1 Scarlet Drive, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
OFF MARKET

1 Scarlet Drive
Lake Gardens VIC 3355

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 442m2
Land area: 506m2
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Property Details for 1 Scarlet Dr, Lake Gardens

1 Scarlet Dr, Lake Gardens is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 506m2 and floor size of 442m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
2023
Floor Size
442m2
Land Size
506m2
Local Government
Ballarat
Lot/Plan
1/PS721918

Last Listing description (August 2026)

Delivering grand proportions, exceptional design, and a sought-after Lake Gardens address, this architectural residence embodies luxury family living. Spanning two impeccably crafted levels, the home combines elegance, functionality, and sophistication - all within walking distance of Lake Wendouree, parklands, shopping, and cafes.

This grand architectural residence features five expansive bedrooms, five bathrooms and multiple living zones across two superbly appointed levels.
A palatial master suite occupies an entire upper wing, complete with a private retreat living room, a luxurious dressing room that ensures you're catwalk-ready every day, and an opulent ensuite with a freestanding bath.

Four additional bedrooms, each with large walk-in robes and four offering their own private ensuites, ensuring comfort and privacy for every family member or guest.
Ground-floor master suite ideal for extended or multigenerational living, boasting its own ensuite and walk-in robe for ultimate independence.
Ducted heating, a gas log fire and refrigerated cooling ensures your families comfort in all seasons.
The property is built with hebel panelling, upgraded insulation in the walls and double glazed windows to provide noise reduction and comfort for the family.
Two dedicated home offices and a study space attached to the upstairs living area - perfect for professionals or students needing quiet, flexible spaces.
Designer kitchen with a striking island bench, walk-in pantry and seamless connection to the open-plan living and dining zones.
Multiple sophisticated living areas, including a formal lounge, upstairs retreat and elegant dining space, all designed for refined family living and entertaining.
Enjoy seamless indooroutdoor flow to a covered alfresco and landscaped outdoor living area for year-round enjoyment.
Premium craftsmanship with high ceilings, quality finishes and a floorplan balancing elegance and everyday practicality.
Functional family design featuring a full laundry, powder room, cloak storage and internal access to a secure double garage.
Prestigious Lake Gardens address, close to parklands, Lake Wendouree, leading schools, boutique shopping and just minutes from Ballarat Train Station for effortless city commuting.

Property History for 1 Scarlet Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$430,000
07 Jul 2021
  • 22 Oct 2025
    Listed for Sale $1,599,000 -$1,699,000
  • 07 Jul 2021
    Sold for $430,000
  • 09 Jul 2020
    Listed for Sale $440,000
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About Lake Gardens 3355

The size of Lake Gardens is approximately 1.2 square kilometres. There are 3 parks, covering nearly 17.1% of the 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 5.43% increase in median value, while Units have seen a 11.23% increase. As at 31 July 2026:

  • The median value for Houses in Lake Gardens is $892,087 while the median value for Units is $636,991.
  • Houses have a median rent of $490.
There are currently 3 properties listed for sale, and 2 properties listed for rent in Lake gardens on OnTheHouse. According to Cotality's data, 36 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.