Northern Grampians Shire Council
Green Lake
Green Lake at a glance
Median house
$442,500
Median unit
$219,600
Walk score
0
Very car dependent
Population
4,596
Median age 44
The brief
What to know about Green Lake.
Green Lake (3401) sits in the Northern Grampians region of Victoria. The median house here is $442,500, well below the Victoria median of around $850K.
Green Lake has roughly 4,596 residents, with an established, older skew. Households are dominated by renters. Daily life is car-dependent: most residents drive to work, school and the shops.
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Day to day
What it’s like to live here.
Green Lake scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 2 Catholic.
Who lives here
Demographics.
The 2021 Census put Green Lake's population at 4,596, with a median age of 44. That sits as an established, older skew.
Population
4,596
Median age
44
Family households
–
Lone person
–
Houses change hands at $442,500 on a typical sale, well below the Victoria median. Units come in around $219,600, roughly 50% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $89,000. Prices are well below the Victoria median, which keeps Green Lake on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$442,500
+0.0% over the past year. Median unit price $219,600.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$200/wk
Weekly rent (unit)
$170/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$442,500
$219,600
4,596
Median age: 44
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For investors
Investment overview.
Gross rental yield on houses sits at 2.35% (median rent $200/wk against a $442,500 price tag). Units yield 4.03% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.35%
Based on $442,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.03%
Based on $219,600 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Green Lake.
Local schools for Green Lake
View the catchment for each school to find out more.
St Brigid's College
St Michael and John's Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Green Lake.
- What is the median house price in Green Lake?
- The median house price in Green Lake, VIC 3401 is $442,500. The median unit price is $219,600. Annual growth is +0.0%.
- What is the Green Lake postcode?
- Green Lake is in the 3401 postcode, in VIC, in the Northern Grampians Shire Council region.
- What is the average rent in Green Lake?
- The median weekly rent for houses is $200, for units it's $170.
- What schools are in Green Lake?
- There are 2 schools serving Green Lake on this page, including St Brigid's College, St Michael and John's Primary School.
- How walkable is Green Lake?
- Green Lake has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Green Lake?
- Green Lake is close to Bungalally, Drung, Riverside, Horsham West, Haven.
- What is the population of Green Lake?
- Green Lake has approximately 4,596 residents. The median age is 44.
For Sale
Green Lake
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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