1 Faversham Avenue, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
OFF MARKET

1 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 724m2
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Property Details for 1 Faversham Ave, Lake Gardens

1 Faversham Ave, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 724m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Land Size
724m2
Local Government
Ballarat
Lot/Plan
112/PS425728

Last Listing description (August 2019)

Situated on a corner block in a quiet avenue, is this lovingly maintained and beautifully presented home. With Lake Wendouree and the Botanical Gardens, Ballarat Aquatic Centre, Wendouree Train Station, shopping and schools all within walking distance this location will appeal to downsizers, families, professional couples or even the insightful investor.
From the outset this home has gorgeous street appeal, is homely and secure, with wide verandas and large feature windows, allowing an abundance of natural light to fill the home. Spacious rooms, a neutral colour scheme, plenty of storage, gas central heating, and air conditioning ensure year-round comfort.
The practical floor plan sees large double doors open onto the lounge, a well thought out country style kitchen with electric wall oven, stove-top and appliance cupboard. A breakfast bar connects the kitchen to the spacious dining area which features double doors opening to the private rear garden. A second living room is ideal for the children s play room, teenager retreat, or a formal dining room. All bedrooms are queen size and have built in robes, with the master bedroom boasting both a walk in robe and ensuite, There is a large main bathroom, separate toilet, and laundry.

The gardens to the front and rear are low maintenance and are complete with brick paved areas, artificial lawn, a pergola and fernery adding interest to the garden space. The larger than average double lock up garage has an internal storage room, and provides direct access to the home and the rear garden.
Surrounded by other quality family homes and with limited opportunities to purchase in this highly regarded area, don t hesitate to arrange your inspection.

Property History for 1 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$560,000
14 Aug 2019
  • 14 Aug 2019
    Sold for $560,000
  • 23 May 2019
    Listed for Sale $580,000 - $610,000
  • 23 Feb 2000
    Sold for $65,000
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About Lake Gardens 3355

The size of Lake Gardens is approximately 1.2 square kilometres. It has 3 parks covering nearly 17.1% of total area. The population of Lake Gardens in 2016 was 1695 people. By 2021 the population was 1801 showing a population growth of 6.2% in the area during that time. The predominant age group in Lake Gardens is 50-59 years. Households in Lake Gardens are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Gardens work in a professional occupation.In 2021, 70.20% of the homes in Lake Gardens were owner-occupied compared with 68.00% in 2016.

Lake Gardens has 949 properties. Over the last 5 years, Houses in Lake Gardens have seen a 21.56% increase in median value, while Units have seen a 17.96% increase. As at 31 January 2026:

  • The median value for Houses in Lake Gardens is $916,662 while the median value for Units is $643,925.
  • Houses have a median rent of $480.
There are currently 5 properties listed for sale, and 1 property listed for rent in Lake gardens on OnTheHouse. According to Cotality's data, 40 properties were sold in the past 12 months in Lake gardens.

Suburb Insights for Lake Gardens 3355

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.