48 Cinnamon Dr, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 375m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Lake Gardens in the last 12 months.
This lovely home, on approx. 375m2 is a well-considered design. With three spacious bedrooms and two modern bathrooms, it's perfect for first-time home buyers, or those looking to downsize.
An outstanding lakeside location, 5 minutes walk to the foreshore of Lake Wendouree and even less to the beautiful surrounds of the Botanical Gardens.
The home boasts a perfect north orientation, ensuring the living room is bathed in natural light and provides a delightful view of the established gardens and alfresco area. The timeless colour schemes throughout the home add a touch of calm and elegance.
Higher ceilings throughout, external blinds, great storage, stainless steel 900mm Smeg appliances are additional upgrades and inclusions in this home.
Comfort is assured year-round with ducted heating and cooling, complemented by ceiling fans in the bedrooms. Freshly painted and neat as a pin, with a beautifully maintained garden, making it an ideal choice for a low maintenance lifestyle.
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 30.24% increase in median value, while Units have seen a -2.54% decrease. As at 31 October 2024:
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