All About Lake Gardens, Ballarat, VIC, 3355

Lake Gardens, located in Ballarat, Victoria, is a picturesque residential area known for its serene environment and community-focused lifestyle. The housing market in Lake Gardens has been relatively steady, with a mix of modern homes and established properties that appeal to a wide range of buyers. The area is particularly popular among families and retirees due to its peaceful setting, proximity to essential amenities, and natural beauty. With local parks, walking trails, and the scenic Lake Wendouree nearby, residents have ample opportunities to enjoy outdoor activities. Property prices in Lake Gardens reflect its desirability, providing a balance between affordability and the appeal of living in a tranquil suburb.

Living in Lake Gardens offers a unique blend of suburban comfort and natural charm. The community is known for its friendly and welcoming atmosphere, making it an ideal place for families and individuals seeking a slower pace of life without sacrificing accessibility to urban conveniences. The suburb boasts excellent educational facilities, including primary and secondary schools, as well as easy access to shopping centers and healthcare services. Public transport links are efficient, connecting residents to the broader Ballarat area and beyond. With its lush greenery and well-maintained landscapes, Lake Gardens presents a harmonious living environment where residents can enjoy the best of both worlds—the tranquility of suburban life and the vibrancy of nearby urban attractions.

Lake Gardens Real Estate Market Outlook

Thinking about buying in Lake Gardens? Now could not be a better time, with 956 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $870,000 with prices in this suburb ranging from $303,000 to $2,022,000. The aproximate distance to the coast is 76 Km.

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 Gardens 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 Gardens 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 Gardens 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 Gardens 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 Gardens a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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