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 › Faversham Ave
$790,000–$810,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
643 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
Asking
$790,000–$810,000
Asking range · $1,229/m² of land
No recorded sale for this property.
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
-0.6%
Median sale
Suburb $795,000
+0.02 pp
Gross yield
Suburb 2.83%
Suburb median $795,000 from 19 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$48,123 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lake Gardens's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Property AgentsSet within the prestigious Lake Gardens community, this beautifully refreshed residence offers the perfect blend of family functionality, generous living spaces and an enviable lifestyle location. Positioned on approximately 643m², the home has been freshly painted throughout and presents an outstanding opportunity for families, professionals or investors looking to secure a home in one of Ballarat's most sought-after pockets.
Thoughtfully designed to accommodate modern family living, the home boasts four generous bedrooms, highlighted by a spacious master suite complete with walk-in robe and private ensuite. The remaining bedrooms are well positioned around a central family bathroom, ensuring comfort and practicality for growing families with the fourth bedroom allowing flexibility as a home office if desired. Multiple living zones provide plenty of room for everyone to spread out, relax and entertain, while the well-equipped kitchen forms the heart of the home. Offering extensive bench space, excellent storage, gas cooking, an electric oven and dishwasher, it effortlessly overlooks the dining and living areas to create a highly functional family hub.
Designed for year-round enjoyment, the home is equipped with central heating and a split-system for climate comfort in every season. Outdoors, a generous north-facing covered entertaining area overlooks the secure backyard, providing the perfect setting for family gatherings, weekend barbecues and relaxed outdoor living. Established landscaped gardens enhance the home's street appeal, while mature apple and cherry trees create a delightful backyard experience where children can enjoy picking fresh fruit straight from the tree. The spacious yard offers plenty of room to play, with additional scope to accommodate caravan, trailer or extra vehicle storage through potential side access. Completing the package is a double lock-up garage with internal access and convenient drive-through access to the rear yard.
Perfectly positioned within highly regarded school zones and only moments from Wendouree, Train Station, Lake Wendouree, Sporting Facilities, the Ballarat Botanical Gardens, shopping, cafes and everyday amenities, this address delivers a lifestyle of exceptional convenience. With easy access to the Ballarat CBD and freeway connections to Melbourne, this is a home that combines location, space and lifestyle in one impressive offering.
Listing description written by Lisa Eden-Horvat, Ballarat Property Agents — reproduced as published, not verified by Districts.