OFF MARKET

22 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 120m2
Land area: 374m2
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Property Details for 22 Somerset Ave, Lake Gardens

22 Somerset Ave, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 374m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2003.

Building Type
House
Year Built
2004
Floor Size
120m2
Land Size
374m2
Local Government
Ballarat
Lot/Plan
556/PS425728

Last Listing description (May 2020)

A beautiful three bedroom home in a great location. Main bedroom with walk-in robe and ensuite, other two bedrooms have built-in robes. Separate lounge at front of property, open plan kitchen, dining area at rear. Kitchen has gas cooking, great cupboard space and also includes a dishwasher. Gas central heating for those cooler months of Ballarat. Double garage with remote control door, with direct access to home. A lovely executive home and must inspect.

Property History for 22 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$63,500
04 Feb 2003
Listed for Rent
$330/w
24 Apr 2020
  • 20 Mar 2018
    Listed for Rent $310 / week
  • 18 Sep 2015
    Listed for Rent - Price not available
  • 25 Sep 2014
    Listed for Rent $300 / 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 933 properties. Over the last 5 years, Houses in Lake Gardens have seen a 27.59% increase in median value, while Units have seen a -8.87% decrease. As at 30 November 2024:

  • The median value for Houses in Lake Gardens is $797,404 while the median value for Units is $492,161.
  • Houses have a median rent of $460.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 34 properties were sold in the past 12 months in Lake gardens.

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