OFF MARKET

5/506 Wendouree Parade
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 280m2
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Property Details for 5/506 Wendouree Pde, Lake Wendouree

5/506 Wendouree Pde, Lake Wendouree is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 280m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2019.

Building Type
Unit
Floor Size
118m2
Land Size
280m2
Local Government
Ballarat
Lot/Plan
5/SP34140

Last Listing description (March 2019)

Set amongst manicured gardens on magical Lake Wendouree, is this highly prized unit in the North Shore complex. Deceptively spacious and beautifully maintained, this three bedroom unit is more akin to a house and offers the lucky purchaser an enviable lifestyle. Appointments include ducted gas heating, evaporative cooling to cope with our current hot spell, gas cooking, built in robes and walk in to the master. A large bathroom with walk in shower and separate bath are bonuses. Blackwood timber is featured in the kitchen and affords a lovely view to the private tuscan style rear yard , ideal for entertaining or enjoying the garden. A single garage with good storage provides direct access into the home.
This is a blue chip investment and would suit downsizers, investors and those looking for exclusive living. Be quick to inspect this one!

Property History for 5/506 Wendouree Pde, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$572,500
04 Feb 2019
  • 04 Feb 2019
    Sold for $572,500
  • 16 Jan 2019
    Listed for Sale $550,000-$590,000
  • 26 Jun 2007
    Sold for $340,000
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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 1,574 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 10 properties listed for sale, and 3 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.