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The Lakes, WA 6556

Property data updated July 202620 residents

Last 12 months snapshot

1 sale · 0 leases · Small sample · Refreshed July 2026

The Lakes, WA 6556 — a quiet year

The Lakes, WA 6556 recorded one house sold in the last 12 months — too little to read a wider market from.

The most recent Census still shows who lives in The Lakes; that profile sits below.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

The Lakes demographics & population

Population

Median age

56yrs

Avg household

2.9people

Male · Female

55% · 45%

Owner-occupied

Renting

Couples, no kids

Lone person

Born overseas

Year 12+ⓘ

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

The full The Lakes report

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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby

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Census · ABS 2021

Who lives in The Lakes?

The age structure, household make-up, and cultural fabric of the people who call this suburb home.

Age & sex17 residentsMaleFemale

Share of all residents by 5-year band · hover a band for the count + split

Life stage

50%

Children0–1450%Youth15–2450%Young adults25–3450%Midlife35–5450%Mature55–6450%Seniors65+50%

Household composition

100%

Lone person50%Couples, no kids100%Families with kids50%Other families50%Group / share50%

2.1 people / household0.5 persons / bedroom50% are 5+ person

Household sizepersons per dwelling

50%1

50%2

50%3

50%4

50%5

50%6+

Cultural make-upshare of residents · diversity = odds two differ

Born overseas50%

Other language at home50%

Limited English50%

Both parents overseas50%

Australian citizens50%

Birthplace diversity20%

Chance two random residents were born in different countries

Language diversity0%

Chance two random residents speak different languages at home

Religious diversity57%

Chance two random residents follow different religions

Where residents were borntop birthplaces

Afghanistan50%

Australia50%

Bangladesh50%

Bosnia & Herzegovina50%

Brazil50%

Cambodia50%

Canada50%

Chile50%

Languages at hometop languages

English only50%

Afrikaans50%

Arabic50%

Australian Indigenous50%

Cantonese50%

Mandarin50%

Other Chinese50%

Croatian50%

Ancestry% reporting · multi-response

Australian50%

Aboriginal/Torres Strait Islander50%

Chinese50%

Croatian50%

Dutch50%

English50%

Faith & belieftap Christianity

No religion50%

Christianity50%

Islam50%

Buddhism50%

Hinduism50%

Judaism50%

Other religions50%

Family originsparents’ birthplace

50%

Both parents overseas50%One parent overseas50%Both parents in Australia50%

A strongly multicultural community with deep migrant heritage.

When migrants arrivedshare of overseas-born

Arrival timeline not available yet.

Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.

Census · ABS 2021

Housing & affordability in The Lakes

What it costs to live here, who owns versus rents, and the shape of the housing stock.

Affordability at a glance

LowMedianHighPercentile

Median weekly rent—

Median monthly mortgage—

Rent stress (rent ÷ income)—

Mortgage stress (repay ÷ income)—

Social housing—

Unoccupied on census night—

Large dwellings (4+ bed)—

This suburb Typical range (middle 50%) Median suburb

Bedrooms per dwellingshare of dwellings

50%0

50%1

50%2

50%3

50%4

50%5

50%6+

Who owns vs rentsoccupied dwellings

50%

Owned outright50%Mortgage50%Renting50%Other50%

What’s built heredwelling types

50%

House50%Townhouse50%Apartment50%Other50%

50% separate houses50% apartments50% high-rise

Census · ABS 2021

Income & employment in The Lakes

Incomes, employment, and the occupation mix of the people who live here.

Income & work at a glance

LowMedianHighPercentile

Median personal income—

Median family income—

Managers & professionals—

High earners (≥$2k/wk)—

This suburb Typical range (middle 50%) Median suburb

Occupations

LowMedianHighPercentile

Managers & professionals—

Clerical & admin—

Community & personal service—

Sales workers—

Technicians, trades & labourers—

Household incomeheight = share of households · weekly

Personal incomeheight = share of residents 15+ · weekly

A typical household pulls in about 1.8× the typical individual — a multi-earner area.

Labour forceemployment status · residents 15+

50%

Employed full-time50%Employed part-time50%Employed (away/other)50%Unemployed50%Not in labour force50%

LowMedianHighPercentile

Full-time workers—

Part-time workers—

Unemployment rate—

Not in labour force—

Labour-force participation—

This suburb Typical range (middle 50%) Median suburb

Census · ABS 2021

Getting around The Lakes

How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.

