Victoria · Suburb Profile

Lake Bolac VIC — Suburb Profile

Population, median income, rent prices, housing costs and demographics for Lake Bolac, Victoria. ABS Census 2021.

The population of Lake Bolac VIC is 368 according to the 2021 Census. The median personal income in Lake Bolac is $632 per week ($32,864 per year). Median rent in Lake Bolac is $150 per week ($650 per month). Lake Bolac has a median age of 48 years, older than the national median of 38. Lake Bolac has a population density of 1.3 people per km².

The most common overseas birthplace in Lake Bolac is England. The most common religion is No Religion (50% of residents). The median monthly mortgage repayment in Lake Bolac is $980.

There were 34 recorded offences in Lake Bolac in 2025-25, a rate of 92 offences per 1,000 people. The most common offence category was justice procedures (16 offences).

Lake Bolac Map

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Lake Bolac Population

residents (Census 2021)

Lake Bolac Median Income & Rent

💰

Median Income

$632/wk

$32,864 per year

#6581 of 14,663

🏠

Median Rent

$150/wk

$650 per month

#8205 of 14,663

👤

Median Age

48years

10 years older than national median

🏡

Mortgage

$980/mo

Avg household size: 2.3 · 0.7 per bedroom

Lake Bolac Demographics

Gender Split

Male 52.9% (194) Female 47.1% (173)

Population Density

1.3

people per km²

368 people · 273.7 km²

Households

2.3

Avg household size

0.7

Persons per bedroom

$1,524

Family income/wk

Lake Bolac Age Distribution

0-4

5-9

10-14

15-19

20-24

25-29

30-34

35-39

40-44

45-49

50-54

55-59

60-64

65-69

70-74

75-79

80-84

85+

♂ Male ♀ Female

Source: ABS Census 2021 — Suburb & Locality (SAL)

Lake Bolac Housing Tenure

🏠

Owned outright

68.8% 75 dwellings

🏦

Owned with mortgage

31.2% 34 dwellings

Source: ABS Census 2021 — Suburb & Locality (SAL)

