SOLD
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Sold on 21 Oct 2024 for $425,000

2/3 Burnbank Street
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 336m2
Sold By
Fletchers Ballarat
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Property Details for 2/3 Burnbank St, Lake Wendouree

2/3 Burnbank St, Lake Wendouree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 336m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Lake Wendouree in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
99m2
Land Size
336m2
Local Government
Ballarat
Lot/Plan
2/SP33689

Last Listing description (October 2024)

The size and scale will surprise and located only moments to Lake Wendouree - this deceptively spacious town residence is sure to impress. Nestled in one of the area's most coveted locations, this property offers the perfect blend of style, comfort and convenience.

Situated at the prized rear of an exclusive allotment, this town residence is private and secure and has the bonus of a fabulous easy care backyard, great for those who garden or even pets.

Just a short stroll via Gnarr or Macarthur Street to the picturesque Lake Wendouree, this home provides an exceptional lifestyle opportunity.

Inside, the expansive floor plan showcases generous room sizes, ensuring comfort and functionality. The morning and winter sun streams into the home, creating a warm and inviting atmosphere that will captivate buyers.

Stay comfortable year-round with ducted gas central heating and a bonus split-system refrigerated air conditioning. The master bedroom is a true retreat, offering luxury with its deluxe proportions.

This is more than just a home - it's a lifestyle. Inspect and be impressed by this lovely piece of real estate.

Property History for 2/3 Burnbank St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$425,000
21 Oct 2024
Listed for Rent
05 Mar 2019
  • 21 Oct 2024
    Sold for $425,000
  • 28 Aug 2024
    Listed for Sale $435,000 - $449,000
  • 19 Feb 2019
    Listed for Rent - Price not available
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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 9 properties listed for sale, and 4 properties listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 53 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.