OFF MARKET

2 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 567m2
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Property Details for 2 Cinnamon Dr, Lake Gardens

Building Type
Land
Land Size
567m2
Local Government
Ballarat
Lot/Plan
83/PS721918

Last Listing description (February 2017)

Situated in the boutique Botanica Estate, is this 567m2 titled block of land. Located near shopping centres, numerous schooling options, the Wendouree train station and within walking distance to the Lake Wendouree precinct this is the opportunity to secure inner city quality living. For more information please call Jamie Gepp 0459201710.

Property History for 2 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$251,000
11 Oct 2016
  • 11 Oct 2016
    Sold for $251,000
  • 12 Apr 2016
    Listed for Sale $260,000
  • 29 Aug 2014
    Sold for $240,000

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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 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, 28 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.