20 Somerset AvenueLake Gardens VIC 3355
Property Details for 20 Somerset Ave, Lake Gardens
20 Somerset Ave, Lake Gardens is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 374m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
This low maintenance home offers a fantastic opportunity to enjoy the convenience and lifestyle of inner-city living. With a spacious open plan living and dining area, a separate lounge and a large outdoor entertainment area, this home is ideal for those looking for a relaxed, easy-care lifestyle. The two bedrooms, one bathroom and well-established mature gardens provide plenty of space and privacy for those wanting to enjoy the convenience of city living. Additionally, there is a playground and cafe in Lake Gardens plus plenty of shops and amenities nearby, the Botanical Gardens, Lake Wendouree, along with Ballarat High School and a range of private schools all just a short drive away. With a nice park area across the road, this is the perfect home for those looking to get away from it all. Call Blaise Newnham Today on 0423 175 643
Property History for 20 Somerset Ave, Lake Gardens, VIC 3355
- 25 May 2023Sold for $565,000
- 11 May 2023Listed for Sale $560,000 - $585,000
- 18 Sep 2014Sold for $328,000
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0About 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.
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