5 Elstead Way, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
 
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5 Elstead Way
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 330m2
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Last updated 19 Jan 2026
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Property Details for 5 Elstead Way, Lake Gardens

5 Elstead Way, Lake Gardens is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 330m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
330m2
Local Government
Ballarat
Lot/Plan
271/PS425728

Last Listing description (January 2021)

Looking to downsize within Lake Gardens estate? This immaculately presented 3-bedroom brick home is situated within walking distance to the local coffee shop and Lake Wendouree. Sitting on approx. 330m2 block offering low maintenance living within a sought-after location.

This beautifully presented home boasts three spacious bedrooms, master with walk-in robe and two-way ensuite with separate toilet. An open plan kitchen with gas hot plates, separate oven and dishwasher. Overlooking a sun-filled living and dining room. This leads out to a private covered entertaining area with beautiful established gardens.

Park safely in a single car lock up garage with remote roller door and additional roller door at the rear, out to the entertaining area and backyard. With central heating and split system heating and cooling this home offers all comforts.

A great home to lock and leave while on holidays, this is either the perfect home for first home buyers, down-sizers or investors alike. Wendouree Train Station, Stockland Shopping Centre and Botanical Gardens and Lake Wendouree are all close by.

Be quick, this one will not last.

* 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.

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Property History for 5 Elstead Way, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$470,000
16 Nov 2020
  • 16 Nov 2020
    Sold for $470,000
  • 07 Oct 2020
    Listed for Sale $459,000 - $469,000
  • 15 Sep 2009
    Transferred
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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 17.09% increase in median value, while Units have seen a 20.94% increase. As at 31 December 2025:

  • The median value for Houses in Lake Gardens is $865,061 while the median value for Units is $640,835.
  • Houses have a median rent of $480.
There are currently 4 properties listed for sale, and 1 property listed for rent in Lake gardens on OnTheHouse. According to Cotality's data, 38 properties were sold in the past 12 months in Lake gardens.

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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.

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