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 › Stirling Dr
$770,000
Last sold
31 Jan 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
701 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
$770,000
31 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Lake Gardens (last 5 years) with land size have a median of $1,556/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
-3.1%
Median sale
Suburb $795,000
+0.09 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 Buxton BallaratNestled in the coveted Lake Gardens suburb, 54 Stirling Drive is a true gem that offers the perfect blend of comfort, style, and convenience. This former Display Home boasts a spacious and thoughtfully designed 4-bedroom layout with an additional study, ensuring that you have all the space you need for a growing family or to accommodate your evolving lifestyle.
The four generously sized bedrooms in this home all come equipped with Built-In Robes (BIRs), providing ample storage space for your belongings. The master bedroom is a true sanctuary, featuring an ensuite offering a touch of luxury and privacy.
The heart of this home is the light-filled lounge, complete with its own gas heater, ensuring cozy gatherings and relaxed evenings with family and friends. Additionally, there is a separate living area at the front of the home, perfect for creating a more intimate atmosphere or as a versatile space for various uses.
Your comfort is a top priority here. The property is equipped with ducted gas heating and evaporative cooling, ensuring a pleasant environment throughout the year. Quality curtains and drapes add an elegant touch to the interiors, and an alarm system provides security and peace of mind.
The kitchen is a chef's dream with a gas cooktop, electric oven, and a roomy pantry, making meal preparation a breeze. The adjoining dining area is the ideal space for family meals, offering a warm and inviting atmosphere.
One of the standout features of the house is the large, light-filled sunroom. This versatile space can be customized to suit your needs, whether it's a home office, a playroom for the kids, or a tranquil retreat to enjoy the beautiful views of the garden.
A double lock-up garage (DLUG) provides secure parking for your vehicles and additional storage space, making day-to-day life more convenient.
The property is situated on a generous 701m2 corner block, allowing you to enjoy spacious, well-maintained gardens. These gardens provide an opportunity for outdoor activities and relaxation, and they also contribute to the overall curb appeal of the property.
54 Stirling Drive is not just a house; it's a lifestyle. The sought-after Lake Gardens suburb offers a peaceful and family-friendly environment while being in close proximity to essential amenities, schools, Lake Wendouree and other recreational opportunities.
Don't miss the chance to make this meticulously maintained property your new home. If you're looking for a perfect blend of style, comfort, and convenience, schedule a visit to 54 Stirling Drive and discover the incredible possibilities it has to offer. This home is a testament to fine living in a highly desirable location. Contact Bernie today to arrange a viewing and make your dream a reality.
Listing description written by Liam Crowley, Buxton Ballarat — reproduced as published, not verified by Districts.
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