Transport at a glance

LowMedianHighPercentile

Public transport to work—

Walked or cycled to work—

Worked from home—

No motor vehicle—

Vehicles per dwelling—

This suburb Typical range (middle 50%) Median suburb

Journey to workamong commuters · top modes

Car (driver)50%

Car (passenger)50%

Train50%

Bus50%

Tram/light rail50%

Ferry50%

Walked50%

Vehicles per dwellingshare of households

50%0

50%1

50%2

50%3

50%4+

Education · ACARA My School 2025

Schools in and around The Lakes

No school inside The Lakes itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.

Within The Lakes0schools in the suburb itself

Primary schools0within 5 km · nearest 10.8 km

Secondary schools0within 5 km · nearest 10.8 km

What is ICSEA Rank?

ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.

Nearby within0 schools

No schools within 5 km — widen the radius.

Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.

School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.

Census · ABS 2021

Turnover

How settled or transient the community is — and where newcomers came from.

Settledness at a glance

LowMedianHighPercentile

Settled 5+ years—

Moved in past year—

Arrived from overseas (5 yr)—

This suburb Typical range (middle 50%) Median suburb

Where residents lived 5 years agoof those who stated

50%

Same address50%Moved within area50%From elsewhere in Australia50%From overseas50%

Residential paceshare of residents

Moved in the past year50%

Moved in the past 5 years50%

Arrived from overseas (5 yr)50%

Property market

Market snapshot

The Lakes median house price & rent

Headline price, rent, yield and time on market for The Lakes — choose a property type and size below.

Active segment

Houses

Units

Median priceⓘLast 12 months

1.06M

Days on marketⓘLast 12 months

—

SoldⓘLast 12 months

Months of supplyⓘLast 12 months

5.5mo

Median rentⓘLast 12 months

—

Days to leaseⓘLast 12 months

—

LeasedⓘLast 12 months

—

Gross yieldⓘLast 12 months

—

Data confidenceSales sample0Too thinLease sample0Too thinThin samples can swing month-to-month — treat single-figure deltas with care.

Segment breakdown

House & unit prices by bedroom

Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.

Demand percentile 0–100 · last 12 months12-mo change

Segment

Sold

Price

DOM

Leased

Rent

DOM

Yield

SalesRent

Houses · 2 bed0 sales · 0 leases

—

Houses · 3 bed0 sales · 0 leases

—

Houses · 4 bed0 sales · 0 leases

—

Units · 1 bed0 sales · 0 leases

—

Units · 2 bed0 sales · 0 leases

—

Units · 3 bed0 sales · 0 leases

—

All houses

—

All units

—

Where each segment ranks

The Lakes property growth

Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.

Metric

Ranked against

Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.

Houses

0/3above median

02550 · MEDIAN75100

Percentile vs WA

Value

Units

0/4above median

02550 · MEDIAN75100

Percentile vs WA

Value

Market data

How strong is demand, and which way is it heading?

Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.

Side

View

Property

Bedrooms

Radius

Compared against

Sales market velocity

2 nearby suburbs · 10km · Total house · sales

rising

DOM change YoYis demand rising or falling?

falling

median

Recoveryweak but rising

Boomstrong and rising

Troughweak and falling

Peakstrong but easing

Nearby suburb

Demand index

66 / 100vs WA

Days on market

6 days▼ −6 days YoY

Median price

$725k▲ +36.0% YoY

Sold (last year)

230.0% YoY

Nearby suburb

Demand index

5 / 100vs WA

Days on market

30 days▲ +15 days YoY

Median price

$739k▲ +35.0% YoY

Sold (last year)

11▼ −23.0% YoY

weakSales market velocityhow strong sales demand isstrong

Neighbouring suburbs · coloured by market phaseHover a point for its figures

Sales market velocity

How strong is sales demand — and is it rising or falling?

What this shows

Each dot is one of this suburb's property segments on the sales side. Left-right shows how strong sales demand is — combining how many properties sold in the last 12 months with how quickly they sold (median days on market). Top-bottom shows whether that demand is rising or falling compared to 12 months ago.

The two axes

Sales market velocityX axis

how strong sales demand is

A composite of 12-month sales volume and median days on market. Higher means more sales completed faster — stronger sales demand right now.

Days on market change (Year-on-year)Y axis

is demand rising or falling?

How much faster (or slower) sales are completing compared to 12 months ago. Top half means sales are completing faster than a year ago (demand growing).

Market data

The Lakes against the neighbourhood

Eight diagnostic views cutting the data a different way each time — The Lakes in blue, peers in colour.

Pair

View

Property

Bedrooms

Radius

How fast — and is it getting faster?