Lake Bolac Country of Birth

Australia

98.0%

England

2.0%

Source: ABS Census 2021 G09 — Country of Birth by SAL

Lake Bolac Religion

No Religion

49.9%

Uniting Church

12.9%

Catholic

12.9%

Not stated

11.2%

Anglican

7.2%

Christinty Prsbytrin Refrmd

4.9%

Hinduism

1.1%

Source: ABS Census 2021 G14 — Religion by SAL

Lake Bolac Education Level

Year 12 or equivalent

46.4%

Year 11 or equivalent

22.8%

Year 10 or equivalent

19.8%

Year 9 or equivalent

11.0%

Source: ABS Census 2021 G16 — Highest Year of School by SAL

Lake Bolac Employment

💼

Employed full-time

34.2% 88 people

⏰

Employed part-time

23.3% 60 people

🔍

Unemployed

1.9% 5 people

🏠

Not in labour force

40.5% 104 people

Source: ABS Census 2021 G46 — Labour Force Status by SAL

Lake Bolac Qualifications

Certificate III/IV

35.6%

Bachelor Degree

31.1%

Advanced Diploma/Diploma

25.2%

Graduate Diploma/Certificate

5.2%

Certificate I/II

3.0%

Source: ABS Census 2021 G49 — Non-School Qualification by SAL

Lake Bolac Occupation

Managers

41.8%

Professionals

14.5%

Technicians & Trade Workers

13.6%

Labourers

7.3%

Clerical & Administrative

7.3%

Sales Workers

5.5%

Machinery Operators & Drivers

5.5%

Community & Personal Service

4.5%

Source: ABS Census 2021 G51 — Industry of Employment by Occupation

Lake Bolac Field of Study

Agriculture & Environment

24.7%

Education

21.2%

Engineering

17.6%

Management & Commerce

8.2%

Society & Culture

7.1%

Architecture & Building

5.9%

Health

5.9%

Food, Hospitality & Personal Services

4.7%

Information Technology

4.7%

Source: ABS Census 2021 G51 — Field of Study by SAL

Lake Bolac Dwelling Types

Separate house

100.0%

Source: ABS Census 2021 G36 — Dwelling Structure by SAL

Lake Bolac Weekly Household Income

$150-$299/wk

2.9%

$400-$499/wk

8.8%

$500-$649/wk

2.9%

$650-$799/wk

13.2%

$800-$999/wk

11.8%

$1,000-$1,249/wk

9.6%

$1,250-$1,499/wk

6.6%

$1,500-$1,749/wk

2.2%

$1,750-$1,999/wk

8.8%

$2,000-$2,499/wk

14.7%

$2,500-$2,999/wk

3.7%

$3,000-$3,499/wk

4.4%

$3,500-$3,999/wk

5.9%

$4,000+/wk

4.4%

Source: ABS Census 2021 G33 — Household Income by SAL

Lake Bolac Marital Status

💍

Married

53.3% 161

↔️

Separated

5.0% 15

📋

Divorced

7.3% 22

🕊️

Widowed

7.3% 22

👤

Never married

27.2% 82

Source: ABS Census 2021 G05 — Marital Status by SAL

Lake Bolac Ancestry

Australian

36.1%

English

29.1%

Scottish

14.6%

Irish

6.7%

Maori

3.1%

German

2.2%

Other

2.2%

Dutch

1.8%

Italian

1.8%

Indian

0.9%

Filipino

0.7%

New Zealander

0.7%

Source: ABS Census 2021 G08 — Ancestry by SAL

Lake Bolac School & University Attendance

Primary — Government

46.3%

Secondary — Government

16.4%

Secondary — Other Non-Govt

10.4%

Pre-school

9.0%

Primary — Other Non-Govt

9.0%

Vocational Education

9.0%

Source: ABS Census 2021 G15 — Type of Educational Institution by SAL

Lake Bolac Need for Assistance

♿

Needs assistance

2.5% 17

✅

No need for assistance

97.5% 651

Source: ABS Census 2021 G18 — Core Activity Need for Assistance by SAL

Lake Bolac Volunteering

🤝

Volunteer

37.9% 102

—

Not a volunteer

62.1% 167

Source: ABS Census 2021 G23 — Voluntary Work by SAL

Lake Bolac Monthly Mortgage Repayments

$0-$299/mo

11.1%

$300-$449/mo

11.1%

$800-$999/mo

25.9%

$1,000-$1,399/mo

18.5%

$1,400-$1,799/mo

33.3%

Source: ABS Census 2021 G38 — Mortgage Repayment by SAL

Lake Bolac How People Get to Work

Car (driver)

67.2%

Did not go to work

12.0%

Walked only

8.8%

Car (passenger)

6.4%

Truck

3.2%

Other

2.4%

Source: ABS Census 2021 G62 — Method of Travel to Work by SAL

Lake Bolac Car Ownership

1 vehicle

25.4%

2 vehicles

40.6%

3 vehicles

21.7%

4+ vehicles

12.3%

Source: ABS Census 2021 G34 — Motor Vehicles per Dwelling by SAL

Lake Bolac Number of Bedrooms

1 bedroom

4.2%

2 bedrooms

13.2%

3 bedrooms

54.2%

4 bedrooms

22.2%

5 bedrooms

6.3%

Source: ABS Census 2021 G41 — Number of Bedrooms by SAL

Lake Bolac Population Mobility

9.2%

moved in the last year

35.6%

moved in the last 5 years

1.2%

unemployment rate (Census)

