Lake Wendouree, VIC 3350
Compare Part of Ballarat
102.64 km
Distance from Melbourne CBD
47 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | $900,000 | -44.4% | $425,000 | $2,511,000 | 34 |
| 2025 | - | - | - | - | - |
Median Sale Price
$900K
Based on 34 recorded sales within the last 12 months
Updated on 8 Jan 2025
Suburb Growth
-44.4%
Current Median Price: $900,000
Previous Median Price: $1,300,000
Based on 69 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 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 | $440 | +6.8% | $350 | $800 | 32 |
| 2025 | - | - | - | - | - |
Median Rent Price
$440
per week
Based on 32 recorded rent within the last 12 months
Updated on 8 Jan 2025
Rent Price Growth
+9.1%
Current Median Rent: $440
Previous Median Rent: $400
Based on 71 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.5%
Current Median Price: $900,000
Current Median rent: $440
Based on 66 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Lake Wendouree
Houses sold in Last 12 months ends 4 Jan 2025
$1.75M
Median Sale Price
100%
Clearance Rate
3/3
Sold/Reported
$1.75M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M (Median Price Range) | 1 | |
| $800 K - $1 M | 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 |