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 Chester Ave
$1,607,900
Last sold
21 June 2022
5
Bedrooms
3
Bathrooms
3
Car spaces
671 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
$1,607,900
21 June 2022 · derived via latest_sale
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
+102.3%
Median sale
Suburb $795,000
-1.43 pp
Gross yield
Suburb 2.83%
Suburb median $795,000 from 19 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 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 Ballarat Real EstateWelcome to 36 St Chester Ave, Lake Gardens. The Georgian-style home sits proudly in a quiet street on a huge 671m2 allotment overlooking a peaceful waterway and the 4th fairway of the Ballarat Golf Club. Entry is via the fully-fenced front yard with manicured gardens. The double doors that open up to the grand foyer set the tone for this home, with detailed cornice, 9-foot ceilings and high series doors throughout giving a sense of grandness. The formal living room with gas-log fireplace is the first room on the right. Across the hallway is a King-sized Master bedroom with a WIR and a deluxe-sized ensuite complete with double vanity & huge Walk-in-shower. This space is ideal for those wanting to live completely downstairs or potentially as a guest bedroom. Continuing down the porcelain tiled hallway is a formal dining room as well as a home office/5th bedroom to the right. Completing the downstairs section is the open plan kitchen, meals and family zone. The spacious kitchen is a chef's dream with quality 900mm appliances, dishwasher, granite benchtops, ample storage and a corner pantry. Adjoining the kitchen is a huge laundry with direct access to outside and rear roller door leading to the single car garage. The downstairs powder room is neatly tucked away also. The dining area has a lovely bay window that overlooks the impeccably manicured low-maintenance backyard. The relaxed family area leads to the all-seasons alfresco area via the bi-fold doors, the perfect space for entertaining with ample room for a large dining table, BBQ and lounge seating.
Upstairs you'll discover two generously sized bedrooms with BIRs and a central bathroom with separate toilet. At the front of the upstairs area is the perfect retreat area complete with a balcony overlooking the waterway and Ballarat Golf Course. Adjoining the retreat is the upstairs main bedroom, which is the same size as the downstairs bedroom, with WIR and deluxe-sized ensuite complete with double vanity & huge Walk-in-shower. This space is ideal as the parents' or older teens' retreat space. With spaces for 3 cars in a double and a single garages flanking either side of the home, central heating and evaporative cooling ensure year-round comfort, walking distance to the Ballarat Aquatic and Lifestyle Centre, Lake Wendouree & Botanic Gardens, and a short drive to everything the Ballarat has to offer. Contact Damian Larkin today to avoid missing out.
Listing description written by Damian Larkin, Ballarat Real Estate — reproduced as published, not verified by Districts.
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