OFF MARKET

18 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 312m2
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Property Details for 18 Somerset Ave, Lake Gardens

18 Somerset Ave, Lake Gardens is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 312m2. While the property is not currently for sale or for rent, it was last sold in August 2017.

Building Type
House
Land Size
312m2
Local Government
Ballarat
Lot/Plan
554/PS425728

Last Listing description (December 2022)

**APPLICATION ACCEPTED**

Jens Veal Byrne are delighted to offer for lease this lovely 2 bedroom home in the ever popular Lake Gardens - 18 Somerset Avenue.

Currently being utilised as a two bedroom, with 2 living zones. The second living zone could comfortably be converted to a home office or study area, it is separate and private.

This lovely home won't last long and is a must see for anyone looking to be close to the Botanical Gardens and for those who are looking to downsize and enjoy a low maintenance home.

The sun filled open plan kitchen, dining and living area ensures year round comfort, with loads of natural light, gas central heating throughout home and split system air conditioning. The kitchen has direct access to a single lock up garage with a pedestrian door to the private, enclosed, low maintenance rear back yard which is fully fenced.

Both bedrooms offer built in robes and are a good size. The two-way bathroom has a separate shower and bath .

All this with quick easy access to Lake Wendouree, Wendouree train station, buses, the beautiful Botanical Gardens and Pipers Caf.

To arrange a private COVID compliant inspection - please submit your fully completed application online through the *** link to this property.
Once we have reviewed your application we will contact you to arrange a one on one private inspection.

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Property History for 18 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$352,000
16 Aug 2017
Listed for Rent
$350/w
09 Dec 2021
  • 25 Nov 2022
    Listed for Rent $360 / week
  • 03 Dec 2021
    Listed for Rent $367 / week
  • 30 Nov 2020
    Listed for Rent $330 / 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 31.42% increase in median value, while Units have seen a 9.06% increase. As at 31 August 2024:

  • The median value for Houses in Lake Gardens is $813,009 while the median value for Units is $493,504.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and 1 property 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.

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