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 › Burnbank St
$1,350,000–$1,395,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
4
Car spaces
553 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
$1,350,000–$1,395,000
Asking range · $2,441/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
+98.5%
Median sale
Suburb $680,000
-1.64 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.
$81,213 on top of the price (6.0% 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.
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 1.7%. 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 McGrath BallaratPositioned within one of Lake Wendouree's most tightly held and prestigious streets, this impeccably renovated residence presents an exceptional combination of luxury, space and practicality, with a calibre of features rarely found in this blue-chip location. Offering three generous bedrooms including a ground-floor master suite, three separate living areas, a genuine four-car garage and substantial shedding, the home is perfectly suited to discerning downsizers seeking space without compromise, those considering a tree change to Ballarat, or families wanting an exceptional lifestyle within walking distance of Ballarat Grammar School.
Showcasing premium Blackbutt flooring, luxurious wool carpets, beautifully renovated bathrooms and a designer kitchen illuminated by Velux skylights, every element has been thoughtfully considered. Quality climate control throughout, a protected pergola entertaining area and a private, established backyard further enhance the home's effortless liveability. For downsizers, the ground-floor master suite and extensive garaging provide the practicality of predominantly single-level everyday living without sacrificing space for visiting family, hobbies or treasured vehicles.
Enjoying picturesque glimpses of Lake Wendouree and positioned only steps from the foreshore, the location is equally impressive. Ballarat Grammar School is within easy walking distance, creating an outstanding option for families considering the move to Ballarat rather than boarding, while still offering the space, lifestyle and amenity that makes a regional tree change so appealing. With cafés, supermarkets, walking trails and sporting facilities all close by, this is a rare opportunity to secure a high-end home in one of Ballarat's most sought-after addresses.
• Beautifully renovated three-bedroom, two-bathroom home showcasing modern elegance and exceptional attention to detail throughout.
• Prestigiously positioned in one of Lake Wendouree's most sought-after streets, just moments from the lake foreshore, walking trails, sporting facilities, cafés and everyday amenities.
• An exceptional proposition for downsizers seeking a luxurious, low-maintenance lifestyle while retaining generous living spaces, substantial garaging and room for visiting family and friends.
• Ideally suited to those considering a tree change to Ballarat, combining the space and tranquillity of regional living with outstanding access to schools, shopping, dining and the city centre.
• Ballarat Grammar School is within easy walking distance, presenting families with an attractive alternative to boarding and the opportunity to live close to school while embracing the Lake Wendouree lifestyle.
• Stunning Blackbutt timber flooring flows throughout the living spaces, perfectly complemented by luxurious 100% wool carpets that add warmth, comfort and sophistication.
• The designer kitchen has been thoughtfully crafted for both everyday living and entertaining, featuring striking granite benchtops, an induction cooktop, dual ovens, dishwasher and premium electric push-open cupboards and drawers.
• An impressive ground-floor master suite offers a private retreat, complete with a beautifully appointed ensuite and expansive robe space designed to accommodate even the most extensive wardrobe.
• Two additional generously proportioned bedrooms provide wonderful space for family members or guests and are serviced by a stunningly renovated central bathroom.
• Three separate living areas provide exceptional flexibility, allowing families to spread out while giving downsizers the freedom to accommodate guests, create a home office or simply enjoy additional space.
• Zoned hydronic heating throughout the home allows individual areas to be tailored for personalised comfort and luxury.
• Upstairs ducted heating and cooling, combined with downstairs reverse-cycle heating and cooling, provides effortless climate management across both levels.
• A stylish gas log fireplace creates a warm and inviting focal point within the formal lounge, perfect for relaxing during the cooler months.
• Premium double-glazed windows and doors throughout significantly enhance energy efficiency while also providing excellent acoustic insulation from the outside world.
• Quality dual drapery throughout the home adds an additional layer of elegance, privacy and year-round comfort.
• Abundant natural light fills the home thanks to thoughtfully installed Velux skylights and Illume solar lighting, creating bright and welcoming living spaces.
• Ceiling fans to all bedrooms further enhance comfort and airflow throughout the seasons.
• A well-designed laundry incorporates a heated drying cupboard, extensive storage options and practical under-stair storage solutions.
• The updated balcony offers a tranquil space to unwind while enjoying picturesque glimpses towards iconic Lake Wendouree.
• Established gardens are supported by an automated irrigation system, ensuring beautiful presentation with minimal maintenance.
• A genuine four-car garage is a particularly rare offering in this location, providing outstanding space for vehicles, recreational equipment, a prized car collection or additional storage.
• The substantial rear shed has been fully lined, creating a versatile space ideal as a home gym, executive office, studio, workshop or teenager's retreat.
• The beautifully maintained rear yard is complemented by a separate utility area, delivering outstanding practicality without compromising outdoor enjoyment.
• Rarely does a home of this calibre become available in such a tightly held Lake Wendouree location, offering an exceptional opportunity for downsizers, tree changers and families seeking luxury, lifestyle and proximity to one of Ballarat's leading schools.
Listing description written by Sarah Skinner, McGrath Ballarat — reproduced as published, not verified by Districts.
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