Lexton vs Waterloo

Lexton is the younger of the two, with a median age of 47 against 50 in Waterloo. In both, the large majority of households own their home and the large majority of homes are detached houses. In Waterloo, most households are people living alone. Houses cost more in Waterloo: a median of $750,000, against $415,000 in Lexton, though rent is higher in Lexton. On these figures, Lexton tends to suit buyers on a tighter budget, while Waterloo suits people living alone.

Which one suits you?

There is no overall winner — the suburb that suits a family with school-age kids is routinely the wrong one for someone commuting into the city. So each of these answers its own question, against a checklist you can see, using the same figures in the tables below.

Families with school-age kids

They split

one each way, out of the 6 things we measure here

  • Lexton has more parks and reserves (6 vs 3)
  • Waterloo carries lower crime risk (24/100 vs 75/100)

Weighs schools, house stock, crime, parks, childcare, and who already lives there.

First-home buyers

Lexton

ahead on the one thing that separates them

  • has cheaper houses ($415,000 vs $750,000)

Weighs house prices and mortgage stress.

Renters

Waterloo

ahead on the one thing that separates them

  • has cheaper rent ($165/wk vs $200/wk)

Weighs rent and rental stress.

Commuting to the city

Lexton

ahead on the one thing that separates them

  • sits closer to the CBD (160.8 km vs 164.7 km)

Weighs distance, drive time, and walkability.

Downsizers and retirees

Waterloo

ahead on the one thing that separates them

  • carries lower crime risk (24/100 vs 75/100)

Weighs who already lives there, GPs, walkability, and crime.

Investors

Lexton

ahead on the one thing that separates them

  • is growing faster (22.9% vs 10.9%)

Weighs population growth.

Where they sit

Lexton and Waterloo drawn to the same scale. Both outlines are shown together, so the map answers whether they share a border and how their areas compare.

Lexton Waterloo
Hides rows where both suburbs match

Bars start at zero. Scores, risks and rankings are drawn against their full 0–100 range; other rows are drawn in proportion to the larger of the two.

Side by side, out of 100

Risks are inverted — shown as safety and low exposure — so a longer bar always means better.

Lexton Waterloo
Walkability 0 / 0
Lexton — Walkability: 0/100 Waterloo — Walkability: 0/100
Safety 25 / 76
Lexton — Safety: 25/100 Waterloo — Safety: 76/100
Low fire risk 56 / 51
Lexton — Low fire risk: 56/100 Waterloo — Low fire risk: 51/100
Low flood risk 100 / 100
Lexton — Low flood risk: 100/100 Waterloo — Low flood risk: 100/100

Demographics

Lexton has more residents (284 vs 122); Lexton rents higher ($200/wk vs $165/wk).

Lexton Waterloo
Population 284
+57% vs other
122
Population trend (2016 → 2021) +22.9% +10.9%
Median age 47 50
Median household income $60,320/yr
+6% vs other
$56,836/yr
Median weekly rent $200/wk
+18% vs other
$165/wk

Age profile

Share of residents in each band, 2021 Census.

Lexton Waterloo
0-4 3.5% / —
Lexton — 0-4: 3.5% Waterloo — 0-4: not among its largest
5-14 8.8% / 13.1%
Lexton — 5-14: 8.8% Waterloo — 5-14: 13.1%
15-19 4.9% / 9.0%
Lexton — 15-19: 4.9% Waterloo — 15-19: 9.0%
20-24 4.2% / 4.1%
Lexton — 20-24: 4.2% Waterloo — 20-24: 4.1%
25-34 8.8% / 5.7%
Lexton — 25-34: 8.8% Waterloo — 25-34: 5.7%
35-44 13.0% / 17.2%
Lexton — 35-44: 13.0% Waterloo — 35-44: 17.2%
45-54 15.5% / 19.7%
Lexton — 45-54: 15.5% Waterloo — 45-54: 19.7%
55-64 13.4% / 14.8%
Lexton — 55-64: 13.4% Waterloo — 55-64: 14.8%
65-74 18.3% / 16.4%
Lexton — 65-74: 18.3% Waterloo — 65-74: 16.4%
75-84 4.2% / 2.5%
Lexton — 75-84: 4.2% Waterloo — 75-84: 2.5%
85+ 2.5% / 3.3%
Lexton — 85+: 2.5% Waterloo — 85+: 3.3%

Bars are drawn against the largest share shown (19.7%).

Who lives together

Household composition, 2021 Census.

Lexton 44.3% lone person
Lexton — Lone Person: 44.3% Lexton — Couple Families: 35.7% Lexton — One Parent Families: 5.7% Lexton — Group Household: 10.0% Lexton — Other Families: 4.3%
Waterloo 60.0% lone person
Waterloo — Lone Person: 60.0% Waterloo — Couple Families: 26.7% Waterloo — One Parent Families: 13.3% Waterloo — Group Household: 0.0% Waterloo — Other Families: 0.0%
Lone Person Couple Families One Parent Families Group Household Other Families

Who owns and who rents

Occupied private dwellings by tenure, 2021 Census.

Lexton 9.8% renting
Lexton — Owned Outright: 55.9% Lexton — Mortgage: 34.3% Lexton — Renting: 9.8%
Waterloo 0.0% renting
Waterloo — Owned Outright: 72.3% Waterloo — Mortgage: 27.7% Waterloo — Renting: 0.0%
Owned outright Mortgage Renting

Where residents were born

Largest overseas birthplaces, as a share of all residents, 2021 Census. A dash means that country is not among the suburb's own eight largest.

