OFF MARKET

24 Alfred Street N
Lake Wendouree VIC 3350

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 368m2
Land area: 672m2
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Property Details for 24 Alfred St N, Lake Wendouree

24 Alfred St N, Lake Wendouree is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 672m2 and floor size of 368m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2000
Floor Size
368m2
Land Size
672m2
Local Government
Ballarat
Lot/Plan
10/LP138531

Last Listing description (February 2021)

If you can spot a fabulous opportunity when it arises, this is the property for you. This home already has the best lake views in the street, and with its upstairs living, the home has more expansive lake views than some on the Parade and without the traffic.

The existing house has seen movement in its foundations, which has caused damage where the original building and newer renovation connect. The foundations seem to have now stabilised.

REBUILD the property. The current owners have concept plans for 2 townhouses (STCA), an ideal choice for investors. However, you could choose to build your own deluxe family home right here and design your own floorplan with second storey to take in the views. The home is superbly located only 1 house from Lake Wendouree, sitting on 671sqm in a quiet, tree-lined street.

REPAIR or REJUVENATE the property. The current owners also have engineering drawings to permanently stabilise the home and make modern upgrades to capture the awesome Lake Wendouree views. This is a lovely home which is well worth repairing and will repay any investment you make.

The home was designed to provide maximum outlook to the lake, with the main living areas and master bedroom on the top floor. The rooms in this home are all huge! The ground floor has stunning polished timber floors in the entrance. Three of the bedrooms are on this level, along with a large rumpus/theatre room and the family bathroom.

Upstairs are a huge formal lounge room with a bay window and dining area, a spacious kitchen with a big walk-in Butlers Pantry complete with dishwasher, sink and large bench space, and a large family/TV room. A separate study and expansive master bedroom with WIR and ensuite complete this storey.

The garden is well established and offers direct, rear gate access to the Bishops Court tennis courts that adjoin the property and are available to the residents of this home.

Here is your chance to acquire a good-sized block in a fabulous setting. This property simply screams opportunity. The lake views are superb as is the quiet, central location.

If you can see the potential sitting here at 24 Alfred Street N, Lake Wendouree, call Vicky Vermeend on 0439 965 311 to arrange a private inspection.

Property History for 24 Alfred St N, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$1,175,000
03 Feb 2021
Listed for Rent
$175/w
10 Feb 2007
  • 03 Feb 2021
    Sold for $1,175,000
  • 13 Jan 2021
    Listed for Sale $1,275,000 - $1,395,000
  • 26 Feb 2015
    Sold for $1,017,000
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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 1,580 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, 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.