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 › The Boulevarde
$1,625,000
Last sold
12 Dec 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
557 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$1,625,000
12 Dec 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
+139.0%
Median sale
Suburb $680,000
-1.92 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 data is being calculated
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.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 McGrath BallaratBlue chip Real Estate a mere stones throw from the shores of Ballarat's pride & joy Lake Wendouree and directly opposite the North Gardens Wetlands. It's our pleasure to present 10 The Boulevarde Lake Wendouree to the market.
• Walking distance to the train station and a short stroll to the Botanic Gardens, your local supermarket and shops this home is prime real estate.
• Architecturally designed to prioritize views of the parkland and welcome natural light and sunshine. A stunning unique image is captured in each of the perfectly framed front windows through the living areas of the home.
• The property has been carefully designed with ease of living, lifestyle and comfort front of mind.
• The living spaces are made up of an open plan informal lounge with built in cabinetry, dining area and flowing through to the kitchen. There is a separate formal lounge with gas log fire ideal for entertaining guests or more simply with a book in hand taking in the stunning natural outlook.
• Your kitchen is well thought out with dishwasher, gas cook top, electric wall oven and walk in pantry.
• The bedrooms are cleverly positioned at the rear of the home. The master bedroom is generous in proportion with an enviable walk-in robe fitted out with built-in shelving and drawers.
• The ensuite bathroom offers an oversized shower, toilet and vanity.
• Bedroom two has BIR's and the generously sized bedroom three could easily be used as a bedroom or study.
• Central family bathroom, laundry with direct access to outside and separate toilet.
• This home offers ducted heating, refrigerated cooling, double glazing throughout and quality window furnishings which makes it economical and comfortable all year round.
• The many features of this stunning home include quality fixtures and fittings, monitored sectrol security system, security doors throughout, ample storage, 1,000 litre water tank for watering your fully landscaped and beautifully maintained gardens, lock up garage plus additional undercover parking.
• An unrivalled location, arguably more appealing than being on the lake itself.
• Nearby public and private schools, the Lake at your doorstep and shops all within a short walk.
• The home will suit retirees looking to downsize, out of town families looking for a central hub, families or a couple looking for the lifestyle.
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.