Lexton Waterloo
England 2.5% / 2.5%
Lexton — England: 2.5% Waterloo — England: 2.5%
Philippines — / 4.1%
Lexton — Philippines: not among its largest Waterloo — Philippines: 4.1%
New Zealand 1.1% / 2.5%
Lexton — New Zealand: 1.1% Waterloo — New Zealand: 2.5%
Scotland 1.4% / —
Lexton — Scotland: 1.4% Waterloo — Scotland: not among its largest

Bars are drawn against the largest share shown (4.1%).

Qualifications

Highest non-school qualification, residents 15+, 2021 Census.

Lexton Waterloo
Certificate III & IV 20.8% / 14.8%
Lexton — Certificate III & IV: 20.8% Waterloo — Certificate III & IV: 14.8%
Advanced Diploma / Diploma 4.6% / 10.7%
Lexton — Advanced Diploma / Diploma: 4.6% Waterloo — Advanced Diploma / Diploma: 10.7%
Bachelor Degree 8.1% / 4.9%
Lexton — Bachelor Degree: 8.1% Waterloo — Bachelor Degree: 4.9%
Postgraduate Degree — / 6.6%
Lexton — Postgraduate Degree: not among its largest Waterloo — Postgraduate Degree: 6.6%
Graduate Diploma / Certificate 1.1% / 2.5%
Lexton — Graduate Diploma / Certificate: 1.1% Waterloo — Graduate Diploma / Certificate: 2.5%

Bars are drawn against the largest share shown (20.8%).

What people live in

Occupied private dwellings by structure, 2021 Census.

Lexton 100.0% houses
Lexton — Houses: 100.0%
Waterloo 100.0% houses
Waterloo — Houses: 100.0%
Houses

Property market

Lexton Waterloo
Median house price $415,000 $750,000
Median unit price —
same for both
Median land price —
same for both

Zoning mix

Lexton has more rural and farming land (60% vs 40%).

Lexton Waterloo
Rural and farming 60% 40%
Environmental 36% 28%
Parks and recreation 2% 31%
Infrastructure and transport 1%
same for both
Zoning sets what may be built, not what is there today. A single address can sit in a different zone to the suburb around it. Zones as at 2026-09.

Development activity

Lexton Waterloo
New dwellings approved 45
across Pyrenees
same for both
Approvals change year on year +100%
same for both

Ranking within VIC

Lexton Waterloo
House price —
same for both
Income Higher than 20% of VIC Higher than 15% of VIC
Schools —
same for both
Walkability Higher than 18% of VIC Higher than 55% of VIC
Affordability —
same for both
EV adoption Higher than 37% of VIC Higher than 32% of VIC
NBN connectivity Higher than 54% of VIC Higher than 14% of VIC

Liveability

Lexton Waterloo
Grade —
same for both
Score —
same for both
Socio-economic band below-average income
decile 3/10
same for both

Risk profile

Lexton carries more crime risk (75 vs 24).

Lexton Waterloo
Bushfire Moderate
44/100
Moderate
49/100
Crime High
75/100
Low
24/100
Flood None
0/100
same for both
Coastal erosion None
0/100
same for both
Aircraft noise None
0/100
same for both
Industrial facilities nearby 0
within 5 km
same for both

Schools

Lexton Waterloo
Inside the suburb 0
same for both
Rated above peers 0
same for both
Rated at peers 0
same for both
Rated below peers 0
same for both

Amenities in the suburb

Lexton Waterloo
Parks & reserves 6 3
Police stations 1 0
Banks & Bank@Post 1 0
Fuel stations 1 0
Waterways 7 2

Mobility

Waterloo sits further from the CBD (164.7 km vs 160.8 km).

Lexton Waterloo
Walkability score 0/100
same for both
Distance to Melbourne 160.8 km 164.7 km
+2% vs other
Drive time (normal traffic) 112 min 114 min
Electric vehicle share 0.4%
postcode 3352
0.4%
postcode 3373
Rooftop solar per 100 dwellings 51
postcode 3352
47
postcode 3373

How people get to work

Method of travel on census day 2021 — which fell during COVID restrictions, so working from home is inflated and every travel mode understated.

Lexton Waterloo
Car (driver) 68.9% / 72.5%
Lexton — Car (driver): 68.9% Waterloo — Car (driver): 72.5%
Worked from Home 22.2% / 19.6%
Lexton — Worked from Home: 22.2% Waterloo — Worked from Home: 19.6%
Car (passenger) 5.6% / 7.8%
Lexton — Car (passenger): 5.6% Waterloo — Car (passenger): 7.8%
Walked Only 3.3% / —
Lexton — Walked Only: 3.3% Waterloo — Walked Only: not among its largest

Bars are drawn against the largest share shown (72.5%).

Setting

Lexton Waterloo
Elevation 316 m
above sea level, at the suburb centre
408 m
above sea level, at the suburb centre

NBN connectivity

Lexton Waterloo
Connectivity score 30/100 17/100
Most common technology Fixed wireless Satellite (Sky Muster)
Full-fibre (FTTP) share 0%
156 premises
0%
40 premises

Climate

Lexton Waterloo
Annual rainfall 508 mm 537 mm
Summer max (Jan) —
same for both
Winter min (Jul) —
same for both

Council rates

Lexton Waterloo
Average residential rate $1,584/yr
same for both
Council Pyrenees
same for both

Federal electorate

Lexton Waterloo
Division Wannon
same for both
Member Dan Tehan
same for both
Party Liberal
same for both

First Home Owner Grant

Lexton Waterloo
Grant amount $10,000
same for both
Property price cap $750,000
same for both
Eligibility New
same for both

Tags

Lexton

Waterloo

More comparisons

Other comparisons with Lexton

Other comparisons with Waterloo

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Information shown is provided as-is from Australian government and commercial data sources.
Always verify with the relevant authority before making property decisions.
See Data Sources and How We Calculate for details.

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