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 › Drummond Street North
$1,490,000
Last sold
3 Feb 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
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
$1,490,000
3 Feb 2022 · derived via latest_sale
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
+119.1%
Median sale
Suburb $680,000
-1.80 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 Ballarat Real EstateThis luxurious home has been completed to the highest standard and is positioned in one of Ballarat's finest tree lined boulevards. The location promotes an enviable lifestyle for its close proximity to Lake Wendouree, Ballarat Train Station, hospital precinct and CBD. The home has been renovated and developed with no expense spared allowing the lucky purchaser to move in and enjoy what is an entertainers dream. The historic original part of the home if full of character but has been completely rebuilt to create what is essentially a brand new home. The grand entrance hall showcases some of the period features such as sweeping high ceilings, polished timber floorboards and intricate timber work. The master bedroom has walk in robe and stunning ensuite with floor to ceiling tiles. The other bedrooms are a good size and have built in robes. The chefs kitchen has a large butler's pantry, Miele appliances including a steam oven and marble bench tops. The living area is large and light filled while there is a separate second lounge with cosy gas log fire. There is a grand dining room with French doors out to an enclosed courtyard with jacuzzi and outdoor shower. The main bathroom is very spacious with shower over bath. Other features inside include gas central heating, refrigerated cooling, security system and direct access to an oversized remote garage. Outside your main undercover entertaining area has an automatic roof that opens at the touch of the button to allow the sun through, open fire with accessories to BBQ and cook pizzas and outdoor fridge. The garden is fully landscaped with further off street parking accessible by an automatic gate. This is one of Ballarat's highest quality homes in a prestigious and convenient location, call the exclusive listing agent Dominic Morrison on 0409 557 461 to arrange an inspection today.
JD2101
Listing description written by Dominic Morrison, Ballarat Real Estate — reproduced as published, not verified by Districts.
Also look at
10B Grove St, Lake Wendouree VIC 3350
0-bed land for sale. Asking $995K–$1.08M.
3/1320 Gregory St, Lake Wendouree VIC 3350
3-bed townhouse. Asking $1.1M–$1.13M.
25-27 Burnbank St, Lake Wendouree VIC 3350
5-bed house. Asking $3M–$3.3M.
122B Burnbank St, Lake Wendouree VIC 3350
3-bed house for sale. Asking $1.35M–$1.4M.