OFF MARKET

50 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 270m2
Land area: 480m2
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Property Details for 50 Cinnamon Dr, Lake Gardens

50 Cinnamon Dr, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2019. The property has a land size of 480m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
2019
Floor Size
270m2
Land Size
480m2
Local Government
Ballarat
Lot/Plan
59/PS733458

Last Listing description (August 2023)

If you are looking for a luxurious family home that has been tastefully maintained both inside and out, then look no further than this stunning JG King built home. Just under four years old and offering an impressive list of features that will appeal to families seeking comfort, style and convenience.

- From the moment you open the front door the wide entrance welcomes you and you'll be instantly captivated by the warmth and beauty the home has to offer.
- The downstairs front formal lounge room is perfect for entertaining guests with a feature gas log fireplace that adds to the coziness of the room.

- The open plan kitchen/meals/living area is the heart of the home and offers the perfect space for family gatherings. The third living area upstairs is a versatile space that could be used as a kids retreat or an additional family room.
- The kitchen is a chef's dream, featuring high end appliances including a 900mm SMEG cooker, dishwasher, stone bench tops, walk in pantry and ample storage.
- The master bedroom is a luxurious retreat that features a private balcony, walk in robe and ensuite with high end fixtures including a semi frameless shower, double vanity and separate toilet.
- The three remaining bedrooms are all generously sized and feature built in robes. They are serviced by a family bathroom that is appointed with a freestanding bath, vanity, shower and separate toilet.
- The study creates a quiet and private space for those who work from home or students who need a quiet area to study.
- The home is equipped with gas central heating throughout, ensuring that you are warm and comfortable during the cooler months. The upstairs area also features evaporative cooling, which provides relief in the warmer months.
- The low maintenance rear yard is a functional space that features established gardens and an alfresco entertaining area.
- Located in one of Ballarat's most sought after suburbs, within walking distance to Lake Wendouree, schools, cafes, public transport and easy access to the train station.

Property History for 50 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$910,000
08 Jun 2023
  • 31 Jul 2023
    Listed for Sale $935,000 - $995,000
  • 08 Jun 2023
    Sold for $910,000
  • 21 Apr 2023
    Listed for Sale $935,000 - $995,000
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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 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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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.