56.6%

labour force participation

Source: ABS Census 2021 G43 — Summary by SAL

Lake Bolac Indigenous Population

0.4%

Aboriginal & Torres Strait Islander

Indigenous residents

673

Non-Indigenous residents

Source: ABS Census 2021 G07 — Indigenous Status by SAL

Lake Bolac Long-term Health Conditions

Mental health

Lung condition

Arthritis

Diabetes

Asthma

Cancer

Stroke

Heart disease

Dementia

Kidney disease

Source: ABS Census 2021 G19 — Long-term Health Conditions by SAL

Lake Bolac Personal Weekly Income Distribution

$0 or less/wk

8.1%

$1-$149/wk

4.0%

$150-$299/wk

6.3%

$300-$399/wk

7.6%

$400-$499/wk

9.0%

$500-$649/wk

4.9%

$650-$799/wk

9.4%

$800-$999/wk

12.1%

$1,000-$1,249/wk

9.0%

$1,250-$1,499/wk

4.5%

$1,500-$1,749/wk

8.5%

$1,750-$1,999/wk

4.9%

$2,000-$2,999/wk

9.9%

$3,500+/wk

1.8%

Source: ABS Census 2021 G17 — Personal Income by SAL

Lake Bolac Family Structure

Couple — children under 15

46.4%

Couple — no children

37.2%

Couple — no children under 15

10.6%

One parent — children under 15

4.7%

One parent — no children under 15

1.1%

Source: ABS Census 2021 G29 — Family Composition by SAL

Lake Bolac Military Service

🏅

Previously served

4.0% 11

👤

Never served

96.0% 265

Source: ABS Census 2021 G22 — ADF Service by SAL

Lake Bolac Unpaid Carers

🤲

Provided unpaid assistance

18.2% 50

—

Did not provide

81.8% 225

Source: ABS Census 2021 G25 — Unpaid Assistance by SAL

Lake Bolac Children Ever Born

No children

18.5%

1 child

2.5%

2 children

28.6%

3 children

33.6%

4 children

16.8%

Source: ABS Census 2021 G28 — Children Ever Born by SAL

Lake Bolac When Migrants Arrived

1961–1970

1971–1980

1981–1990

2001–2010

2017

2019

2020

Source: ABS Census 2021 G10 — Year of Arrival by SAL

Lake Bolac Unpaid Domestic Work

Less than 5 hours

18.8%

5–14 hours

27.6%

15–29 hours

16.5%

30+ hours

14.6%

Did not do domestic work

22.6%

Source: ABS Census 2021 G24 — Unpaid Domestic Work by SAL

Lake Bolac Household Size

1 person

28.5%

2 persons

39.7%

3 persons

9.9%

4 persons

13.9%

5 persons

5.3%

6+ persons

2.6%

Source: ABS Census 2021 G35 — Household Size by SAL

Lake Bolac Where Residents Moved From

Same address

297

Moved from VIC

Source: ABS Census 2021 G44 — Address 1 Year Ago by SAL

Lake Bolac Family Blending

Intact family — no other children

90.0%

Blended family — no other children

10.0%

Source: ABS Census 2021 G31 — Family Blending by SAL

Lake Bolac Crime Statistics

Reported offences in 2025-25 — 34 total

Justice Procedures

Theft

Break & Enter

Property Damage

Assault

Fraud

Drug Offences

Public Order

Offence trend by year:

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

Source: Crime Statistics Agency Victoria — crimestatistics.vic.gov.au

Lake Bolac Schools

schools nearby

government

936

avg ICSEA score

total students

Lake Bolac College Government

Combined · Prep-12 · 92 students

936

ICSEA

Source: ACARA — Australian Curriculum, Assessment and Reporting Authority, 2025. ICSEA = Index of Community Socio-Educational Advantage (national average 1000).

View all schools in Lake Bolac with map →

Lake Bolac Rent Prices & Affordability

12%

of income

Affordable

Household Income $1,230/wk

Median Rent $150/wk

Rent-to-Income 12.2%

Rent is under 25% of household income — generally considered affordable.

If you earn X in Lake Bolac

Your weekly income

≈ $5,330/month

Median rent $150/wk

Left after rent $1,080/wk

Rent share 12.2%

Lake Bolac vs State & National Average

Nearby Suburbs in VIC

Erica

Pop: 184 Income: $695/wk Rent: $203/wk

Harrow

Pop: 184 Income: $905/wk Rent: $85/wk

Merricks

Pop: 184 Income: $1,319/wk Rent: $258/wk

Mudgegonga

Pop: 184 Income: $743/wk Rent: $350/wk

Springmount

Pop: 184 Income: $818/wk Rent: $200/wk

Vectis

Pop: 184 Income: $906/wk Rent: $225/wk

Compare Lake Bolac

Lake Bolac vs Erica →Lake Bolac vs Harrow →Lake Bolac vs Merricks →Lake Bolac vs Mudgegonga →

Frequently Asked Questions About Lake Bolac

What is the population of Lake Bolac VIC?

The population of Lake Bolac VIC is 368 according to the ABS Census 2021.The suburb has a population density of 1.3 people per km².Lake Bolac is ranked #5,572 out of 14,663 suburbs by population.

What is the median income in Lake Bolac?

The median personal income in Lake Bolac VIC is $632 per week, or $32,864 per year.The median household income is $1,230 per week.Family income is $1,524 per week.Lake Bolac is ranked #6,581 by income out of 14,663 Australian suburbs.

How much is rent in Lake Bolac?

Median rent in Lake Bolac VIC is $150 per week ($650 per month).Rent represents 12.2% of household income, which is considered affordable.Lake Bolac ranks #8,205 out of 14,663 suburbs by rent.

What are mortgage repayments in Lake Bolac?

The median monthly mortgage repayment in Lake Bolac VIC is $980. This data comes from the ABS Census 2021 and reflects mortgage repayments for owner-occupied dwellings.

What is the median age in Lake Bolac?

The median age in Lake Bolac VIC is 48 years.This is older than the national median age of 38 years.

Is Lake Bolac a good suburb to live in?

Lake Bolac is a suburb in Victoria with a population of 368.The median income is $632/wk, which is below the VIC average of $779/wk.Rent affordability is rated as affordable (12.2% of household income). See the full suburb profile above for detailed statistics.

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Data: Australian Bureau of Statistics, Census of Population and Housing 2021. SA2 area: 21428. All dollar figures in AUD.