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
$1,200,000
Last sold
1 Feb 2020
4
Bedrooms
2
Bathrooms
11
Car spaces
1,631 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
$1,200,000
1 Feb 2020 · 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
+76.5%
Median sale
Suburb $680,000
-1.43 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
TRANSPORT ZONE 1 - STATE TRANSPORT INFRASTRUCTURE
TRZ1
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 TRANSPORT ZONE 1 - STATE TRANSPORT INFRASTRUCTURE · TRZ1 (ZN). Official parcel area about 1,576 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. Official parcel about 1,576 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
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 TRANSPORT ZONE 1 - STATE TRANSPORT INFRASTRUCTURE · TRZ1 (ZN). Official parcel area about 1,576 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?
KnownlowOfficial parcel about 1,576 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
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 BallaratIf you’re looking for the perfect family home, then this is it! In undoubtedly one of Ballarat’s Premier Locales, just a stone’s throw from Lake Wendouree, walking distance to Howitt Street shopping precinct, medical facilities, schooling, close proximity to Ballarat CBD, Wendouree railway station and public transport, this truly is an outstanding opportunity not to be missed. Comprising four large bedrooms plus study / home office, two magnificent living areas, stunning feature central courtyard all set on a massive land holding of approx. 1550m2, this is living.
The master bedroom is of grand proportions and positioned at the rear of the home making it the private getaway complete with ceiling fan, large walk-in-robe, full ensuite with large shower, double vanity and separate toilet. The three additional bedrooms are of queen-sized proportions and also incorporate ceiling fans and full wall to wall built-in-robes. From the entrance foyer you’ll be greeted with polished timber floorboards flowing through to a warm and inviting front formal lounge with gas log fireplace, adjoining dining / meals area flowing into the open plan new kitchen with stone bench tops, induction hot plates, Westinghouse oven and full butler’s pantry complete with sink and ample cupboards / storage. The hallway from the kitchen leads through to family bathroom which has been completely modernised featuring large shower, separate bath, vanity and toilet. Continuing through the home through to large central study / home office with air conditioner, overlooking decked central atrium / alfresco area, the ideal spot to BBQ and entertain with friends complete with natural gas, built in sink and bar fridge.
If that’s not enough perhaps the piece of résistance is the massive north facing extension incorporating a wonderful informal family living room overlooking the magnificent rear yard with established trees and garden surrounds.
Additional features of this stunning home include two separate gas central heating units (front and back of house), 2 hot water services, 6 car garage plus another 5 car garage at rear of the property (11 car garaging in total with additional height for caravan / motor home), garden sheds, 28,000 litre water tank plus separate 2,000 litre tank, fruit trees, veggie garden, chook yard and ample space for tennis court and swimming pool.
This truly is a once in a lifetime opportunity in premiere locale not to be missed and sure to impress so don’t wait, call now to book your private viewing today.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.