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 › Gregory St
3
Bedrooms
2
Bathrooms
6
Car spaces
609 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
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 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 611 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 611 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO186); VEGETATION PROTECTION OVERLAY - SCHEDULE 2; 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 611 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO186); VEGETATION PROTECTION OVERLAY - SCHEDULE 2; 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 611 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 611 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO186); VEGETATION PROTECTION OVERLAY - SCHEDULE 2; 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 BallaratNestled in a wide, tree-lined street just a short stroll from the picturesque Lake Wendouree, this classical and stylish brick home is a rare opportunity to own a property that seamlessly blends character with comfort. Offering a lifestyle of convenience, you'll find local cafes, parks, recreational facilities, and walking tracks right at your doorstep.
• From the moment you step inside, the grand entry hallway immediately impresses, with polished timber flooring, stunning leadlight windows, and high ceilings adorned with ornate cornicing and ceiling roses, creating a sense of timeless elegance.
• The formal lounge exudes warmth and charm, featuring a large front-facing window that floods the room with natural light, French doors leading to adjoining spaces, and a classic open fireplace for cozy winter evenings.
• A light-filled open-plan kitchen and dining area is the heart of the home, showcasing stone benchtops, quality stainless steel appliances, a dishwasher, and ample storage, perfect for entertaining or everyday family meals.
• Three generously sized bedrooms provide comfort and privacy, with the main bedroom located at the front of the home and fitted with expansive built-in robes for convenient storage.
• Two beautifully updated bathrooms offer modern luxury, featuring floor-to-ceiling tiling, sleek vanities, spacious showers, and a bathtub in one.
• Outside, the low-maintenance established gardens create a tranquil setting, offering a perfect balance of greenery and functionality for busy lifestyles.
• A spacious concrete area, complete with a basketball ring, is ideal for recreational activities or entertaining, while a dedicated fire pit area adds a cozy touch for cooler evenings.
• The standout feature of the property is the impressive 6m x 10m shed, providing endless possibilities as a storage space, home workshop, or even a games room for family and friends.
• The home is equipped with a solar power system, enhancing energy efficiency and reducing utility costs.
• Perfectly positioned in one of Ballarat's most sought-after locales, this property combines classical charm with modern amenities, just moments from Lake Wendouree's scenic beauty and vibrant lifestyle.
Listing description written by Sean Toohey, McGrath Ballarat — reproduced as published, not verified by Districts.