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Real Estate Market: Is Lake Wellington VIC 3851 a Good Suburb to Buy Into?
Housing Market in Lake Wellington
Sources: Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Housing Supply in Lake Wellington
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 92.3 | Top 1% | Data for Jul 2023 | ||
| Premium | Premium | Premium |
Housing Stock Quality in Lake Wellington
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.0 | Bottom 2% | Data for Jan 2021 | ||
| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Lake Wellington
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0.0 sq km | Bottom 43% | Data for Jun 2023 |
Risk in Lake Wellington
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 35 | Top 41% | Data for Jun 2023 | ||
| 79 | Top 49% | Data for Jun 2023 | ||
| 77 | Top 45% | Data for Jun 2023 |
Housing Demand in Lake Wellington
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN and Microburbs, 2006 - 2030
Sources: ABS, TORREN and Microburbs, 2006 - 2030
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 5760 | Bottom 18% |
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| 46000 | Bottom 30% |
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| 46000 | Top 28% |
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| Premium | Premium | Premium |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Wellington |
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Profiles
Nearby Suburbs