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Sold on 25 Sep 2024 for $690,000

25 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 404m2
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Jellis Craig Ballarat
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Property Details for 25 Cinnamon Dr, Lake Gardens

25 Cinnamon Dr, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 404m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Lake Gardens in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
138m2
Land Size
404m2
Local Government
Ballarat
Lot/Plan
117/PS733468

Last Listing description (October 2024)

Nestled in a quiet pocket of Lake Gardens, this exceptional three-bedroom home presents a rare blend of elegance and comfort.

The master suite, complete with a luxurious ensuite and spacious walk-in robe , sets the tone for the rest of the home, while the additional bedrooms are generously sized with the third bedroom offer a walk-in robe, Completed with modern bathroom between the two bedrooms.


The gourmet kitchen, equipped with premium stainless-steel appliances and ample storage, seamlessly connects to the open-plan living and dining area, creating a homely flow throughout.

Featuring two distinct living zones, this residence offers ample space for both relaxation and entertainment, The second living area provides a versatile space, perfect for a home office, media room, or kids' play area.

Step outside to the beautifully landscaped gardens, where an alfresco dining area invites you to enjoy outdoor living in complete privacy.

Additional features include ducted heating and cooling in the bedrooms, ensuring year-round comfort and a touch of grandeur.

Located just moments from the serene foreshore of Lake Wendouree ,Botanical Gardens and the Wendouree Train Station this home offers the perfect balance of peaceful living and convenient access to local amenities.

Whether youre a first-time buyer or looking to downsize, this property ticks all the boxes!

Call Ash McCafferty today for more information!

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Property History for 25 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$690,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $690,000
  • 07 Aug 2024
    Listed for Sale $665,000 - $695,000
  • 07 May 2018
    Sold for $200,000
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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 7 properties listed for sale, and 1 property listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Lake gardens.

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