OFF MARKET

1/7 Martin Avenue
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 217m2
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Property Details for 1/7 Martin Ave, Lake Wendouree

1/7 Martin Ave, Lake Wendouree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 217m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
2000
Floor Size
90m2
Land Size
217m2
Local Government
Ballarat
Lot/Plan
1/PS411480

Last Listing description (June 2020)

Only meters away from the Lake Wendouree foreshore, quietly positioned in a beautiful tree lined street this immaculately maintained front townhouse in a tightly held group of 3, offers the ideal low maintenance Lake Wendouree lifestyle. The spacious lounge offering bay windows provide the perfect place to relax, flowing into the dining / kitchen area with double doors opening to a fully fenced garden with mature plants and specimen tree (all with a view of the lake!). Kitchen includes an electric cooktop & dishwasher, storage space and casual breakfast bar. Both bedrooms have built in robes, whilst the bathroom has a separate bath and shower recess plus a separate toilet. Other features include gas central heating, Air Con, quality furnishings throughout and a single lock up garage with direct internal access to the property.

Opportunities like this are rare, so be sure to call Matthew Wiltshire on 0487 000 873 to book your inspection today!

Property History for 1/7 Martin Ave, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$505,000
27 May 2020
Listed for Rent
$315/w
02 Jul 2018
  • 27 May 2020
    Sold for $505,000
  • 20 May 2020
    Listed for Sale $485,000 - $515,000
  • 18 Jun 2018
    Listed for Rent $315 / week
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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 7 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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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.