Varsity Lakes, Australia

Full City Profile

1.9 /5.0

D Poor

14,753 Population 24/sq mi density

16 ft Elevation 5 meters

69°F Avg Temperature 21°C

Overall

1.9 / 5.0

Below average overall score based on economy, affordability, safety and education

C+

Economy

2.8 / 5.0

$26,668 median income, 4.9% unemployment

Affordability

1.0 / 5.0

$276,000 home value, $1,380/mo rent

Varsity Lakes, Australia

At a Glance

Median Income

$26,668

65% below

$26,668 per capita

Home Value

$276,000

2% below

Median Rent

$1,380/mo

19% above

Unemployment

4.9%

36% above

Avg Temperature

69°F

344 sunny days/yr

Is Varsity Lakes a Good Place to Live?

1.9 / 5.0 — Poor

Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Varsity Lakes residents earn a median household income of $26,668 , which is 65% below the national average of $75,149. Per capita income is $26,668. The unemployment rate stands at 4.9% (36% above the U.S. rate of 3.6%). The area is home to 1,402 business establishments.

Housing & Cost of Living

The median home value in Varsity Lakes is $276,000 , 2% below the national median of $281,900. Median rent is $1,380/month.

Climate & Weather

Varsity Lakes has an average annual temperature of 69°F (21°C). Winters average 75°F in January while summers reach 62°F in July. The area gets 344 sunny days per year. Annual precipitation totals 31.4 inches.

Data Overview

People

Population14,753

Median Age36.0 yrs

Density24/mi²

Foreign Born33.8%

Economy

C+

Median Income$26,668

Per Capita$26,668

Unemployment4.9%

Poverty

Avg Weekly Wage$513

Housing

Home Value$276,000

Rent$1,380

Ownership55.7%

Housing Units5,901

Climate

Avg Temp69°F

Sunny Days344/yr

Rain31.4 in/yr

Elevation16 ft

Did You Know?

33.8% of residents are foreign-born.