Suburb Overview

Lake Meran is a regional centre in Victoria, Australia, with a population of approximately 22, making it a boutique locality. Located approximately 237 km from the Melbourne CBD, Lake Meran is a regional area in Victoria. The median household income is $37,700 per year.

Location

Melbourne
Lake Meran
Victoria · 3579
237 km from Melbourne CBD
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Key Indicators

Postcode
3579

Postcode for Lake Meran, from a community postcode dataset cross-checked against Australia Post. A postcode may cover multiple suburbs.

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Population
22

Usual resident population at the most recent census.

Median weekly rent
$130/wk

Median weekly rent recorded at the 2021 Census — market rents have risen since, so treat this as a dated baseline, not a current figure.

Median household income
$37,700

Annual median household income (before tax) across all households.

Distance to CBD
237 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Housing

Median monthly mortgage
N/A

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
86% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Lake Meran is a smaller community of 22 — about 0% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Lake Meran's median household income of $37,700/year is 60% below the Victoria suburb median ($95,160) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. At the 2021 Census the median weekly rent was $130 (≈ $6,760/year gross at the time). Market rents have moved substantially since 2021, so benchmark against current listings before running yield numbers. Lake Meran is 237 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Lake Meran vs Victoria Median

How Lake Meran stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Lake Meran sits above the state median; negative means below.

MetricLake MeranVIC medianΔ vs state
Population227,416-100%
Median household income$37,700/yr$95,160/yr-60%
Median rent (weekly, 2021 Census)$130$380-66%
Distance to CBD237 km32 km+641%
Separate houses86%78%+8pp

Investor Checklist

Pre-inspection briefing for Lake Meran — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 22 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

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Rental Yield

Gross rent of $130/week (~$6,760/year, 2021 Census) sets an indicative yield ceiling. Cross-check against current listings and your purchase price to confirm whether this suburb hits the 4–5% gross yield most Australian investors target.

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Renovation / Flip

With 86% houses in a 22-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Lake Meran property

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Lake Meran are modest for 2026 — incomes 60% below the VIC median of $95,160 and a population of 22 suggest gains will lag headline metro markets. Rents sit around $130/week (2021 Census), a baseline gross rental income of roughly $6,760/year — refine against current listings before running your numbers. Overall investor sentiment for Lake Meran is cautious heading into the second half of 2026, based on its income, rent and mortgage profile relative to the Victoria median.

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Frequently Asked Questions

Is Lake Meran a good suburb for investment?

Whether Lake Meran suits you depends on your strategy, but the fundamentals are concrete: a population of 22, a median household income of $37,700/year and median weekly rent of $130. Weigh those against your goal — cash flow, capital growth, or a value-add renovation — each of which we break down with suburb-specific ABS numbers elsewhere on this page.

What drives property demand in Lake Meran?

The main demand drivers in Lake Meran are a median household income of $37,700/year, a dwelling mix that is 86% separate houses. Together these shape both owner-occupier and tenant demand.

What is the population of Lake Meran?

Lake Meran has a usual resident population of approximately 22, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Lake Meran from the Melbourne CBD?

Lake Meran sits 237 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Lake Meran?

The most recent census recorded a median weekly rent of $130 in Lake Meran, equating to approximately $6,760/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Lake Meran?

A reliable median mortgage figure was not captured for Lake Meran. Use our loan serviceability calculator to estimate a realistic monthly repayment for your target purchase price and deposit.

Is Lake Meran cash-flow positive for investors?

Census data was not complete enough in Lake Meran to compute a clean rent-to-mortgage coverage. Use current listings to benchmark weekly rent, then plug your expected purchase price into our rental yield calculator to see whether the investment runs cash-flow positive or negative.

What are the main risks of investing in Lake Meran?

The main risks are a thin buyer pool (22 residents), interest-rate sensitivity, below-median household incomes ($37,700 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Lake Meran profile

The population, postcode, median household income, and dwelling mix on this page are real figures from the ABS 2021 Census (income is the ABS median weekly household income annualised) and Australia Post. Distance to the CBD is calculated from the suburb's ABS centroid. The Census median rent and mortgage repayment are 2021 figures and are clearly labelled as such wherever they appear — they are five years old and have moved substantially since. We do not publish an investment score or school/park counts for this suburb. See our methodology and data sources for exactly what's measured and what's estimated.

Nearby Suburbs

Victoria Property Resources