OFF MARKET

68 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 799m2
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Property Details for 68 Faversham Ave, Lake Gardens

68 Faversham Ave, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 799m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Land Size
799m2
Local Government
Ballarat
Lot/Plan
645/PS507765

Last Listing description (September 2023)

This stunning family home is filled with natural light and offers three bedrooms, a front study, three living areas, and an inviting outdoor entertaining area. With well maintained gardens, this residence offers versatility and comfort in a convenient location and is the perfect place to call home.

- 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 master bedroom at the front of the home includes a walk in robe and ensuite, while the remaining two bedrooms both feature built in robes and are serviced by a central family bathroom.
- A convenient formal study off the main entrance makes the ideal nursery or space to work from home.
- The open plan kitchen, meals and living area is the heart of the home. It is perfect for entertaining and allows for easy flow between indoor and outdoor living spaces.
- The rumpus room also opens onto an undercover decked entertaining area, providing the perfect space for outdoor gatherings and family barbecues. The formal living area boasts a feature gas log fireplace, which creates a cozy and inviting atmosphere on chilly winter evenings.
- The kitchen is a cook's dream, with an island bench, double sink, and quality stainless steel appliances including a 900mm gas cooker, dishwasher and walk in pantry.
- Your year round comfort is well ensured with gas central heating throughout the home plus a reverse cycle air conditioner.
- The double lock up garage offers a remote roller door plus direct access into the home for added security, while the garden shed allows for additional storage.
- The property is set on approximately 799m2 with established gardens, providing a private and peaceful outdoor space for the whole family to enjoy.
- Located in popular Lake Gardens, just a short stroll from Lake Wendouree, the Botanic Gardens, Ballarat Golf Course, train station, schools and sporting facilities.

Property History for 68 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$850,000
15 Jun 2023
  • 11 Aug 2023
    Listed for Sale $825,000 - $850,000
  • 15 Jun 2023
    Sold for $850,000
  • 26 May 2023
    Listed for Sale $825,000 - $850,000
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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.