SOLD
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Sold on 09 Aug 2024 for $430,066

31 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 511m2
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Property Details for 31 Cinnamon Dr, Lake Gardens

Building Type
Land
Land Size
511m2

Last Listing description (August 2024)

Here is your chance to enter Ballarat's Boutique Botanica Estate, with this titled ready to build on allotment at 511m2 (approx). The Botanica Estate is perfectly located near shopping centres, numerous schooling options, the Wendouree train station and within walking distance to the Lake Wendouree precinct. Botanica offers the opportunity to become involved in modern inner city quality living. If you are interested please call Blaise Newnham 0423 175 643 to secure the chance to build your dream home in a premium location

TH2205

Property History for 31 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$430,066
09 Aug 2024
  • 08 Aug 2024
    Sold for $430,066
  • 17 Apr 2024
    Listed for Sale $430,000
  • 10 Nov 2023
    Listed for Sale Not Disclosed
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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.

Suburb Insights for Lake Gardens 3355

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Blaise Newnham
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Josh Horvat
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Real Estate Group
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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.