OFF MARKET

121 Burnbank Street
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
Land area: 599m2
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Last updated 18 Nov 2024
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Property Details for 121 Burnbank St, Lake Wendouree

121 Burnbank St, Lake Wendouree is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 599m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1925
Floor Size
117m2
Land Size
599m2
Local Government
Ballarat
Lot/Plan
13~A9/PP5030

Last Listing description (November 2023)

Set on a generous 599sqm approx, here is an exciting opportunity to purchase a solid period home in the coveted location of Lake Wendouree.

The home offers a functional kitchen area, warm and inviting open living area and two generous sized bedrooms.

Externally the property has a single garage and large courtyard, suitable for outdoor entertainment!

Within a short walk to the shores of Lake Wendouree and close proximity to Ballarat's finest schools, supermarkets, hospitals and CBD.

Please note: This property has a recently approved planning permit to extend should you wish to turn this classic period home into your dream Lake Wendouree residence. We have plans available for viewing and will be handed over to the new owner.

Property History for 121 Burnbank St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$435,000
11 Mar 2021
Listed for Rent
$300/w
01 Jun 2022
  • 09 Oct 2023
    Listed for Sale $595,000 - $635,000
  • 14 Dec 2022
    Listed for Sale $595,000 - $635,000
  • 04 May 2022
    Listed for Rent $300 / 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 1,579 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 3 properties listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 52 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.