OFF MARKET

2/111 Lexton Street
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 186m2
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Last updated 11 Nov 2024
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Property Details for 2/111 Lexton St, Lake Wendouree

2/111 Lexton St, Lake Wendouree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 186m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Unit
Year Built
2010
Floor Size
92m2
Land Size
186m2
Local Government
Ballarat
Lot/Plan
2/PS620146

Last Listing description (September 2020)

Its all about location and this little gem is beautifully positioned within walking distance to our famed Lake Wendouree, Ballarat Rail Station , Aldi supermarkets and all this wonderful city has on offer .Comprising 2 bedrooms 1 living 1 bath and 1 car these Townhouses were constructed in 2010 and have been superbly maintained.Warmed by natural gas central heating. Low maintenance is assured wit Colourbond roof aluminium windows and constructed of brick, all sitting on a neat compact allotment of 183m2 .Currently leased to a fantastic tenant till 14 Jan 2021 at $300pw makes this a must-see investment option.Private inspections only during Covid challenges. To arrange please contact Don Hanlon PRD 0429199158

Property History for 2/111 Lexton St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$365,000
19 Aug 2020
Listed for Rent
$275/w
11 Jan 2016
  • 19 Aug 2020
    Sold for $365,000
  • 03 Aug 2020
    Listed for Sale $365,000 - $385,000
  • 15 Dec 2015
    Listed for Rent $275 / 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 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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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.