SOLD
Sold on 18 Nov 2023 for $630,000

2/1209 Gregory Street
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 348m2
Sold By
Brooke Reynolds
Jellis Craig Ballarat
Tim Valpied
Jellis Craig Ballarat
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Property Details for 2/1209 Gregory St, Lake Wendouree

2/1209 Gregory St, Lake Wendouree is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 348m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Lake Wendouree in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
115m2
Land Size
348m2
Local Government
Ballarat
Lot/Plan
2/PS517126

Last Listing description (December 2023)

This exceptional property is a lifestyle choice that offers an effortless blend of modern living with a convenient location. Nestled in a peaceful neighborhood with only one other townhouse on the block, privacy and security is assured!

The home has been thoughtfully designed to maximize space and functionality.
Downstairs boasts an open living, dining and kitchen area with glass sliding doors seamlessly connecting to a paved outdoor entertaining area and study/fourth bedroom. Upstairs comprises of an additional living zone, three generous bedrooms (two complete with walk in robes) and a two-way bathroom.

Further features include gas ducted heating throughout and a double lock up garage.
This versatile property serves a great investment opportunity, a comfortable downsizing option, or an ideal choice for first-time buyers.

Situated in a prime location within a short stroll away from the picturesque Lake Wendouree, plus a quick drive to the CBD and proximity to Ballarats finest schools!

Property History for 2/1209 Gregory St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$630,000
18 Nov 2023
  • 18 Nov 2023
    Sold for $630,000
  • 02 Nov 2023
    Listed for Sale $600,000 - $660,000
  • 24 Feb 2010
    Sold for $330,000
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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 1,572 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 27.30% increase in median value, while Units have seen a 20.15% increase. As at 30 September 2024:

  • The median value for Houses in Lake Wendouree is $816,104 while the median value for Units is $446,441.
  • Houses have a median rent of $410 while Units have a median rent of $410.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 57 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.