OFF MARKET

3 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 321m2
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Property Details for 3 Somerset Ave, Lake Gardens

3 Somerset Ave, Lake Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2003. The property has a land size of 321m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in March 2003.

Building Type
House
Year Built
2003
Floor Size
113m2
Land Size
321m2
Local Government
Ballarat
Lot/Plan
569/PS507765

Last Listing description (April 2024)

Here's your opportunity to live in lovely Lake Gardens, a stones throw from Lake Wendouree & so handy to Stocklands & Wendouree train station. This stylish home has an array of wonderful features. The kitchen/meals area looks out to stunning gardens & has a gas cooktop, an electric oven & a dishwasher. A separate living space is at the front of the home. The master bedroom has a walk in robe & a split system, the other two bedrooms are both good sizes. Ducted heating throughout plus the split system ensures your comfort all seasons. Single garage with remote control door & both internal access & rear yard access. A private & secure, rear yard. An added bonus of a gardener included. Call us TODAY for an inspection!
No Internal Smoking.

Property History for 3 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$61,000
25 Mar 2003
  • 11 Apr 2024
    Listed for Rent $380 / week
  • 25 Mar 2003
    Sold for $61,000

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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 30.24% 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.
There are currently 6 properties listed for sale, and 4 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 28 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.