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Sold on 25 Jul 2024 for $500,000

3/30 Burnbank Street
Lake Wendouree VIC 3350

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 313m2
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Property Details for 3/30 Burnbank St, Lake Wendouree

3/30 Burnbank St, Lake Wendouree is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 313m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Lake Wendouree in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
82m2
Land Size
313m2
Local Government
Ballarat
Lot/Plan
3/SP20982

Last Listing description (August 2024)

This immaculately presented rear townhouse offers more than meets the eye. Being one of only three townhouses in the complex, privacy is a significant feature of this property. As you step inside, you'll find a spacious open-plan kitchen, living, and dining area designed for year-round comfort with a gas Rinnai heater and a split system air conditioner. The modernized kitchen boasts ample cupboard and bench space, a 5-gas burner cooktop, and an electric oven. There are two generous bedrooms, both equipped with ceiling fans, and the large family bathroom has been tastefully updated with a modern touch, featuring an updated bath, shower, vanity with stone benchtops, and a separate toilet. Externally, the property showcases a beautifully established garden and a paved entertainment area, providing a perfect spot to relax throughout the day. Located within minutes' walk to cafes, hospitals, and Lake Wendouree, this property is one worth exploring.

Property History for 3/30 Burnbank St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$500,000
25 Jul 2024
Listed for Rent
$240/w
21 Mar 2017
  • 25 Jul 2024
    Sold for $500,000
  • 18 Jun 2024
    Listed for Sale $495,000 - $510,000
  • 29 Jul 2019
    Sold for $300,000
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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 1,573 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 30.87% increase in median value, while Units have seen a 28.20% increase. As at 31 August 2024:

  • The median value for Houses in Lake Wendouree is $822,212 while the median value for Units is $454,974.
  • Houses have a median rent of $420 while Units have a median rent of $400.
There are currently 11 properties listed for sale, and 1 property listed for rent in Lake wendouree on OnTheHouse. According to CoreLogic's data, 56 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.