OFF MARKET

38 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 232m2
Land area: 666m2
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Property Details for 38 Faversham Ave, Lake Gardens

38 Faversham Ave, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 666m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
2005
Floor Size
232m2
Land Size
666m2
Local Government
Ballarat
Lot/Plan
630/PS507765

Last Listing description (March 2020)

Your search is over - here is the large family home you have been seeking. Well positioned in one of Ballarat's most desirable estates close to beautiful Lake Wendouree and the Botanic Gardens, Wendouree train station and renowned shopping facilities, Aquatic centre, Ballarat High School zone and of course the private school sector. Four large bedrooms, separate study, excellent robe space to all bedrooms and large ensuite to the main. Impressive double door entry, 3 enormous living areas and a very well appointed and spacious family meals area. Walk in pantry, 900mm hotplates, ducted heating and cooling, ducted vacuum system, security system, high ceilings, sunblinds, light, bright and airy in all rooms, walk in linen/general storage etc. Wonderful gardens with paved alfresco area, and drive through access from the double garage. Position perfect, presentation perfect - make it your new home today!

Property History for 38 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$605,000
23 Feb 2020
  • 23 Feb 2020
    Sold for $605,000
  • 16 Aug 2019
    Listed for Sale $595,000-$630,000
  • 27 Jan 2015
    Transferred
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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.

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