Lake Gardens, VIC 3355
City of BallaratAll suburbs in postcode 3355
Updated
Median house price
$601,500
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Lake Gardens?
Get the free selling guide, personalised to Lake Gardens, or ask for a free appraisal from a local agent.
Lake Gardens at a glance
- Median unit
- $198,720
- Population
- 1,801
- Median age 51
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Population: 2021 Census
House prices in Lake Gardens
Houses change hands at $601,500 on a typical sale, below the Victoria median. Units come in around $198,720, roughly 67% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $120,000. Prices are below the Victoria median, which keeps Lake Gardens on the radar for first-home buyers and right-sizers.
Free appraisal in Lake Gardens
What’s your home worth in Lake Gardens?
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What to know about Lake Gardens
Lake Gardens (3355) sits in the Ballarat region of Victoria. The median house here is $601,500, below the Victoria median of around $850K.
Lake Gardens has roughly 1,801 residents, with a retiree-heavy demographic. Households are mostly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Lake Gardens scores 12/100 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.
Summer days here average around 26°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 657 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 7 government primary, 2 government secondary, 7 Catholic, 2 independent.
Schools in Lake Gardens
Location
Walkability
- Walk
- 12/100
- Transit
- 40/100
- Bike
- 100/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Lake Gardens's population at 1,801, with a median age of 51. That sits as a retiree-heavy demographic. Households are mostly owner-occupied (70% own, 29% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (69% family households, 29% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 69%
- Lone person
- 29%
- Owner occupied
- 70%
- Renter occupied
- 29%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Crime and safety
176 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 657 mm
- Hottest month, avg max
- 25.9°C
- Coldest month, avg min
- 3.2°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Lake Gardens
- What is the median house price in Lake Gardens?
- The median house price in Lake Gardens, VIC 3355 is $601,500 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $198,720.
- How much is my house worth in Lake Gardens?
- A useful starting point is the Lake Gardens median house price of $601,500 (units $198,720). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- What is the Lake Gardens postcode?
- Lake Gardens is in the 3355 postcode, in VIC, in the City of Ballarat region.
- Where is Lake Gardens?
- Lake Gardens is a suburb in the City of Ballarat area, VIC 3355.
- What schools are in Lake Gardens?
- There are 20 schools serving Lake Gardens on this page, including Ballarat Specialist School, Ballarat High School, Wendouree Primary School.
- How walkable is Lake Gardens?
- Lake Gardens has a Walk Score of 12 out of 100, highly car-dependent. transit score 40, bike score 100.
- What suburbs are near Lake Gardens?
- Lake Gardens is close to Wendouree Village, Wendouree, Alfredton, Newington, Lake Wendouree.
- What is the population of Lake Gardens?
- The population of Lake Gardens is approximately 1,801 (2021 Census). The median age is 51.
Selling in Lake Gardens? Get the free selling guide
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.