18 Somerset Avenue, Lake Gardens, VIC 3355 sold on 17 July 2025 | OnTheHouse
 
SOLD
Sold on 17 Jul 2025 for $559,000

18 Somerset Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 312m2
Improve this data
Sold By
agent headshot
JensVeal Partners
Share
Save

Property Details for 18 Somerset Ave, Lake Gardens

18 Somerset Ave, Lake Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 312m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Lake Gardens in the last 12 months.

Building Type
House
Land Size
312m2
Local Government
Ballarat
Lot/Plan
554/PS425728

Last Listing description (September 2025)

Perfectly positioned in the heart of sought-after Lake Gardens, this delightful two-bedroom residence combines comfort, convenience, and community charm.

Ideal for downsizers, first-home buyers, or astute investors who know the growth potential of Lake Gardens, the home features a dedicated study, stylish modern bathroom, and a secure single-car garage.

A long-term tenant is already in place and would be happy to stay on, offering an immediate return for investors.

Step inside to discover a light-filled living area, a well-appointed kitchen, and a smart floorplan designed for both relaxation and productivity. The separate study is perfect for those working from home or could be easily converted into a third bedroom if desired.

Set in a peaceful, tree-lined street surrounded by other quality homes, you'll enjoy the quiet, established neighbourhood that makes Lake Gardens such a popular address.

Property Highlights:
Two spacious bedrooms with built-in robes
Separate study or potential third bedroom
Contemporary bathroom with quality fittings
Single lock-up garage
Fully landscaped and low-maintenance yard
Located in a peaceful, high-demand pocket of Ballarat
Moments from Lake Wendouree, YMCA, local schools, shopping, and public transport options.

This is a fantastic opportunity to secure a low-maintenance home in a premium location. For more information or to arrange your inspection, contact Luke Veal on 0438 302 805 today.

Show More

Property History for 18 Somerset Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$559,000
17 Jul 2025
Listed for Rent
$350/w
09 Dec 2021
  • 17 Jul 2025
    Sold for $559,000
  • 17 Jun 2025
    Listed for Sale $559,000
  • 25 Nov 2022
    Listed for Rent $360 / week
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 18.47% increase in median value, while Units have seen a 22.10% increase. As at 30 November 2025:

  • The median value for Houses in Lake Gardens is $857,527 while the median value for Units is $626,048.
  • Houses have a median rent of $470.
There are currently 5 properties listed for sale, and 2 properties 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.

Lake Gardens Profile Page

Suburb Insights for Lake Gardens 3355

Visit Lake Gardens profile page
Market Insights
Lake Gardens Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lake Gardens Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lake Gardens profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED