Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Lake Wendouree › Forest St

11 Forest St, Lake Wendouree VIC 3350

House

3

Bedrooms

3

Bathrooms

2

Car spaces

642 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 642 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lake Wendouree (last 5 years) with land size: median $2,040/m² of land (n=55). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 1 Sept 2026)

What could make it worth less?

  • FactDESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)
  • FactVEGETATION PROTECTION OVERLAY - SCHEDULE 2 intersects 99.8% of this parcel.(Vicmap Planning · 1 Sept 2026)

What should you verify next?

  1. 1DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2VEGETATION PROTECTION OVERLAY - SCHEDULE 2 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Lake Wendouree report →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Ballarat

Ballarat, VIC

Planning overlays

  • DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 45241850

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown24 June 2026
  2. Listedprice unknowncompleted3 June 2026
  3. Listedprice unknowncompleted3 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 643 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. 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.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 643 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; 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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 643 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    Official parcel about 643 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lake Wendouree in one glance

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.

See the full Lake Wendouree report →

Keep researching

  • Why Lake Wendouree? Read the area thesis →
  • What else is on the market in Lake Wendouree →
  • Other records on Forest St →

Listing material

Listed by McGrath Ballarat

Timeless Elegance & Prestige In A Coveted Lake Wendouree Setting

Positioned within one of Ballarat's most tightly held and prestigious blue-chip pockets, this beautifully presented home offers a rare opportunity to secure low maintenance living just moments from the shoreline of the iconic Lake Wendouree. Showcasing timeless character and contemporary sophistication, the home delivers an enviable lifestyle of luxury, privacy, and effortless elegance.

• Beyond its charming façade, the home unfolds into a beautifully kept home where natural light, premium finishes, and thoughtful design combine to create an atmosphere of warmth and refinement throughout.

• The luxurious master suite serves as a private retreat, complete with elegant plantation shutters, extensive built-in robes, and a beautifully appointed ensuite featuring a spacious walk-in shower and private toilet. The additional bedrooms are equally impressive, with bedroom two offering generous built-in robes, while bedroom three enjoys its own built-in robe and stylish ensuite complete with walk-in shower and toilet.

Read the full description

• Centrally positioned, the oversized family bathroom showcases a built-in bath, oversized walk-in shower, double vanity, and quality finishes throughout.

• Designed to cater effortlessly to both relaxed living and sophisticated entertaining, the expansive open-plan living and dining domain is inviting, spacious, and filled with natural light. Sliding seamlessly through to a north facing covered veranda for that private courtyard sanctuary. This tranquil outdoor setting provides the perfect space for entertaining guests, enjoying a quiet morning coffee, or unwinding in complete serenity.

• At the heart of the home lies a stunning kitchen, expertly appointed with quality gas cooking appliances, dishwasher, walk-in pantry, and an abundance of premium cabinetry and preparation space. Crafted for those who appreciate both style and functionality, this impressive space effortlessly anchors the home.

• Adding further versatility, the formal front lounge offers a private sanctuary enhanced by a feature electric gas log fireplace, creating warmth, ambience, and timeless comfort.

• Meticulously maintained from front to back, the beautifully landscaped gardens have been impeccably cared for and present a truly stunning setting year-round.

• Every detail throughout the residence has been carefully considered to deliver effortless liveability and year-round comfort, with central heating and cooling throughout.

• A built-in study nook further enhances the practicality of the home, perfectly suited for remote work, study, or day-to-day organisation.

• Further elevating the property is the exceptionally well-appointed laundry, complete with extensive cabinetry and ample storage solutions.

• The oversized double garage offers an abundance of additional workspace and storage capacity, ideal for trades, recreational vehicles, or workshop functionality and additional attic storage above the garage including retractable ladder access, all of which complements a secure lock-and-leave lifestyle.

• Perfectly positioned within walking distance to the picturesque foreshore and recreational trails of Lake Wendouree, the home also enjoys proximity to the elite schooling including Ballarat Grammar and Loreto College, Stockland Wendouree Shopping Centre, and Ballarat's thriving café and dining precinct.

• Homes of this calibre, in such an exclusive and tightly held locale, are rarely offered to the market. Defined by elegance, lifestyle, and enduring appeal, this exceptional home truly embodies the prestige and charm with Lake Wendouree living.

Listing description written by Tony Zelencich, McGrath Ballarat — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.