SOLD
Sold on 05 Oct 2023 for $650,000

23 Norfolk Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 380m2
Sold By
Jellis Craig Ballarat
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Property Details for 23 Norfolk Ave, Lake Gardens

23 Norfolk Ave, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 380m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Lake Gardens in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
130m2
Land Size
380m2
Local Government
Ballarat
Lot/Plan
236/PS425728

Last Listing description (October 2023)

This appealing, modern home offers easy-care living in a great location. With easy connections to the Lake Wendouree, Ballarat Aquatic Centre, Wendouree Railway Station, shops and a great selection of schools, it's a smart choice for all types of buyers.

The well-designed floorplan comprises three spacious bedrooms, including the master with walk in robe and ensuite. The second and third bedrooms share a family bathroom and separate toilet which are well positioned off the main living. A lounge at the front of the home offers that all important, second living area.

Open plan, the kitchen, living and dining area is light, inviting and generously proportioned. The kitchen features stainless steel appliances and excellent storage. Sliding doors open to the alfresco and generous rear garden, providing space for entertaining and for the kids to play.

Reverse cycle heating and a remote double garage add further comfort and convenience.

This well presented home will suit a great range of buyers, from first home-owners, young families, investors or those wishing to downsize and inspection will not disappoint.

Property History for 23 Norfolk Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$650,000
05 Oct 2023
  • 05 Oct 2023
    Sold for $650,000
  • 20 Sep 2023
    Listed for Sale $630,000 - $670,000
  • 05 Nov 2018
    Sold for $435,000
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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 30.53% increase in median value, while Units have seen a 7.63% increase. As at 31 July 2024:

  • The median value for Houses in Lake Gardens is $818,685 while the median value for Units is $487,692.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 38 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.