OFF MARKET

28 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 375m2
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Property Details for 28 Cinnamon Dr, Lake Gardens

28 Cinnamon Dr, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 375m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
2017
Floor Size
158m2
Land Size
375m2
Local Government
Ballarat
Lot/Plan
70/PS721918

Last Listing description (November 2021)

** PLEASE NOTE: Advertised times are for Private Inspections only. No appointment, no entry. Please call the sales agent directly to book your attendance. 10 person maximum. **

Located within walking distance of Lake Wendouree, schools, cafes, speciality shops and public transport with easy access to Wendouree Train Station this stylish home in the desirable Lake Gardens location is available for immediate occupation.

The chef of the family will love the kitchen with quality dishwasher, 900 mm appliances, extensive storage & stylish walk-in pantry. The open plan kitchen/meals/living area opens directly into the Alfresco area.

The master bedroom has a walk-in robe and ensuite. The remaining generous 3 bedrooms with built-in robes.

Further features include a second living area, large laundry, walk in linen cupboard, central heating and evaporative cooling, plus a double lock-up garage with remote & direct access to the house.

This quality home will impress all, with room for the family, high growth potential for the investor and a location second to none. Previously operated lucratively as an Airbnb this property offers a great return.

Call Dean Parish today on 0490 382 264 to arrange an inspection.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information.

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Property History for 28 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$650,000
18 Aug 2021
  • 18 Aug 2021
    Sold for $650,000
  • 07 Jul 2021
    Listed for Sale $650,000 - $675,000
  • 20 Mar 2017
    Sold for $185,000

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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 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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