Lake Wendouree at a glance
2,704
People
$680,000
Median sale
$433/wk
Median rent
3.31%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Lake Wendouree › Parade Ct
$1,800,000
Last sold
26 Oct 2023
4
Bedrooms
3
Bathrooms
2
Car spaces
697 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,800,000
26 Oct 2023 · derived via latest_sale
Local land rate: recorded House sales in Lake Wendouree (last 5 years) with land size have a median of $2,031/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Lake Wendouree at a glance
2,704
People
$680,000
Median sale
$433/wk
Median rent
3.31%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Wendouree
+164.7%
Median sale
Suburb $680,000
-2.06 pp
Gross yield
Suburb 3.31%
Suburb median $680,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Ballarat
Ballarat, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 698 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 698 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 6; HERITAGE OVERLAY (HO166); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $433/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 698 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 6; HERITAGE OVERLAY (HO166); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 698 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 698 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 6; HERITAGE OVERLAY (HO166); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20; VEGETATION PROTECTION OVERLAY - SCHEDULE 2. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lake Wendouree at a glance
2,704
People
$680,000
Median sale
$433/wk
Median rent
3.31%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratWelcome to 1 Parade Court, Lake Wendouree! This stunning two-story brick home is a true gem nestled right on the picturesque Lake Wendouree foreshore. Imagine waking up to serene water views every morning and enjoying leisurely strolls along the tranquil lakeside paths. This property not only offers a beautiful home but also an unbeatable lifestyle with the lake as your neighbour.
Positioned only a mere 4-minute drive from Ballarat CBD, convenience is at your doorstep. You'll have easy access to all the city's amenities, including shopping precincts, restaurants, and cultural attractions. This prime location strikes the perfect balance between a peaceful lakeside retreat and urban accessibility.
Step inside, and you'll immediately appreciate the spaciousness and functionality of this residence. This stunning home is something you need to see to believe and features recently refurbished brush box floor board creating a sense of warmth throughout. The ground floor features a generously sized living area, perfect for family gatherings and cozy evenings by the fireplace. The kitchen and dining space are a chef's dream, boasting modern appliances, ample cabinetry, and a convenient island for meal prep and entertaining. The family room is spacious is the perfect space for a movie room or a kids space. There is also a study or additional bedroom which is perfect for those working from home or extra space for guests.
Venture upstairs, and you'll discover four well-appointed bedrooms, providing plenty of space for the entire family or accommodating guests. The master bedroom is a true retreat with its own ensuite, offering a private oasis of relaxation. With a total of 3 bathrooms throughout the home including the ensuite which are all complete with stunning floor to ceiling tiles.
Outside, the 697m2 block provides ample space for outdoor activities and gardening. The landscaped yard features pop up sprinklers to all lawn areas and is the perfect area for kids to play in or hosting barbecues with friends and family. Plus, there's a double lock-up garage to keep your vehicles secure.
Additional features of this property include ducted heating and reverse cycle cooling, ensuring comfort year-round. This home is not only a perfect family haven but also an excellent investment opportunity in this highly sought-after location.
With its ideal proximity to Lake Wendouree, local parks, schools, and shopping precincts, this is your chance to experience a premium lifestyle in a thriving community. Don't miss out on the chance to make 1 Parade Court your forever home – schedule a viewing today and experience the epitome of Lake Wendouree living!
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.