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 › Colpin Ave
$1,690,000
Last sold
9 July 2021
4
Bedrooms
3
Bathrooms
1
Car spaces
601 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
$1,690,000
9 July 2021 · derived via latest_sale
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.
Vs Lake Wendouree
+148.5%
Median sale
Suburb $680,000
-1.98 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 1 Sept 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 602 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 602 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 2; HERITAGE OVERLAY (HO184); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. 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 602 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 2; HERITAGE OVERLAY (HO184); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. 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 602 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 602 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 2; HERITAGE OVERLAY (HO184); DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3. 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 McGrath BallaratColpin Avenue in Lake Wendouree is without doubt one of the most well-known & respected heritage streetscapes of Ballarat. A mix of inter-war and post-war dwellings & outbuildings with striking red brick kerb and channel and crossovers constructed by the return soldiers of World War 2. This gorgeous two storey art deco family home is positioned just 100m from the foreshore of Lake Wendouree.
• To own a property in Colpin Avenue is an opportunity that presents rarely & McGrath Ballarat are privileged to offer this outstanding home to the market.
• Step inside to be greeted by stunning kauri pine floorboards and feature timbers consistent with the era of the home.
• The master suite boasts a view to the street, a cosy log fire, comfortably updated ensuite, WIR & it's very own retreat/study room.
• Adjacent the master is the formal lounge, a place to escape noise and indulge in a novel.
• The library offers versatility, doubling as a TV room & offers separation from the open plan family living quarters at the rear.
• The rear living is the heart of the home. Bathed in brilliant north/west sunshine through heritage windows and seamlessly blending this extension with the original section of the home.
• The kitchen is timeless in its design, with an Ilve 900mm freestanding oven, Asko Dishwasher and butlers pantry.
• Head upstairs to discover a further 3 bedrooms, made up of 2 generous rooms with built in robes separated by the bathroom, and a gorgeous 4th loft bedroom built into the roof space. You'll also find access to the attic roof storage.
• The garage has been converted into an entertaining space, ideal as a home gym or billiards room.
• An idyllic rear yard setting, expertly landscaped with a stunning Japanese Maple surrounded by merbau decking & blending the feature timber screening. Sunlight blissfully bounces the abundant green of the yard off the red bricks of the back of the home.
• There's a single colorbond garage at the rear of the property for additional storage and garden items, a half basketball court for the kids & a gorgeous undercover decked entertaining platform that overlooks the beauty of the yard.
• Further features of note include gas central heating, gas log fires, split systems for cooling, & a stunning unique view from every heritage window in the home.
• A stunning heritage home in the tightest of tightly held streets, in Ballarat's premier suburb
Listing description written by Daniel Nestor, McGrath Ballarat — reproduced as published, not verified by Districts.
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