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 › Elliott St
$810,000
Last sold
15 Dec 2022
2
Bedrooms
2
Bathrooms
1
Car spaces
330 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
$810,000
15 Dec 2022 · derived via latest_sale
Local land rate: recorded House sales in Lake Wendouree (last 5 years) with land size have a median of $2,031/m² of land (n=54). 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
+19.1%
Median sale
Suburb $680,000
-0.53 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.
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 328 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.
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. The listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20. This overlay can reduce what the land size appears to promise. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 328 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
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?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 20. This overlay can reduce what the land size appears to promise.
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 Buxton BallaratHere’s a once in a lifetime opportunity to secure this stunning residence situated in Ballarat's most sought-after locales, our exclusive Lake Wendouree Parade. This magnificent real estate opportunity features an unrivalled lifestyle filled with luxury and the ultimate convenience. A truly rare find of approximately 330m2, with an easy to maintain landscaped front and rear yard, in Ballarat's most prestigious location this home needs to be seen to be believed. Upon entry you are greeted by a sense of warmth and charm, with an abundance of natural light flowing through the entire home with an incredible design.
The open plan kitchen, dining and adjoining living area is the centre piece of the home. The updated kitchen features electric stove top, wall oven, dishwasher and ample storage and overlooks the gorgeous alfresco and court yard area. Situated down the hallway includes the massive master bedroom with walk-in robe and ensuite and one additional bedroom with built in robes. Close by is the family bathroom complete with bath, shower, vanity and separate toilet.
Outside features a private, enclosed outdoor courtyard with manicured garden surrounds - the ideal space to entertain with family and friends. Additional features of this gorgeous property include gas central heating, split system heating and cooling and single lock up garage. Homes of this calibre in such an impressive locale just a stone’s throw from our prestigious Lake Wendouree and walking distance to cafes, train station, hospitals, schools and CBD are just so rare. This home is sure to impress and won’t last, so don’t wait, call now to book your private viewing today.
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.