OFF MARKET

60 Cinnamon Drive
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 149m2
Land area: 374m2
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Property Details for 60 Cinnamon Dr, Lake Gardens

60 Cinnamon Dr, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 374m2 and floor size of 149m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
2004
Floor Size
149m2
Land Size
374m2
Local Government
Ballarat
Lot/Plan
54/PS733468

Last Listing description (February 2019)

In more ways than one, location is the key for any house purchase. With Lake Wendouree & the Wendouree Train Station literally meters away, It s hard to find a better location than this! Only recently constructed, this quality home will impress all, with room for the small family, high growth potential for the investor (not to mention depreciation benefits) plus low maintenance living for the retiree / downsizer. 2550mm ceilings, evaporative cooling & central heating, 3 x 3 rear shed, quality fixtures throughout & a fully functioning watering system are just some of the many advantages of this charming home.
With the Botanica Estate now being 100% sold out due to popularity, this is your chance to position yourself in one of Ballarat s most sought after areas. Be sure to call Matthew Wiltshire on 0487 000 873 today to book your inspection!

Property History for 60 Cinnamon Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$485,000
11 Dec 2018
  • 11 Dec 2018
    Sold for $485,000
  • 18 Oct 2018
    Listed for Sale $485,000 - $510,000
  • 31 Oct 2016
    Sold for $180,000
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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.