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 › The Boulevarde
$2,400,000
Last sold
21 June 2022
5
Bedrooms
2
Bathrooms
2
Car spaces
719 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
$2,400,000
21 June 2022 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
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
+252.9%
Median sale
Suburb $680,000
-2.37 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 Ballarat Real EstateA full renovation & complete re-build of upstairs means the proud new owner of this timeless home has nothing to do except move in and enjoy a lifestyle that a property and location of this calibre has to offer. Consisting of five bedrooms, two living zones, study, three bathrooms, two powder rooms and double garage the space alone will have you in awe of this prestigious property. Stepping through the front door, your eyes are immediately drawn upwards to the soaring floor to upper storey ceiling, that is paired perfectly with the stunning chandelier. The Foyer leads you to the open natural light-filled kitchen and dining areas. The kitchen has 50mm stone benchtops throughout, Miele 1050mm Induction Cooktop, twin under bench Miele ovens, integrated dishwasher and a modern under-mount double sink. Tucked neatly behind the kitchen is the WIP and a space for the fridge. To complete this zone is an impressive walk-in wine cellar. Adjoining the dining area is the lower lounge with views through to Lake Wendouree. Outside are the new alfresco and patio areas, giving you ample options for enjoying the outdoors amongst the fully landscaped gardens. Downstairs you'll also find the first of two Main Bedrooms. An oversized space with large joinery-fitted walk-in-robe, floor-to-ceiling tiled ensuite with Walk-in-shower, huge double vanity, WC & heated towel rail. Completing downstairs is the spacious laundry with access to DLUG and separate powder room.
Upstairs is the rumpus room with adjoining study, three large bedrooms with built-in robes and space for a desk. The main bathroom has floor-to-ceiling tiles, frameless walk-in shower, free-standing bath and beautiful vanity. A separate powder room is located next to the bathroom. Completing upstairs in the huge second main bedroom with views to Lake Wendouree and parkland. With joinery fitted WIR and separate ensuite with floor-to-ceiling tiles, frameless walk-in shower, WC and a beautiful vanity ties this space together perfectly. This home comes with all the mod-cons, creature comforts. Quality window & floor furnishings, top-of-the-range joinery and plumbing fixtures and the colour palette is sophisticated. New hydronic heating panels to every room, ducted reverse cycle heating and refrigerated cooling and gas log fire to lounge. A back-to-base alarm system gives you the peace of mind. A home of this finesse is a rare gem in arguably one of the best addresses in town. Contact Damian Larkin on 0417 088 755.
TH1905
Listing description written by Damian Larkin, Ballarat Real Estate — reproduced as published, not verified by Districts.