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VIC › Lake Wendouree › Victoria Ave

42 Victoria Ave, Lake Wendouree VIC 3350

House

4

Bedrooms

2

Bathrooms

1

Car spaces

595 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 595 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Lake Wendouree (last 5 years) with land size: median $2,040/m² of land (n=55). 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 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.

See the full Lake Wendouree 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 unknown3 July 2025
  2. Listedprice unknowncompleted26 June 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 Wendouree in one glance

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.

See the full Lake Wendouree report →

Keep researching

  • Why Lake Wendouree? Read the area thesis →
  • What else is on the market in Lake Wendouree →
  • Other records on Victoria Ave →

Listing material

Listed by Buxton Ballarat

Where Heritage Meets Heart — A Forever Home in Lake Wendouree!

Presenting a rare opportunity to secure a truly exceptional home in one of Ballarat’s most prestigious addresses — 42 Victoria Avenue, Lake Wendouree. Just a few doors from the iconic Lake Wendouree, this impeccably restored Californian Bungalow is a flawless blend of period elegance and contemporary luxury. Positioned on a quiet, tree-lined street, this home offers an enviable lifestyle in a tightly held pocket of Ballarat, surrounded by character homes and unmatched charm.

Step inside and be instantly impressed by the soaring 3m ceilings, spotted gum polished floorboards, intricate cornices, leadlight windows, and stunning decorative fireplaces that define the home’s timeless appeal. The ground level boasts a spacious formal living area, a king-sized master bedroom with a walk-in robe and a luxurious ensuite featuring underfloor heating, spacious walk-in shower, stone benchtops and a heated towel rail. A second king sized bedroom on the ground level includes double built-in robes, picture rails and the perfect space for guests. The well-equipped laundry with a drying cupboard, and a separate powder room also coming off the alfresco area adds everyday convenience. Hydronic heating throughout, ensures year-round comfort and functionality.

Upstairs has been designed with families in mind, featuring a stunning staircase illuminated by Velux skylights that open the space to natural light. A desirable second living zone offers space for a gym and full teen retreat, with an underroof storage nook and built in study desk ideal for kids’ homework with the addition of a split system for all year-round comfort. Two more bedrooms on the upper level with vaulted ceilings, split systems and walk-in robes are serviced by a beautifully finished family bathroom, complete with underfloor heating, double vanity, walk-in shower with floor to ceiling tiles, and a freestanding bath.

Read the full description

The heart of the home lies in its expansive extension with the open-plan kitchen, dining and living zone, where form meets function. The stone waterfall island, induction cooktop, wall oven, grill, and full butler’s pantry make this a chef’s dream. The space flows effortlessly to the stunning alfresco entertaining area, with polished concrete floors, double glazed bifold doors that open to create the perfect indoor-outdoor setting and with the stunning Velux windows again offering an abundance of natural light to the outdoor area. The open plan living space in addition to the hydronic heating has a split system air conditioner. The meticulously maintained backyard offers plenty of space for children or pets, with a garden shed, and rear lane access from Mill Street via an electric gate offers off street parking and the secure single garage off Victoria Avenue for additional secure parking.

Perfectly positioned within walking distance of Lake Wendouree, Ballarat’s best schools, hospitals, train station, and the CBD, this home offers the ultimate in lifestyle and location. Whether you're upsizing, relocating, or seeking something truly special, 42 Victoria Avenue delivers timeless quality, modern luxury, and one of Ballarat's most coveted addresses.

Listing description written by Paul McGourlay, Buxton Ballarat — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Gym
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Shed

Also look at

Also for sale in Lake Wendouree

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  • 3/1320 Gregory St, Lake Wendouree VIC 3350

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  • 25-27 Burnbank St, Lake Wendouree VIC 3350

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  • 122B Burnbank St, Lake Wendouree VIC 3350

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    For sale
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.