5 Scarlet Drive, Lake Gardens, VIC 3355 | Property Value & History | OnTheHouse
 
OFF MARKET

5 Scarlet Drive
Lake Gardens VIC 3355

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 544m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 5 Scarlet Dr, Lake Gardens

Building Type
Land
Land Size
544m2
Local Government
Ballarat
Lot/Plan
3/PS721918

Last Listing description (August 2025)

Positioned on a generous 17m x 32m (approx.) corner allotment, this impressive 544m block offers a rare opportunity to design and build a family home in a highly regarded and sought after location near Lake Wendouree. The wide frontage lends itself to a variety of modern building designsperfect for families, downsizers, or savvy investors.

Set in one of Wendourees most connected and picturesque areas, youll be surrounded by key amenities and lifestyle attractions, including:
200m to North Gardens Reserve

800m to Stockland Wendouree Shopping Centre
1.1km to Ballarat Aquatic & Lifestyle Centre
1.5km to Ballarat Grammar
2.5km to Loreto College
3km to Ballarat & Clarendon College

Take a leisurely stroll to Wendouree Train Station for easy access to Melbourne, the stunning Ballarat Botanical Gardens, and of course the shores of Lake Wendouree. Any easy commute to private schools, Stocklands Shopping Centre with all of its amenities, making this a unique buying opportunity.

Whether youre building your forever home or exploring development potential, this is a rare opportunity in a highly desirable location. Call Chris for further details.

Show More

Property History for 5 Scarlet Dr, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$450,000
16 Jul 2025
  • 16 Jul 2025
    Sold for $450,000
  • 05 May 2025
    Listed for Sale $465,000
  • 05 Dec 2013
    Sold for $235,000
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. 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 949 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:

  • The median value for Houses in Lake Gardens is $892,087 while the median value for Units is $636,991.
  • Houses have a median rent of $490.
There are currently 2 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