Lake Wendouree, VIC 3350
Compare Part of Ballarat
102.64 km
Distance from Melbourne CBD
47 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $365,000 | 0.0% | $177,500 | $810,000 | 33 |
| 2010 | $570,000 | +36.0% | $211,000 | $2,230,000 | 43 |
| 2011 | $635,000 | +10.2% | $310,000 | $1,460,000 | 43 |
| 2012 | $405,000 | -56.8% | $200,000 | $1,650,000 | 49 |
| 2013 | $592,500 | +31.6% | $229,000 | $1,200,000 | 44 |
| 2014 | $650,000 | +8.8% | $220,000 | $3,000,000 | 45 |
| 2015 | $725,000 | +10.3% | $295,000 | $1,380,000 | 47 |
| 2016 | $679,000 | -6.8% | $240,000 | $3,000,000 | 53 |
| 2017 | $785,000 | +13.5% | $226,500 | $2,025,000 | 47 |
| 2018 | $651,500 | -20.5% | $281,000 | $2,225,000 | 52 |
| 2019 | $722,000 | +9.8% | $211,000 | $4,250,000 | 44 |
| 2020 | $1,000,000 | +27.8% | $277,000 | $3,050,000 | 45 |
| 2021 | $1,198,765 | +16.6% | $425,000 | $8,250,000 | 55 |
| 2022 | $1,100,000 | -9.0% | $460,000 | $4,800,000 | 39 |
| 2023 | $1,300,000 | +15.4% | $412,000 | $4,310,000 | 36 |
| 2024 | $865,000 | -50.3% | $440,000 | $1,950,000 | 16 |
Median Sale Price
$1.19M
Based on 38 recorded sales within the last 12 months
Updated on 25 Apr 2024
Suburb Growth
-6.3%
Current Median Price: $1,185,000
Previous Median Price: $1,260,000
Based on 76 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $300 | 0.0% | $190 | $1,000 | 19 |
| 2012 | $330 | +9.1% | $220 | $600 | 25 |
| 2013 | $320 | -3.1% | $230 | $650 | 41 |
| 2014 | $300 | -6.7% | $210 | $600 | 70 |
| 2015 | $340 | +11.8% | $210 | $650 | 93 |
| 2016 | $320 | -6.3% | $160 | $650 | 76 |
| 2017 | $330 | +3.0% | $210 | $625 | 71 |
| 2018 | $360 | +8.3% | $230 | $1,200 | 66 |
| 2019 | $400 | +10.0% | $250 | $1,200 | 54 |
| 2020 | $380 | -5.3% | $260 | $1,200 | 49 |
| 2021 | $385 | +1.3% | $230 | $800 | 49 |
| 2022 | $440 | +12.5% | $240 | $800 | 58 |
| 2023 | $410 | -7.3% | $340 | $1,000 | 40 |
| 2024 | $450 | +8.9% | $390 | $535 | 7 |
Median Rent Price
$425
per week
Based on 34 recorded rent within the last 12 months
Updated on 25 Apr 2024
Rent Price Growth
-5.9%
Current Median Rent: $425
Previous Median Rent: $450
Based on 88 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+1.9%
Current Median Price: $1,185,000
Current Median rent: $425
Based on 72 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Lake Wendouree
Houses sold in Last 12 months ends 20 Apr 2024
$1.36M
Median Sale Price
100%
Clearance Rate
4/4
Sold/Reported
$1.75M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 2 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Lake Wendouree 3350
Based on median house sale price sold in last 12 months
Schools closest to Lake Wendouree, VIC 3350
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Pleasant Street Primary School ( Ballarat) | 101 PLEASANT ST NORTHLake Wendouree 3350 | Primary | Government | 0.95 km |
| Ballarat and Clarendon CollegeTop 5 | Ballarat 3350 | Combined | Independent | 1.07 km |
| Macarthur Street Primary School | 401 MACARTHUR STREETSoldiers Hill 3350 | Primary | Government | 1.09 km |
| St Columba's School | CNR GREGORY & ARMSTRONG STS NTHSOLDIERS HILL 3350 | Primary | Catholic | 1.14 km |
| St Patrick's Primary School | 119 DRUMMOND ST STHBallarat 3350 | Primary | Catholic | 1.62 km |
| Ballarat Primary School (Dana Street) | 401 DANA STREETBallarat 3350 | Primary | Government | 1.75 km |
| St Patrick's College | 1431 STURT STBallarat 3350 | Secondary | Catholic | 1.77 km |
| Ballarat GrammarTop 100 | 201 FOREST STWendouree 3355 | Combined | Independent | 1.89 km |
| Ballarat North Primary School | 513 LANDSBOROUGH STREETBallarat 3350 | Primary | Government | 1.9 km |
| Wendouree Primary School | 1224 HOWITT STREETWendouree 3355 | Primary | Government | 1.95 km |