31 Faversham Avenue, Lake Gardens, VIC 3355 sold on 19 March 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 19 Mar 2026 for $850,000

31 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 684m2
Save

Property Details for 31 Faversham Ave, Lake Gardens

31 Faversham Ave, Lake Gardens is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 684m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 4 bedroom House sold in Lake Gardens in the last 12 months.

Building Type
House
Land Size
684m2

Last Listing description (March 2026)

Situated in a quiet and tightly held pocket of Lake Gardens is this well-presented four bedroom plus study home. The location is highly regarded, surrounded by quality homes and offering easy access to Lake Wendouree, Ballarat's CBD, train station, shopping centres and schools. The home sits on a generous allotment of 684m² (Approx.) and offers a practical and versatile floorplan.

Inside, there is an open plan kitchen, meals and family living area that flows directly to the outdoor entertaining space. The kitchen includes an island bench and walk-in pantry and is well positioned to service both indoor and outdoor living. There are also two additional living areas, providing flexibility for families of all sizes.

The master bedroom includes an ensuite and dual walk-in robes, while the remaining three bedrooms all have built-in robes. A separate study is ideal for working from home or could be used as an additional bedroom if required. The main bathroom includes a separate shower and bath, and there is a full laundry. The home is serviced by gas central heating and evaporative cooling for year-round comfort.

Outside, the property offers a secure backyard perfect for kids and pets, there is also a alfresco deck and a 3x3m shed. The oversized double garage provides excellent space for vehicles and storage. Properties in this premium suburb of Ballarat do not last long. The exclusive listing agent Dominic Morrison looks forward to seeing you at another busy Ballarat Real Estate open home.

Property History for 31 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$850,000
19 Mar 2026
  • 19 Mar 2026
    Sold for $850,000
  • 28 Jan 2026
    Listed for Sale $840,000 - $860,000
  • 25 Aug 2005
    Listed for Sale PS $395,000 Plus
Commute Calculator

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 948 properties. Over the last 5 years, Houses in Lake Gardens have seen a 11.57% increase in median value, while Units have seen a 13.59% increase. As at 30 April 2026:

  • The median value for Houses in Lake Gardens is $895,313 while the median value for Units is $629,479.
  • Houses have a median rent of $488.
There are currently 1 property 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.

Suburb Insights for Lake Gardens 3355

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
Contact agent
agent headshot
Dominic Morrison
Show contact details
agent headshot
Mason Bourke
Show contact details
Real Estate Group
Preferred contact:
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.