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Lake Gardens Property Investment Overview

Suburb research data for Lake Gardens, VIC 3355 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2021
Median House Price
$701,000
2025 data
Gross Rental Yield
2.7%
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Weekly Rent
$360
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Renter Demand
37%
of residents rent
Vacancy Rate
0.5%
Low — tight market
Population
1,801
Suburb residents
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📍 Suburb Overview

State VIC
Postcode 3355
Median house price $701,000
Median unit price —
Weekly rent (median) $360/wk (unlock cashflow model)
Gross yield 2.7% (unlock risk & score)
Renter % 36.8%
Vacancy rate 0.53%
Population 1,801
Median household income $79,768/yr
Owner-occupied 63.2%
Median age 51 yrs
Total dwellings 582

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 80

Lake Gardens shows above-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (0.5%) — tight rental market
⚠️ Rent data is from 2021 — may not reflect current market
⚠️ Higher reported crime (80 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 1
Primary 0
Secondary 0
Schools in Lake Gardens
Ballarat Specialist School Other · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Lake Gardens's 2.7% gross rental yield is in line with the VIC median of 2.5%, across 753 VIC suburbs with public data.

Similar suburbs in VIC by price range, ranked by yield:

Mornington, VIC
6.9% yield
$525,000
Mornington, VIC
6.5% yield
$558,000
Carrum, VIC
6.3% yield
$510,000
Dromana, VIC
6.3% yield
$492,000
Mulgrave, VIC
6.3% yield
$577,500
Scoresby, VIC
6.3% yield
$509,000
Compare with nearby Open comparison →
Best suburbs to invest in VIC View VIC shortlist →
Ballarat property market View ranking →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $701,000
Deposit (20%) $140,200
Loan (80% LVR) $560,800
Weekly rent $360/wk
Annual rent income $18,720/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Lake Gardens a good suburb to invest in?

Lake Gardens has an average renter proportion and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Lake Gardens?

The median house price in Lake Gardens is approximately $701,000 based on 2025 public data.

What is the rental yield in Lake Gardens?

The indicative gross rental yield in Lake Gardens is 2.7%, based on a median weekly rent of $360 against a median price of $701,000. This is general data only — actual yields vary by property, condition and market timing.

How does Lake Gardens compare to other suburbs?

Use the suburb comparison tool to compare Lake Gardens against other Australian suburbs by price, yield, vacancy and renter demand.

Is Lake Gardens a safe suburb?

Lake Gardens shows above-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 80 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Lake Gardens?

Lake Gardens has 1 known school, including Ballarat Specialist School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →