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Lake Charm, VIC 3581

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$715,000

list-price estimate

Median Unit

$125,000

list-price estimate

Gross Yield

-

1yr Growth

-

Investment snapshot for Lake Charm

Lake Charm has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Investment score breakdown

See exactly which signals drive Lake Charm - yield, growth, affordability, vacancy, livability, safety, and demographics.

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Lake Charm market and investor summary

Lake Charm sits in VIC, postcode 3581.

Houses also take time to sell, around 411 days on market, so plan for a slower exit if you ever need one.

Living in Lake Charm: people, income and schools

Lake Charm is home to around 147 people, a number that has held fairly steady over five years. At a median age of 55, it reads as an older, established demographic, and families account for 64% of households.

The typical household income runs to around $69,000 a year (about $1,320 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 5 for walkability out of 100.

Population
147
-2% over 5yr
Median age
55 years
Median household income
$69,000/yr
Households renting
15%
Family households
64%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
1
avg ICSEA 945
Unemployment
1.7%
Walk score
5/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Lake Charm

No properties currently listed in Lake Charm

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Frequently asked questions about Lake Charm

What should I check before investing in Lake Charm?

Lake Charm has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

How many people live in Lake Charm?

Lake Charm has a population of approximately 147 residents, with a median age of 55.

What schools are near Lake Charm?

There are 1 school within roughly 5km of Lake Charm. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Lake Charm's population growing?

The population of Lake Charm has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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