16 Somerset Avenue, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
OFF MARKET

16 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 312m2
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Last updated 10 Aug 2026
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Property Details for 16 Somerset Ave, Lake Gardens

16 Somerset Ave, Lake Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 312m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last transferred in February 2023.

Building Type
House
Year Built
2005
Floor Size
100m2
Land Size
312m2
Local Government
Ballarat
Lot/Plan
553/PS425728

Last Listing description (August 2026)

**** IMPORTANT INFORMATION FOR PROSPECTIVE RENTERS ****
Please carefully read the following instructions before proceeding with any further actions.

We require you to inspect the property before you are able to submit an application.

To book an inspection via realestate.com.au, click on the "Request an Inspection" button.
To book an inspection via Domain.com.au, click on the "Book with Inspect Real Estate" button.
To book via RayWhiteBallarat.com.au, click on the "book an Inspection" button.

Once you have inspected the property you will be given a code which will allow you to submit an application for the property if you choose to do so.
Applications received with missing or insufficient information are not able to be processed.

Located in the highly sought-after Lake Gardens precinct, this beautifully refreshed three-bedroom home offers comfort, convenience, and low-maintenance living in a prime location. Positioned close to Lake Wendouree, Wendouree Train Station, local schools, and shopping facilities, everything you need is right at your doorstep.

Recently updated throughout, the home features fresh paint, brand-new flooring, updated appliances, and beautifully refreshed gardens, creating a modern and welcoming feel from the moment you arrive.

All three bedrooms include built-in robes, providing ample storage space for the whole family. The functional floorplan offers comfortable living, while gas central heating ensures year-round comfort during Ballarat's cooler months.

Outside, the secure and low-maintenance yard allows you to enjoy your weekends without the burden of extensive upkeep, making it ideal for busy professionals, couples, or families.

Combining modern updates, a fantastic location, and easy-care living, this move-in-ready home presents an outstanding opportunity to enjoy all that Lake Gardens has to offer.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information. Please note: It is the responsibility of the tenant to check/research the availability of internet access at any property. INSPECTION BY PRIVATE APPOINTMENT ONLY. You must confirm your attendance, or the inspection may not go ahead.

Property History for 16 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Transferred
24 Feb 2023
Listed for Rent
$480/w
10 Jul 2026
  • 10 Jul 2026
    Listed for Rent $480 / week
  • 15 Nov 2023
    Listed for Rent $370 / week
  • 24 Feb 2023
    Transferred
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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 948 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, 39 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.