OFF MARKET

1018 Gregory Street
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 474m2
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Property Details for 1018 Gregory St, Lake Wendouree

1018 Gregory St, Lake Wendouree is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 474m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
House
Year Built
1910
Floor Size
115m2
Land Size
474m2
Local Government
Ballarat
Lot/Plan
1/LP81916

Last Listing description (April 2023)

An outstanding opportunity to secure a wonderful home showcasing style, comfort and location in prestigious Lake Wendouree

Located in one of Ballarat's most enviable locations quietly tucked away off the main thoroughfare of Lake Wendouree sits this stunning period home.
The kitchen offers gas upright stove, dishwasher, a spacious walk-in pantry as well as plenty of bench / preparation space.

Showcasing two large bedrooms, both of which feature built in robes and an additional nursery or study room.
Ensure comfort all year round with gas central heating throughout and split systems for cooling.
The home offers a spacious lounge which features an original fireplace, high ceilings, ceiling rose, picture rails and arched windows positioned at the front of the home which certainly creates for a very cosy setting.
The central bathroom features a corner spa as well as separate shower and vanity.
Outside you will be impressed with the well landscaped front and back yard which has been well considered to keep in line with the period of the home, while also offering plenty of room to further improve the space out the back with a deck or designated BBQ area.
With an estimated rental return of $385 per week, this makes for a wonderful investment to set and forget.
The home enjoys a premium location within a short stroll to Lake Wendouree, Howitt Street Shopping strip, Ballarat Grammar, medical services, the Botanical Gardens, an array of sporting facilities and only being a short 5-minute drive to the CBD.
This is an opportunity to secure a quality home in a quality location which is very hard to come by.
Be quick to inspect contact Tony for your very own private inspection.

Property History for 1018 Gregory St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$390,000
10 Jul 2020
  • 10 Aug 2022
    Listed for Sale $520,000
  • 10 Jul 2020
    Sold for $390,000
  • 04 Jun 2020
    Listed for Sale $395,000 - $434,000
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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 1,574 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 31.82% increase in median value, while Units have seen a 27.44% increase. As at 31 July 2024:

  • The median value for Houses in Lake Wendouree is $843,756 while the median value for Units is $461,354.
  • Houses have a median rent of $420 while Units have a median rent of $400.
There are currently 11 properties listed for sale, and 2 properties listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 56 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.