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1 Scarlet Drive
Lake Gardens VIC 3355

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Floor area: 449m2
Land area: 506m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Medium Confidence
Last updated 6 Jan 2025
Low

High
$1.20M
$1.30M
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Property Details for 1 Scarlet Dr, Lake Gardens

1 Scarlet Dr, Lake Gardens is a 5 bedroom, 5 bathroom House and was built in 2023. The property has a land size of 506m2 and floor size of 449m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2023
Floor Size
449m2
Land Size
506m2
Local Government
Ballarat
Lot/Plan
1/PS721918

Last Listing description (July 2021)

Build your dream home on this corner allotment. At 16m wide, the lot lends itself to a wide range of building plans. Further opportunity to purchase the lot next door.

Situated within walking distance of the Wendouree Train Station & the Ballarat Botanical Gardens, on the shores of Lake Wendouree.


North Gardens Reserve 200m
Ballarat Grammar 1500m
Stockland's Wendouree Shopping Centre 800m
Loretto College 2.5km
Ballarat & Clarendon College 3km
Ballarat Aquatic & Lifestyle Centre 1100m

Please call Tim today.

Property History for 1 Scarlet Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$430,000
07 Jul 2021
  • 07 Jul 2021
    Sold for $430,000
  • 09 Jul 2020
    Listed for Sale $440,000
  • 29 Jan 2015
    Sold for $230,000

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About Lake Gardens 3355

The size of Lake Gardens is approximately 1.2 square kilometres. It has 3 parks covering nearly 17.1% of total area. The population of Lake Gardens in 2011 was 1,665 people. By 2016 the population was 1,708 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Gardens is 10-19 years. Households in Lake Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Gardens work in a professional occupation. In 2011, 69.6% of the homes in Lake Gardens were owner-occupied compared with 68% in 2016.

Lake Gardens has 933 properties. Over the last 5 years, Houses in Lake Gardens have seen a 25.85% increase in median value, while Units have seen a -3.07% decrease. As at 31 December 2024:

  • The median value for Houses in Lake Gardens is $813,525 while the median value for Units is $501,408.
  • Houses have a median rent of $460.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 35 properties were sold in the past 12 months in Lake gardens.

What's around 1 Scarlet Dr, Lake Gardens

1 Scarlet Dr, Lake Gardens is in the school catchment zone for Wendouree Primary School and Ballarat High School.

Nearby Schools
Comparable Properties
Wendouree Primary School
0.67km
Wendouree 3355
IN CATCHMENTPrimaryGovernmentP - 6Combined143 Enrolled
Ballarat Grammar
0.88km
Wendouree 3355
CombinedNon-GovernmentP - 12Combined1423 Enrolled
Ballarat Specialist School
1.19km
Address not found
SpecialGovernmentCombined465 Enrolled
Ballarat High School
1.47km
Address not found
IN CATCHMENTSecondaryGovernment7 - 12Combined1423 Enrolled
Yuille Park P-8 Community College
1.57km
Wendouree 3355
CombinedGovernmentP - 8Combined249 Enrolled
Loreto College
1.7km
Lake Wendouree 3350
SecondaryNon-Government7 - 12Combined918 Enrolled
Our Lady Help of Christians School
1.87km
Brunswick East 3057
PrimaryNon-GovernmentP - 6Combined316 Enrolled
St Patrick's College
2.2km
Newington 3350
SecondaryNon-Government7 - 12Combined1364 Enrolled
Ballarat Clarendon College
2.26km
Newington 3350
CombinedNon-GovernmentP - 12Combined1326 Enrolled
Pleasant Street Primary School (Ballarat)
2.27km
Lake Wendouree 3350
PrimaryGovernmentP - 6Combined346 Enrolled

Suburb Insights for Lake Gardens 3355

Market Insights
Lake Gardens Trends for Houses
Median Value

$814k

6.39%
View Trend
Median Growth

-7.54%

View Trend
Median Rent

$460/W

2.79%
View Trend
Rental Yield

3.03%

5.21%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (01/24 - 12/24)
Lake Gardens Trends for Units
Median Value

$501k

4.42%
View Trend
Median Growth

-9.58%

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

4.46%

24.23%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (01/24 - 12/24)
Neighbourhood Insights
Age

Population 1,708

0-9

 

10%

10-19

 

16%

20-29

 

9%

30-39

 

8%

40-49

 

15%

50-59

 

14%

60-69

 

13%

70-79

 

11%

80-89

 

5%

Household Structure
Occupancy
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.
Victoria data
The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.