OFF MARKET

16 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
Land area: 375m2
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Property Details for 16 Cinnamon Dr, Lake Gardens

16 Cinnamon Dr, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 375m2 and floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2017
Floor Size
162m2
Land Size
375m2
Local Government
Ballarat
Lot/Plan
76/PS721918

Last Listing description (December 2020)

Located within walking distance of Lake Wendouree, schools, cafes, speciality shops and public transport with easy access to Wendouree Train Station is this stylish home in the desirable Botanica Estate. Offering living options that will suit the whole family, with an open plan kitchen/meals/living area with stone benchtops, dishwasher, 900 mm appliances & stylish walk-in pantry. The master bedroom has a walk-in robe and ensuite. The remaining 3 bedrooms with built-in robes.Further features include a second living area, large laundry, central heating and evaporative cooling, plus a double lock-up garage with remote & direct access. This quality home will impress all, with room for the family, high growth potential for the investor and a location second to none.* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

Property History for 16 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$560,000
16 Oct 2020
Listed for Rent
$410/w
19 Jul 2018
  • 16 Oct 2020
    Sold for $560,000
  • 09 Oct 2020
    Listed for Sale $550,000
  • 15 Jun 2018
    Listed for Rent $410 / week
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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 932 properties. Over the last 5 years, Houses in Lake Gardens have seen a 30.24% increase in median value, while Units have seen a -2.54% decrease. As at 31 October 2024:

  • The median value for Houses in Lake Gardens is $814,438 while the median value for Units is $508,560.
  • Houses have a median rent of $460.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 27 properties were sold in the past 12 months in Lake gardens.

Suburb Insights for Lake Gardens 3355

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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.