City of Ballarat
Lake Gardens
Lake Gardens at a glance
Median house
$601,500
Median unit
$198,720
Walk score
12
Very car dependent
Population
1,801
Median age 51
About
Welcome to Lake Gardens.
Lake Gardens is a suburb in Victoria.
Side by side
Compare Lake Gardens with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$601,500
+0.0% over the past year. Median unit price $198,720.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$260/wk
Weekly rent (unit)
$360/wk
Owner occupied
70%
Renter occupied
29%
At a deeper level
$601,500
$198,720
1,801
Median age: 51
Free appraisal
What’s your home worth in Lake Gardens?
A local agent who actually sells in Lake Gardens will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Get property alerts for Lake Gardens
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.25%
Based on $601,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20269.42%
Based on $198,720 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 · May 202670%
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.
Who lives here
Demographics.
Population
1,801
Median age
51
Family households
69%
Lone person
29%
Demographics data as of May 2026· ABS 2021 Census
Safety
Crime and safety.
138
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
12
40
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Lake Gardens.
Local schools for Lake Gardens
View the catchment for each school to find out more.
Government School Catchment
Ballarat Specialist School
Ballarat High School
Wendouree Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
23.2°C
Coldest Month (avg min)
7.3°C
Monthly Rainfall (mm)
Weather data from BOM station Ballarat Aerodrome (13 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Lake Gardens.
- What is the median house price in Lake Gardens?
- The median house price in Lake Gardens, VIC 3355 is $601,500. The median unit price is $198,720. Annual growth is +0.0%.
- What is the Lake Gardens postcode?
- Lake Gardens is in the 3355 postcode, in VIC, in the City of Ballarat region.
- What is the average rent in Lake Gardens?
- The median weekly rent for houses is $260, for units it's $360.
- 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?
- Lake Gardens has approximately 1,801 residents. The median age is 51.
For Sale
Lake Gardens
Guides
Side by side
Compare Lake Gardens vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
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 →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Want a real human to help with Lake Gardens?
If you’ve looked at the numbers and want someone to talk it through, whether that’s an agent, broker, accountant or conveyancer, we’ll find the right person for your situation. Free, no commitment.
Get connected