2 peer suburbs · 10km · Total house

faster

DOM change YoYvs 12 months ago

slower

median

Recoveringquiet but accelerating

Boomingbusy and accelerating

Stalledquiet and slowing further

Coolingbusy but slowing

Nearby suburb

Demand index

0 / 100vs Australia

Days on market

91 days—

Median price

—▲ +32.0% YoY

Sold (last year)

—▲ +155.0% YoY

Gross yield

5.00%

Nearby suburb

Demand index

0 / 100vs Australia

Days on market

125 days—

Median price

—▲ +33.0% YoY

Sold (last year)

—▲ +125.0% YoY

Gross yield

5.00%

The Lakes · this suburb

Demand index

—vs Australia

Days on market

122 days—

Median price

$1.06M▲ +35.0% YoY

Sold (last year)

1▲ +162.0% YoY

Gross yield

6.00%

slowDays on marketmedian days to sellfast

This suburb Neighbouring suburbs · coloured by market phaseHover a point for its figures

How much is available right now?

Housing supply & months of stock

How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.

View

Hide thin-sample rows

Sales market

Segment	Band	Months of supply left	YoY	Listed	Sold	Per month

median

Rental market

Segment	Band	Months of supply left	YoY	Listed	Leased	Per month

median

Severe

Very Tight

Tight

Balanced

Loose

Very Loose

Saturated

Under-suppliedOver-supplied

Market data

Who's transacting — buyers or tenants?

Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.

Property

The Lakes — Units & Houses, all bedrooms

Feb 2022 – Jun 2026 · each point = a 12-month window

Sales · buyer transactions

Leases · tenant transactions

Five-year arc

The Lakes median house price & rent history

Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.

Property

Bedrooms

Median price (trailing year)

Jun 2026

$880k-25.5%

5y median $1.18Mvs last year $1.18M

Total sales (trailing year)

Jun 2026

1+Infinity%

5y median 1vs last year 0

Days on market

Insufficient data

Median rent

No data

Total leases

No data

Days on market (rental)

No data

Gross yield (trailing year)

Mar 2026

2.00%-0.32 pt

5y median 2.45%vs last year 2.32%

Months of supply

Jun 2026

7.0 months+Infinity%

5y median 0.0 monthsvs last year 0.0 months

Months of supply (rental)

No data

Nearby markets

Suburbs near The Lakes: prices compared

The nearest suburbs to The Lakes, ranked by distance — each lined up against The Lakes on the same measures, so the differences jump out at a glance.

Market

Property

Bedrooms

Radius

Colour by

This marketThe LakesWA 6556 · Houses · Total

Price$1.06M

DOM—

Sold1

2 markets within 5kmLast 12 months

GorrieWA 65561.9kmHouses · Total

Price—

DOM91 days

Sold—

BeechinaWA 65562.3kmHouses · Total

Stat colourHow each suburb's stat compares to The Lakes

Much lowerLowerSimilarHigherMuch higher

Market data

Frequently asked · The Lakes

12 data-driven answers about The Lakes's property market — every one computed from the metrics above.

What things cost

Prices, rent, yield, ownership cost

What is the median house price in The Lakes?

The median house price in The Lakes, WA 6556 is $1.06M as of June 2026. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.

How the market is moving

Speed, supply, growth, cycle phase

Is The Lakes a tight or loose property market right now?

The Lakes's sales market sits at 5.5 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.

How it compares

Vs state, vs nearby, vs popular

How does The Lakes compare to other WA suburbs?

The Lakes's median house price ($1.06M) is 75% above the WA median ($606k) as of June 2026.

How many properties were sold and leased in The Lakes last year?

The Lakes recorded 1 house sale and 0 unit sales over the 12 months to June 2026 — a combined 1 transaction. Segments with statistically thin samples are excluded from displayed figures.

About the area

Population, income, who lives here, schools

What postcode is The Lakes in?

The Lakes is in postcode 6556, in the North East Perth region of WA. Addresses there are written as The Lakes, WA 6556.

What is the population of The Lakes?

The Lakes, WA 6556 is home to 17 residents (ABS Census 2021). The median resident age is 49, and the average household holds 2.1 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.

What is the median household income in The Lakes?

The median household in The Lakes earns $2k per week — roughly $117k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.

What is the unemployment rate in The Lakes?

The unemployment rate in The Lakes is 50.0% (ABS Census 2021). The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.

Do people own or rent in The Lakes?

The Lakes is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.

What schools are near The Lakes?

The Lakes has 13 schools within reach — including Chidlow Primary School, Wooroloo Primary School, Eastern Hills Senior High School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).

Is The Lakes a good place to live?

The Lakes, WA 6556 has a population of 17, a median age of 49, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 13 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.

About this data

Methodology and update cadence

When was this The Lakes market data last updated?

This The Lakes market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.