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 › Silo Cl
$1,235,000
Last sold
30 Jan 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
471 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
Last sold
$1,235,000
30 Jan 2024 · 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
+81.6%
Median sale
Suburb $680,000
-1.49 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 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.
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.
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 Buxton BallaratWelcome to 2 Silo Close, where modern elegance and style meet refined living in the Ballarat Lake Wendouree precinct. This stunning, cleverly designed and custom-built single-story home is perfectly positioned in a much sought-after location. It is nestled in a quiet Close and provides luxury living just moments from the beautiful Lake Wendouree and the many amenities of inner city living.
As you step inside, you’ll be captivated by the seamless flow, light and clear lines of a high-end quality residence. The spacious kitchen, dining and lounge areas provide the perfect backdrop for relaxed living and entertainment. Double glazing and hydronic heating throughout, together with north facing glass ensure year-round comfort and climate control.
The elevated ceiling in the lounge and dining areas adds a sensational touch, creating a light filled and spacious feel, perfect for gatherings with family and friends. Remote controlled clerestory windows assist cross ventilation when required, supported if necessary by a modern split system for cooling.
The state-of-the-art kitchen and pantry, and premium appliances are a chef’s dream, with sleek cabinetry, ample counter space and extensive storage supporting the central role of dining in family and social life. These features are a highlight of the house.
The residence offers three generously sized bedrooms, one currently used as a study. The main bedroom comes equipped with walk in robes, the second with built in robes and the third with an office and reading room set-up. This could be easily converted to bedroom use. A spacious ensuite to the main bedroom features a large open shower, as does the second bathroom.
Step outside and you’ll discover a beautifully landscaped, low maintenance outdoor area, a large deck and lovely specimen trees. There is a charming fishpond and water feature. The block size is 471m2 , the house is 176m2, and the garage 63m2. The garage includes extensive purpose-built storage as a workshop or additional kitchen support area.
Don’t miss your chance to own this remarkable lakeside retreat. New, purpose-built houses in the lake area are a rarity. This property promises a lifestyle of low maintenance, energy efficiency, comfort and convenience. Contact us today to arrange a viewing. A beautiful home awaits!
Listing description written by Mark Nunn, Buxton Ballarat — reproduced as published, not verified by Districts.