5 Burnbank StreetLake Wendouree VIC 3350
Property Details for 5 Burnbank St, Lake Wendouree
5 Burnbank St, Lake Wendouree is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 258m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in February 2009.
Last Listing description (October 2013)
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Located within walking distance to shops, cafes, public transport and hospitals, these near new townhouses both comprise 2 bedrooms (BIR's), central bathrooms, separate toilets and European laundries. The open plan kitchens are stylish and modern with stainless steel cooking appliances (including dishwashers) overlooking the combined meals and family rooms and sliding doors provide access to the low maintenance, courtyard gardens.
Further features include reverse cycle air-conditioning in the living areas and remote SLUG with direct access. These townhouses would ideally suit retirees wishing to downsize, first home buyers or investors and both are currently leased.
Property History for 5 Burnbank St, Lake Wendouree, VIC 3350
- 14 Jun 2013Listed for Sale FROM $310,000
- 21 Feb 2009Sold for $370,000
- 30 Jan 2009Listed for Sale BUYERS GUIDE: $365,000 - $390,000
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0About 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.
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