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Lake Boga suburb profile

Lake Boga is a picturesque rural town in Victoria, situated near the shores of its namesake lake, offering a serene lifestyle with a strong connection to nature. Known for its rich history, particularly during World War II as a flying boat repair base, the town attracts history enthusiasts and nature lovers alike. The lake itself is a popular spot for water sports, fishing, and birdwatching, providing a tranquil escape for residents and visitors. With a close-knit community, Lake Boga offers a peaceful environment, while being conveniently located near the regional hub of Swan Hill, ensuring access to essential amenities and services.

Lake Boga property market performance

Lake Boga’s property market has remained static over the past 12 months, with no change in median house or unit values. The median house price and unit price both stand at $0, indicating a lack of market activity or available data. Over the past three months, only 6 houses have been sold, with no unit sales recorded, reflecting limited transaction activity in the area.

Houses have a median time on market of 46 days, suggesting a moderate pace of sales given the low volume. The rental market also shows no movement, with average rents for both houses and units remaining at $0, and no change in rental values over the past year. This indicates a stagnant rental market, possibly due to a lack of available rental properties or demand.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-4.1%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
51N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

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Lake Boga demographics

Lake Boga, a charming rural suburb in Victoria, is known for its serene environment and close-knit community. With a population of just 982, it offers a peaceful lifestyle away from the hustle and bustle of city life. The median age of 45 suggests a mature community, with many residents likely enjoying the tranquility and slower pace that Lake Boga provides. This suburb is ideal for those seeking a relaxed lifestyle, surrounded by natural beauty and a supportive community atmosphere.

The housing landscape in Lake Boga is predominantly owner-occupied, with 41.6% of properties owned outright and 41.9% owned with a mortgage. This high rate of home ownership reflects a stable community with long-term residents who have established roots in the area. The rental market is relatively small, with only 16.4% of properties being rented, indicating limited turnover and a strong sense of permanence among residents.

Family life is a significant aspect of Lake Boga, with couple families with children making up 36.8% of the population and couple families without children accounting for 47.3%. The presence of one-parent families and other family types adds to the suburb's diversity, fostering a welcoming environment for all. The median total household income of $1416 per week suggests a modest but comfortable standard of living, suitable for families and retirees alike. Lake Boga's appeal lies in its combination of community spirit, natural surroundings, and a lifestyle that prioritizes quality over quantity.

Suburbs near Lake Boga

Some popular suburbs near Lake Boga include:

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