SOLD
RECENT ADVICE
Sold on 15 Apr 2024 for $575,000

1/114 Burnbank Street
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 221m2
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Property Details for 1/114 Burnbank St, Lake Wendouree

1/114 Burnbank St, Lake Wendouree is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 221m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Townhouse sold in Lake Wendouree in the last 12 months.

Building Type
Townhouse
Land Size
221m2
Local Government
Ballarat
Lot/Plan
1/PS405567

Last Listing description (April 2024)

Conjunctional Agents
PRD Ballarat Michael Edgar 0407 332 040 or 03 5331 1111
Doepel Lilley & Taylor Robert Cunningham 0418 543 634 or 03 53 312000

Convenience is key, indulge in the proximity and walk to Lake Wendouree, shopping strips, cafes, Train Station, private schools and the medical precinct. An enviable opportunity is presented for retirees or buyers simply looking for low maintenance, convenient living on prestigious Burnbank Street. With a history of long term occupancy, a great set and forget property for investors or those looking to secure for their future use.

Enjoy an abundance of natural light that bathes the interior with new carpets throughout, this extremely well designed and constructed 2 bedroom townhouse with a spacious functional floorplan, enjoy the outlook being the front townhouse, one of two on the lot. Features include spacious floorplan, 9ft ceilings, front formal dining that provides an outlook to the garden, separate lounge, brand new appliances in the kitchen, two good sized bedrooms with built in robes and a separate laundry, toilet and bathroom. Outside secure front yard and single lock up garage.

Properties with this much potential don't come around often, so don't miss your opportunity to be able to have morning strolls around Lake Wendouree, call Rob today to book your inspection.

Property History for 1/114 Burnbank St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$575,000
15 Apr 2024
  • 09 Apr 2024
    Sold for $575,000
  • 22 Dec 2023
    Listed for Sale $575,000

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About Lake Wendouree 3350

The size of Lake Wendouree is approximately 4.6 square kilometres. It has 6 parks covering nearly 65.7% of total area. The population of Lake Wendouree in 2011 was 2,883 people. By 2016 the population was 2,892 showing a population growth of 0.3% in the area during that time. The predominant age group in Lake Wendouree is 50-59 years. Households in Lake Wendouree are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Wendouree work in a professional occupation. In 2011, 68.5% of the homes in Lake Wendouree were owner-occupied compared with 70% in 2016.

Lake Wendouree has 1,581 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 29.24% increase in median value, while Units have seen a 12.07% increase. As at 31 October 2024:

  • The median value for Houses in Lake Wendouree is $820,054 while the median value for Units is $445,445.
  • Houses have a median rent of $400 while Units have a median rent of $420.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 54 properties were sold in the past 12 months in Lake wendouree.

Suburb Insights for Lake Wendouree 3350

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Contact agent
Robert Cunningham
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Matthew Tunbridge
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Doepel Lilley & Taylor
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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.