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 › Macarthur St
5
Bedrooms
3
Bathrooms
2
Car spaces
507 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Lake Wendouree (last 5 years) with land size have a median of $2,040/m² of land (n=55). 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.
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 BallaratPresenting an extremely rare opportunity to purchase this beautifully restored home, situated on a tightly held street in Ballarat's most revered suburb, with the picturesque Lake Wendouree foreshore within footsteps of your front door.
• Constructed circa 1886, this stunning period home has undergone an amazing transformation that has seen the home tastefully renovated from front to back & is being offered to the market for the first time in over 20 years.
• The entry hallway makes a lasting first impression & sets the tone for the beautiful features of this family home. Adorned with original features including cast iron lacework, soaring high ceilings, polished timber flooring, ornate cornicing & ceiling roses.
• The master bedroom is positioned at the front of the home and features an ornamental open fireplace and walk in robe. The tastefully updated ensuite is impressive with a walk in shower, vanity & toilet.
• The remaining four bedrooms are equally impressive, all generous in size with built-in robes to four of the rooms & ornamental open fireplaces to one of the rooms. They are serviced by a brand new family bathroom with freestanding bath, semi frameless shower, double vanity & toilet.
• The front formal living area is bathed in natural light, with a stained glass door opening to the front return veranda & with views across to Lake Wendouree, this provides the ideal space to relax & unwind.
• The open plan kitchen, dining, living space is packed with wow factor & boasts a beautiful combustion wood heater, automated blinds and access to a private decked courtyard area through a glass door.
• The kitchen is timeless in its design & offers quality stainless steel appliances including a dishwasher, stone bench tops, an abundance of cupboards & bench space and butlers pantry.
• Flowing seamlessly from the main living zone through two sets of sliding doors is the undercover decked entertaining area, with a concreted, electric heated swimming pool & overlooking the low maintenance rear yard with established gardens.
• Other features of this home include a gas log fireplace in the formal living area, split system heating & cooling, ceiling fans in the bedrooms, updated laundry with third shower, attic storage with drop down ladder, linen cupboard & access from Lake Street for undercover parking and lock up garage / workshop.
• With stunning street presence and location second to none, this one is well worthy of your inspection.
Listing description written by Sean Toohey, McGrath Ballarat — reproduced as published, not verified by Districts.