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Lake Rowan, VIC 3727
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$525,000
list-price estimate
Median Unit
-
Gross Yield
-
1yr Growth
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Investment snapshot for Lake Rowan
Lake Rowan has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lake Rowan market and investor summary
Lake Rowan sits in VIC, postcode 3727. At 16.6% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 16.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 104 days on market, so plan for a slower exit if you ever need one.
Living in Lake Rowan: people, income and schools
About 70 people live in Lake Rowan, a number that has held fairly steady over five years. At a median age of 50, it reads as an older, established demographic, and 100% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $63,000 a year (about $1,210 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10).
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 70
- +2% over 5yr
- Median age
- 50 years
- Median household income
- $63,000/yr
- Households renting
- 8%
- Family households
- 100%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.7%
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 Rowan
No properties currently listed in Lake Rowan
Search Lake Rowan listings →Frequently asked questions about Lake Rowan
What should I check before investing in Lake Rowan?
Lake Rowan 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 tight is the rental market in Lake Rowan?
The current vacancy rate in Lake Rowan is 16.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Lake Rowan?
Lake Rowan has a population of approximately 70 residents, with a median age of 50.
Is Lake Rowan's population growing?
The population of Lake Rowan has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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