48 Cinnamon Dr, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 375m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
This lovely home, on approx. 375m2 is a well-considered design. With three spacious bedrooms and two modern bathrooms, it's perfect for first-time home buyers, or those looking to downsize.
An outstanding lakeside location, 5 minutes walk to the foreshore of Lake Wendouree and even less to the beautiful surrounds of the Botanical Gardens.
The home boasts a perfect north orientation, ensuring the living room is bathed in natural light and provides a delightful view of the established gardens and alfresco area. The timeless colour schemes throughout the home add a touch of calm and elegance.
Higher ceilings throughout, external blinds, great storage, stainless steel 900mm Smeg appliances are additional upgrades and inclusions in this home.
Comfort is assured year-round with ducted heating and cooling, complemented by ceiling fans in the bedrooms. Freshly painted and neat as a pin, with a beautifully maintained garden, making it an ideal choice for a low maintenance lifestyle.
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:
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