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 › Grove St
$995,000–$1,075,000
For sale
Asking range
0
Bedrooms
0
Bathrooms
0
Car spaces
479 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
Asking
$995,000–$1,075,000
Asking range · $2,077/m² of land
No recorded sale for this property.
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
+46.3%
Median sale
Suburb $680,000
-1.05 pp
Gross yield
Suburb 3.31%
Suburb median $680,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$60,858 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lake Wendouree's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 2.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 PRD BallaratOpportunities of this calibre are exceptionally rare. Positioned in one of Ballarat's most prestigious and tightly held locations, 10B Grove Street, Lake Wendouree presents an outstanding opportunity to secure a premium parcel of land and build your dream home in a sought-after lifestyle setting.
Set on approximately 479m², this superb allotment offers the perfect canvas for a luxurious custom residence, allowing buyers the freedom to design and create a home tailored to their individual vision and lifestyle. Whether you're looking to build a contemporary masterpiece, an elegant family home, or a sophisticated downsizer, this prime parcel provides endless possibilities in an enviable location.
What truly sets this property apart is its exceptional position. Nestled within the heart of Lake Wendouree, one of Ballarat's most coveted suburbs, you'll enjoy the lifestyle benefits that come with living just moments from the lake, picturesque walking tracks, renowned schools, sporting facilities, cafés, and the vibrant Ballarat CBD.
Surrounded by quality homes and established streetscapes, this is a location synonymous with prestige, convenience, and long-term value. Enjoy morning walks around Lake Wendouree, easy access to Ballarat Grammar and St Patrick's College, nearby hospitals, and some of Ballarat's finest dining and recreational amenities, all within minutes of your doorstep.
With services readily available and easy site access already established, the hard work has been done, allowing you to focus on bringing your dream home to life.
Premium land in Lake Wendouree is becoming increasingly difficult to secure, making this an exceptional opportunity for owner-occupiers, downsizers, and discerning buyers seeking a blue-chip address with lasting appeal.
Price Guide: $995,000 - $1,075,000
Don't miss this rare chance to secure a premium allotment in one of Ballarat's most exclusive locations and create a lifestyle that is second to none.
Property Highlights
• Premium 479m² (approx.) allotment
• Prestigious Lake Wendouree address
• Rare opportunity to build in a tightly held blue-chip location
• Ideal for a luxury family home or executive residence
• Surrounded by quality homes and established streetscapes
• Moments from Lake Wendouree and its picturesque walking tracks
• Close to Ballarat Grammar, St Patrick's College, and major amenities
• Easy access to hospitals, cafés, sporting facilities, and Ballarat CBD
• Established access and excellent building potential
• Exceptional lifestyle and long-term investment appeal
A rare landholding in one of Ballarat's most desirable locations, 10B Grove Street offers the opportunity to build something truly special in the heart of Lake Wendouree.
Ballarat's Best-Selling Team
Listing description written by Michael Darken, PRD Ballarat — reproduced as published, not verified by Districts.
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