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Unit 4,
1110 GREGORY STREET Lake Wendouree VIC 3350

This property is Off Market

All about Lake Wendouree Homes for sale in Lake Wendouree


  • The Average property price in this area is $995,745, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 76.35 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Ballarat

With an average age of 52, households expect an average monthly mortgage payment of $1,973 or a weekly rent payment of $300. The average family earns a weekly income of $2,428 with a typical household size of 2.1 and a 96.17% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Lake Wendouree ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Lake Wendouree provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Lake Wendouree necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Lake Wendouree we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lake Wendouree a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1807 asthma sufferers and 524 people living with diabetes. In addition, 656 people have a heart/vascular condition and 1139 people live with three or more chronic diseases.

A good place to invest in property?

Ballarat a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

58 / 100

52 / 100

Industry

16 / 100

17 / 100

Population

30 / 100

32 / 100

House Prices

56 / 100

70 / 100

Jobs

35 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Ballarat High School Wendouree Primary School
  • Pleasant Street Primary School (Ballarat)

    Lake Wendouree, VIC, 3350 State Prep-6

  • Forest Street Primary School

    Wendouree, VIC, 3355 State Prep-6

  • Ballarat North Primary School

    Ballarat, VIC, 3350 State Prep-6

  • Ballarat Grammar

    Wendouree, VIC, 3355 Independent Prep-12

  • Loreto College

    Ballarat, VIC, 3350 Independent 7-12

  • Macarthur Street Primary School

    Soldiers Hill, VIC, 3350 State Prep-6

  • St Columba's School

    Ballarat North, VIC, 3350 Independent Prep-6

  • Wendouree Primary School

    Wendouree, VIC, 3355 State Prep-6


Property Story

Unit 4, 1110 Gregory Street, Lake Wendouree, Vic, 3350 is a residential property with 2 bedrooms, 1 bathrooms and 1 Parking spaces. The estimated value of this home is $320,000 while properties of this type typically sell for between $420,000 and $1,400,000 in this suburb. The estimated distance to the sea is 76.35km and 0.4KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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