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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
D
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
F
Affordability
1.0 / 5.0
$276,000 home value, $1,380/mo rent
Housing Overview
Median Home Value
$276,000
2% below
US avg: $281,900
Median Rent
$1,380/mo
19% above
US avg: $1,163/mo
Homeownership Rate
55.7%
15% below US avg (65.4%)
Total Housing Units
5,901
Ownership vs. Renting
55.7%
Owner-Occupied
44.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Complete Housing Data
Home Values
| Census Median Value | $276,000 |
Rent
| Census Median Rent | $1,380 |
Market
Ownership & Stock
| Owner-Occupied | 55.7% |
| Renter-Occupied | 44.3% |
| Homeownership Rate | 55.7% |
| Total Housing Units | 5,901 |