49 Faversham Avenue, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
OFF MARKET

49 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 238m2
Land area: 717m2
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Property Details for 49 Faversham Ave, Lake Gardens

49 Faversham Ave, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 717m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
House
Year Built
2005
Floor Size
238m2
Land Size
717m2
Local Government
Ballarat
Lot/Plan
614/PS507765

Last Listing description (July 2024)

This large family home offers 4 spacious bedrooms, 3 Living Areas (with luxurious theatre room) & 2-bathrooms, offering ample space and modern amenities in a sought after Lake Gardens position. Within walking distance to the Wendouree Train Station, Melbourne is at your door stop with an easy commute. Ballarat's Sturt Street Secondary School Precinct is nearby including Ballarat Clarendon College and Ballarat Grammar School. A short distance away is the beautiful Lake Wendouree and Botanical Gardens.

As you enter the home, you will be greeted by a wide entryway filled with lots of natural light and a spacious living area that flows seamlessly into the dining and kitchen area.

The contemporary kitchen is equipped with stainless steel appliances and plenty of storage space, making it perfect for those who love to cook and entertain family & friends.

The bedrooms are all generously sized, with built-in-robes and the master bedroom features a large ensuite bathroom with walk-in-shower & WC for added convenience.

The home also enjoys the benefits of gas central heating & evaporative cooling throughout, there is also solar connected to keep those bills to a minimum.

Outside, you will find a beautifully landscaped garden, double gates giving you side access for an additional vehicle or caravan, an oversized garden shed for additional storage & a very large undercover alfresco area, perfect for outdoor dining and relaxing.

There is an oversized double garage with internal access providing ample parking & storage space.

Don't miss out on the opportunity to make this house your home.

Contact us today to schedule a viewing.

Ballarat's Best-Selling Team

Property History for 49 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$825,000
11 May 2024
Listed for Rent
13 Oct 2022
  • 11 May 2024
    Sold for $825,000
  • 17 Apr 2024
    Listed for Sale $795,000 - $845,000
  • 01 Nov 2023
    Listed for Sale Not Disclosed
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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 21.56% increase in median value, while Units have seen a 17.96% increase. As at 31 January 2026:

  • The median value for Houses in Lake Gardens is $916,662 while the median value for Units is $643,925.
  • Houses have a median rent of $480.
There are currently 5 properties listed for sale, and 1 property listed for rent in Lake gardens on OnTheHouse. According to Cotality's data, 41 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.