OFF MARKET

20 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 218m2
Land area: 840m2
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Last updated 11 Nov 2024
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Property Details for 20 Faversham Ave, Lake Gardens

20 Faversham Ave, Lake Gardens is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 840m2 and floor size of 218m2. While the property is not currently for sale or for rent, it was last sold in August 2018.

Building Type
House
Floor Size
218m2
Land Size
840m2
Local Government
Ballarat
Lot/Plan
147/PS425728

Last Listing description (September 2018)

There's a reason why it's so hard to buy in Lake Gardens. Its residents love the family environment and being within striking distance of Lake Wendouree, shops, cafes, schools and the train station. This well maintained and much loved four bedroom home is for everyone. It features a large ensuite and walk in robe to the master and built in robes to the remaining three bedrooms. There are two separate living areas and a central open plan kitchen and meals area which spills out onto the massive undercover alfresco area with bar and wood fire making it usable all year round. There's gas central heating throughout while the main bathroom has been tastefully updated. To top it all off the property is set on approx 840m2 and features a triple garage with direct access. Be quick.

Property History for 20 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$670,000
22 Aug 2018
  • 22 Aug 2018
    Sold for $670,000
  • 09 Aug 2018
    Listed for Sale $650,000 - $710,000
  • 15 Jun 2011
    Sold for $450,000
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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 933 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 3 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 29 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.