OFF MARKET

2 Elmstone Lane
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 147m2
Land area: 338m2
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Property Details for 2 Elmstone Lane, Lake Gardens

2 Elmstone Lane, Lake Gardens is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 338m2 and floor size of 147m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Townhouse
Year Built
2004
Floor Size
147m2
Land Size
338m2
Local Government
Ballarat
Lot/Plan
571/PS507765

Last Listing description (September 2022)

Overlooking stunning parkland stands this delightful three bedroom executive townhouse (Front of property faces Somerset Avenue)
Three great sized bedrooms with master having walk in robes, reverse cycle air-conditioning and en-suite. Other bedrooms have built in robes
Large separate living room enjoys views over the parklands with a northerly aspect that captures the morning sun

Modern kitchen with breakfast bar, dishwasher, gas appliances, pantry and loads of bench space
Adjacent open plan meals and informal living areas are generous and will provide a versatile and easy lifestyle in this idyllic central location
For year round comfort the home is gas centrally heated along with reverse cycle air-conditioning
The front yard is a delight with established plants and lawn. the rear yard is spacious and low maintenance with room for the kids and pets
The two car garage is oversized with auto door and room for shelving and workbench
Just a short stroll to the shores of Lake Wendouree, botanical gardens and Wendouree train station.
Also just short drive to Ballarat's CBD, schools, cafes, hospitals and more
Lake Gardens is a top performing suburb with strong capital growth and rental returns
Move straight in with nothing to do or invest, the choice is yours

Property History for 2 Elmstone Lane, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$555,000
02 Sep 2022
  • 02 Sep 2022
    Sold for $555,000
  • 12 Aug 2022
    Listed for Sale $535,000 - $565,000
  • 15 Jun 2015
    Sold for $326,000
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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 28.86% increase in median value, while Units have seen a 60.59% increase. As at 30 September 2024:

  • The median value for Houses in Lake Gardens is $807,386 while the median value for Units is $522,848.
  • 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.