varsity Lakes$490/wk
- Nearby$456.5/wk
- Brisbane$420/wk
Household income
-18.3% vs area
- Varsity Lakes$1,646/wk
- Nearby$1,723/wk
- Brisbane$2,015/wk
Median age
-2.7% vs area
- Varsity Lakes36
- Nearby42.5
- Brisbane37
Personal income
-8.8% vs area
- Varsity Lakes$789/wk
- Nearby$786.5/wk
- Brisbane$865/wk
Nearby uses the same postcode first, then larger suburbs in QLD. See Brisbane rankings.
Socio-economic profile
How Varsity Lakes compares to other Australian suburbs on income, education and occupation — from official ABS SEIFA 2021 data.
Varsity Lakes sits above average for socio-economic advantage compared with suburbs Australia-wide. It shows limited economic resources.
Relative disadvantage (IRSD)
Decile 51,012.9
Lower score / decile = more relative disadvantage
Advantage & disadvantage (IRSAD)
Decile 71,008.1
Higher score / decile = more relative advantage
Economic resources (IER)
Decile 3975.3
Access to economic resources (income, housing)
Education & occupation (IEO)
Decile 81,022
Education and occupational skill levels
Source: ABS SEIFA 2021. See methodology.
Varsity Lakes on the map
OpenStreetMap outline for Varsity Lakes, QLD.
Map data © OpenStreetMap contributors. Boundary matching is approximate.
Varsity Lakes people
- Population
- 16,493
- Median age
- 36
- Born overseas
- 33.8%
- Average household size
- 2.5
Total usual residents (Census 2021)
Median age of residents in years
Percentage born outside Australia
Average number of people per household
Varsity Lakes income
- Median household income
- $1,646/wk
- Median personal income
- $789/wk
Median total weekly household income
Median total weekly personal income
Varsity Lakes housing
- Median rent
- $490/wk
- Median mortgage repayment
- $1,842/mo
- Separate houses
- 40.6%
- Flats & apartments
- 22.9%
- Owned outright
- 19.9%
- Mortgaged
- 32%
- Rented
- 41.2%
- Unoccupied dwellings
- 4.8%
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
Varsity Lakes work
- Employment to population
- 63.1%
- Unemployment rate
- 4.9%
- Year 12 or above
- 65.1%
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 4227)
Compare Varsity Lakes with nearby suburbs
Varsity Lakes in numbers
Varsity Lakes had 16,493 residents at the 2021 Census, making it the 32nd most populous suburb or locality in QLD out of 3,110. The median age is 36, 10% below the typical QLD suburb. The average household has 2.5 people. 33.8% of residents were born overseas.
Among occupied homes, 19.9% own their home outright, 32% are paying a mortgage, 41.2% rent. Separate houses make up 40.6% of dwellings, with 22.9% in flats or apartments. Median rent was $490/wk, 40% above the typical QLD suburb.
Median household income was $1,646/wk, close to the typical QLD suburb. The unemployment rate on Census night was 4.9%. 65.1% of adults had completed Year 12 or above. On the ABS SEIFA index of relative socio-economic disadvantage it sits in decile 5 nationally (1 is most disadvantaged, 10 least).
Between the 2016 and 2021 Censuses the population grew 9.8% (from 15,026 to 16,493). Median rent moved from $430/wk to $490/wk (+14%).
Varsity Lakes suburb FAQs
- What is the median rent in Varsity Lakes, QLD?
- The median weekly rent in Varsity Lakes was $490/wk at the 2021 Census (ABS).
- How many people live in Varsity Lakes, QLD?
- Varsity Lakes had 16,493 residents at the 2021 Census, up 9.8% from 2016.
- What is the median household income in Varsity Lakes?
- Median household income in Varsity Lakes was $1,646/wk at the 2021 Census.
- Do most people rent or own in Varsity Lakes?
- 41.2% of occupied homes in Varsity Lakes were rented, 19.9% were owned outright and 32% were owned with a mortgage.
About this Varsity Lakes suburb profile
Figures are from the ABS Census of Population and Housing 2021 (General Community Profile) for the Suburbs and Localities boundary matching Varsity Lakes. 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 Brisbane