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
$1,650,000
Last sold
5 Feb 2026
4
Bedrooms
3
Bathrooms
3
Car spaces
1,172 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
$1,650,000
5 Feb 2026 · derived via latest_sale
Local land rate: recorded House sales in Lake Wendouree (last 5 years) with land size have a median of $2,084/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
+142.6%
Median sale
Suburb $680,000
-1.95 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
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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.
The official layer maps a heritage listed area on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.
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 1,179 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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.” Heritage constraint may block demolition or dual occupancy even on a large block. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,179 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO166). Heritage can block demolition and dual occupancy even when land size looks like a site. 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. Heritage constraints are a maintenance and alteration cost, not usually a rent premium by themselves.
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
Loaded constraints look like they kill a naive land-size story. Pay house money, or walk, until a planner confirms a pathway.
Detail
Official parcel about 1,179 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO166). Heritage can block demolition and dual occupancy even when land size looks like a site.
Nearby competing dwellings and net yield are still unknown.
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 1,179 m². Dual occupancy looks constrained by site overlays or terrain. Two-lot subdivision looks unlikely on the loaded constraints. 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?
KnownmediumOfficial parcel about 1,179 m² — land size can look like optionality. What reduces it: HERITAGE OVERLAY (HO166). Heritage can block demolition and dual occupancy even when land size looks like a site.
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 Ballarat Real EstateStep into the timeless charm of this stunning heritage home, built circa 1860. Ideally positioned between 2 popular cafés & just a block from the lake, this residence offers unparalleled convenience. It's within easy reach of top schools, Ballarat Grammar & Ballarat Clarendon College, the CBD, shops, medical facilities, & Ballarat train station.
Set on an expansive 1172m2 (approx.) block, this home blends classic elegance with modern amenities & contemporary design. Heritage features include a return veranda adorned with original lacework, feature fireplaces & soaring 3.6m ceilings throughout. The open-plan lounge & dining boast floor-to-ceiling windows, creating an inviting atmosphere filled with natural light. Bi-fold doors connect the interior to a large deck & pergola, perfect for entertaining family & friends.
The gourmet kitchen featuring a butler's pantry & servery window ensures both functionality & style. There is a wood heater in the main living area & a separate, cosy TV area. A 3rd large living space has quality built-in bookshelves & grand original windows creating the ultimate formal lounge or reading room.
The grand master suite complete with a walk-through robe & luxurious ensuite features a separate bath & walk-in shower. The second BR also offers its own ensuite & BIR while the remaining 2 BRs are very spacious. The main bathroom with shower over bath & Illume skylight offers plenty of space for the whole family.
Serviced by hydronic heating throughout & a split system. This high-tech home is equipped with automated gates & a remote alarm security system, video doorbell, & smart locks for keyless entry. The smart lighting system & Alexa offer convenient voice control.
Outside, a large garden studio doubles as a home office, with a private sunny patio. The property also includes a single car remote control garage/workshop & an additional garden shed. The beautifully landscaped gardens feature established pathways, a large lawn, & multiple outdoor living spaces, including an outdoor kitchen & fire pit. Established trees & hedges ensuring privacy include a stunning ancient oak tree, silver birches & wisteria.
This exquisite property combines historical elegance with contemporary convenience, creating an ideal home for those looking for the complete package ready to move in & enjoy.
Don't miss your chance to own a piece of Lake Wendouree's history. Contact Dominic Morrison on 0409 557 461 for a private viewing today!
Listing description written by Dominic Morrison, Ballarat Real Estate — reproduced as published, not verified by Districts.
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