Lake Gardens at a glance
1,722
People
$795,000
Median sale
$433/wk
Median rent
2.83%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
VIC › Lake Gardens › St Andrews Pl
$1,150,000–$1,195,000
For sale
Asking range
$1,085,000
Last sold
26 May 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
560 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
Asking
$1,150,000–$1,195,000
Asking range · $2,054/m² of land
Last recorded sale $1,085,000 (26 May 2023).
Local land rate: recorded House sales in Lake Gardens (last 5 years) with land size have a median of $1,533/m² of land (n=72). Districts calculation from recorded sales — not a valuation.
Lake Gardens at a glance
1,722
People
$795,000
Median sale
$433/wk
Median rent
2.83%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Vs Lake Gardens
+44.7%
Median sale
Suburb $795,000
-0.87 pp
Gross yield
Suburb 2.83%
Suburb median $795,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$69,745 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lake Gardens's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.
Nearby
Area
Lake Gardens at a glance
1,722
People
$795,000
Median sale
$433/wk
Median rent
2.83%
Suburb gross yield
Median sale from 19 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Buxton BallaratProudly presenting this captivating family residence, ideally positioned in the highly sought-after Lake Gardens precinct and sure to impress from the moment you arrive. Set on an allotment of approximately 560m² and framed by beautifully established gardens, this impressive double-storey home enjoys direct access to the 4th hole of the Ballarat Golf Course and is just a short 10-minute drive from the Ballarat CBD—offering an exceptional lifestyle opportunity in a blue-chip location.
Upon entry, you are welcomed by a warm and inviting foyer that sets the tone for the quality and space throughout. A formal living area positioned at the front of the home provides the perfect place to relax and unwind, while the king-sized master suite offers comfort and privacy, complete with a walk-in robe and a full ensuite featuring a shower, vanity and separate toilet. Polished timber floorboards flow throughout the lower level, leading to two additional bedrooms, both fitted with built-in robes and serviced by the central family bathroom with shower, bath and separate toilet.
The lower level continues to impress with sliding doors opening to the rear yard and a ground-level undercover alfresco, creating an ideal space for family enjoyment and effortless entertaining.
Upstairs, the home truly comes into its own with a spacious open-plan kitchen, dining and living zone designed to take full advantage of the elevated golf course outlook. The stunning kitchen is a standout, boasting an oversized island bench, stone and timber benchtops, 900mm gas cooking, oven, pot drawers, dishwasher and a large pantry. Also located upstairs is the fourth bedroom with built-in robe, conveniently positioned near a powder room.
The upper-level living area seamlessly extends to a generous undercover alfresco and deck overlooking the Ballarat Golf Course. Complete with ceiling fans and remote-controlled blinds, this exceptional space is perfect for entertaining or simply relaxing while taking in the breathtaking views and tranquil surrounds.
Additional features include ducted gas central heating, evaporative cooling, three toilets, side access, a double lock-up garage and a garden shed with space for a golf buggy. Perfectly positioned just moments from the Ballarat Golf Club Bistro and Bar and within walking distance to Lake Wendouree, Wendouree Train Station and the Ballarat Aquatic Centre, this modern and stylish home offers an outstanding lifestyle opportunity. An inspection is sure to impress—contact us today to arrange your private viewing.
Listing description written by Peter Burley, Buxton Ballarat — reproduced as published, not verified by Districts.