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
$1,200,000
Last sold
29 May 2020
5
Bedrooms
4
Bathrooms
4
Car spaces
980 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
$1,200,000
29 May 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 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 BallaratA unique opportunity to live the ultimate resort lifestyle right in the heart of the CBD and a stone’s throw from our stunning Lake Wendouree .This stunning family home is of grand proportions and showcases exceptional family living standards featuring an abundance of natural light on a massive allotment of approx. 980m2 with manicured low maintenance garden surrounds and a sensational in ground swimming pool. Upstairs the home comprises four bedrooms, including the massive master suite featuring huge walk-in-robe, full ensuite with double vanity, heated towel rack, shower and toilet, plus three additional queen-sized bedrooms with built-in-robes, kids retreat / play room, study nook or parent’s retreat / sitting area, stylish family bathroom with vanity, heated towel rack, shower and corner spa bath and a separate toilet. Downstairs comprises elegant front formal lounge and dining room with open fire place, study or 5th bedroom, powder room with separate toilet and huge family laundry complete with ample bench space, cupboards, laundry chute from upstairs and direct access to outside.
The entrance hallway is grand and leads to a sensational open plan family living area with vast floor to ceiling windows allowing plenty of natural light overlooking the magnificent paved entertaining area and rear yard to watch the family swim and play. Incorporating a stunning kitchen with quality stainless steel appliances, double oven, SMEG gas hot plates, Bosch dishwasher and granite bench tops this home is sure to impress. The outdoor area is private and secure consisting of a paved alfresco entertaining area, fruit trees and an in-ground self-cleaning 10.5m x 4.5m chlorinated/saltwater, solar heated pool with shade sail. Adjoining the pool is a self-contained pool house or guest house with kitchenette, additional third bathroom, surround sound speakers, reverse cycle heating and cooling and separate hot water system making this the ultimate entertainer or teenage retreat.
Additional features include gas central heating throughout, evaporative cooling upstairs, honeycomb blinds for heat and cooling insulation, polished timber parquetry floors, pure wool carpets, zoned back to base monitored alarm system, 2 x 4500 litre tanks, plenty of storage areas and electric front gates to double carport and double lock up garage. This truly is a statement piece 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.
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