OFF MARKET

16 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 312m2
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Property Details for 16 Somerset Ave, Lake Gardens

16 Somerset Ave, Lake Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 312m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.

Building Type
House
Year Built
2005
Floor Size
100m2
Land Size
312m2
Local Government
Ballarat
Lot/Plan
553/PS425728

Last Listing description (December 2023)

"Important Information for Prospective Tenants - Please carefully read the following instructions before proceeding with any further actions. To express your interest in this property and receive instructions on how to apply, kindly submit an enquiry. Enter your details in to the 'Get in touch' (realestate.com.au) or 'Email Agent' (domain.com.au) buttons. Once your enquiry is received, you will be sent an email containing the necessary instructions and application details. If you are successful a private inspection will be scheduled to ensure the property meets your needs."

This three bedroom home is located in the highly desirable Lake Gardens neighborhood. With its convenient location close to Lake Wendouree, the Wendouree Train Station, schools, and supermarkets, this property offers an ideal setting for those seeking a comfortable and convenient lifestyle.

The property boasts three bedrooms, all equipped with built-in robes, providing ample storage space for all your belongings.

The small, secure yard requires minimal upkeep, making it ideal for those who want to spend more time relaxing and less time on yard work. Additionally, this home offers the comfort of gas central heating, ensuring that you will always be warm and cozy, no matter what the weather outside may be.

In conclusion, this family home in Lake Gardens offers the perfect blend of comfort, convenience, and affordability, making it an ideal choice for families, professionals, or anyone looking for a comfortable and well-located home.

* 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. Please note: It is the responsibility of the tenant to check/research the availability of internet access at any property. INSPECTION BY PRIVATE APPOINTMENT ONLY. You must confirm your attendance, or the inspection may not go ahead.

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Property History for 16 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Transferred
24 Feb 2023
Listed for Rent
$370/w
04 Dec 2023
  • 15 Nov 2023
    Listed for Rent $370 / week
  • 24 Feb 2023
    Transferred
  • 11 Nov 2022
    Listed for Rent $340 / 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 933 properties. Over the last 5 years, Houses in Lake Gardens have seen a 27.59% increase in median value, while Units have seen a -8.87% decrease. As at 30 November 2024:

  • The median value for Houses in Lake Gardens is $797,404 while the median value for Units is $492,161.
  • Houses have a median rent of $460.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Lake gardens.

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