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VIC › Lake Gardens › Limetree Way

32 Limetree Way, Lake Gardens VIC 3355

House

4

Bedrooms

2

Bathrooms

2

Car spaces

355 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 355 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lake Gardens (last 5 years) with land size: median $1,550/m² of land (n=73). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Lake Gardens (last 5 years) with land size have a median of $1,550/m² of land (n=73). 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.

See the full Lake Gardens report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown14 May 2025
  2. Listedprice unknowncompleted9 Apr 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Lake Gardens in one glance

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.

See the full Lake Gardens report →

Keep researching

  • Why Lake Gardens? Read the area thesis →
  • What else is on the market in Lake Gardens →
  • Other records on Limetree Way →

Listing material

Listed by Ray White Ballarat

Stunning Contemporary Home in Highly Sought-After Lake Gardens Locale!

Nestled in a sought-after location in the heart of Ballarat, this exceptional property, recently constructed in 2023 by Hotondo Homes, is a masterpiece of modern living. Boasting a highly desirable address within walking distance of serene Lake Wendouree, the prestigious Ballarat Grammar School, Wendouree Train Station, Stockland Wendouree Shopping Centre, and the vibrant Howitt Street Shopping Precinct, convenience is at your doorstep. With easy access to Mars Stadium, Selkirk Stadium, and the Ballarat Aquatic & Lifestyle Centre, plus the Ballarat CBD just a short 10-minute drive away, this home offers the perfect blend of comfort, style, and convenience.

The size and scale of this home will pleasantly surprise you from the moment you step inside. From the street, it's hard to gauge just how expansive this residence truly is, offering far more than meets the eye. The ground floor features a beautifully appointed master bedroom complete with an ensuite and a custom walk-in robe, ensuring a peaceful retreat. The expansive laundry boasts ample counter and storage space, with a separate powder room for guests offering added convenience.

The heart of the home is the generously sized open-plan kitchen, living, and dining zone, perfect for entertaining. This space flows effortlessly through to a large undercover entertaining area, ideal for hosting friends and family or simply enjoying a quiet evening outdoors. The kitchen is a chef's dream, featuring a 900mm OMEGA oven, a 5-burner gas cooktop, the ability to plumb in the fridge, a BOSCH dishwasher, a microwave cavity, a pantry, a double sink, and plenty of counter and storage space, all highlighted by soft-close cabinetry.

Read the full description

Upstairs, you'll find three additional queen-sized bedrooms, all generously proportioned with built-in robes, ensuring space and comfort for the entire family. A study desk zone has been thoughtfully included to accommodate those working from home. The central main bathroom is both practical and stylish, while the second living zone upstairs offers a balcony with wonderful views - the perfect place to unwind and take in the surroundings.

Externally, the property boasts a grassed backyard with room for the kids or grandkids to play, or for you to create your own dream garden. The current setup will accommodate a trampoline and swing set, or simply a blank canvas for your landscaping ideas. A water irrigation system with pop-up sprinklers is already in place, and you can control it all from your phone, making maintenance a breeze. Freshly laid turf completes the outdoor space, providing an inviting and well-kept area for you to enjoy.

This home is equipped with all the modern comforts you could ask for, including network ports throughout majority of the home, ducted central heating, and ducted evaporative cooling for year-round comfort. The double garage with direct internal access adds a touch of convenience to the practical layout.

Brilliantly positioned in a location that offers both tranquility and easy access to essential amenities, this newly built home offers a truly remarkable lifestyle. The size and scale throughout this property must be seen to be fully appreciated.

Contact the exclusive listing agent Jo Thornton on 0409 356 478 today to arrange your inspection and discover everything this incredible home has to offer. Don't miss out on this unique opportunity!

Listing description written by Jo Thornton, Ray White Ballarat — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.