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Sold on 11 May 2024 for $825,000

49 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 711m2
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Property Details for 49 Faversham Ave, Lake Gardens

49 Faversham Ave, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 711m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Lake Gardens in the last 12 months.

Building Type
House
Land Size
711m2
Local Government
Ballarat
Lot/Plan
614/PS507765

Last Listing description (May 2024)

This large family home offers 4 spacious bedrooms, 3 Living Areas (with luxurious theatre room) & 2-bathrooms, offering ample space and modern amenities in a sought after Lake Gardens position. Within walking distance to the Wendouree Train Station, Melbourne is at your door stop with an easy commute. Ballarat's Sturt Street Secondary School Precinct is nearby including Ballarat Clarendon College and Ballarat Grammar School. A short distance away is the beautiful Lake Wendouree and Botanical Gardens.

As you enter the home, you will be greeted by a wide entryway filled with lots of natural light and a spacious living area that flows seamlessly into the dining and kitchen area.

The contemporary kitchen is equipped with stainless steel appliances and plenty of storage space, making it perfect for those who love to cook and entertain family & friends.

The bedrooms are all generously sized, with built-in-robes and the master bedroom features a large ensuite bathroom with walk-in-shower & WC for added convenience.

The home also enjoys the benefits of gas central heating & evaporative cooling throughout, there is also solar connected to keep those bills to a minimum.

Outside, you will find a beautifully landscaped garden, double gates giving you side access for an additional vehicle or caravan, an oversized garden shed for additional storage & a very large undercover alfresco area, perfect for outdoor dining and relaxing.

There is an oversized double garage with internal access providing ample parking & storage space.

Don't miss out on the opportunity to make this house your home.

Contact us today to schedule a viewing.

Ballarat's Best-Selling Team

Property History for 49 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$825,000
11 May 2024
Listed for Rent
13 Oct 2022
  • 11 May 2024
    Sold for $825,000
  • 17 Apr 2024
    Listed for Sale $795,000 - $845,000
  • 01 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 932 properties. Over the last 5 years, Houses in Lake Gardens have seen a 30.53% increase in median value, while Units have seen a 7.63% increase. As at 31 July 2024:

  • The median value for Houses in Lake Gardens is $818,685 while the median value for Units is $487,692.
  • Houses have a median rent of $460.
There are currently 7 properties listed for sale, and 3 properties listed for rent in Lake gardens on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Lake gardens.

Suburb Insights for Lake Gardens 3355

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Catharina Darken
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Michael Darken
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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.