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

59 Faversham Avenue
Lake Gardens VIC 3355

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 198m2
Land area: 646m2
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Property Details for 59 Faversham Ave, Lake Gardens

59 Faversham Ave, Lake Gardens is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 646m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Year Built
2004
Floor Size
198m2
Land Size
646m2
Local Government
Ballarat
Lot/Plan
609/PS507765

Last Listing description (December 2021)

Positioned in a quiet street in the middle of prestigious Lake Gardens in this quality brick veneer Dennis Family home. The property has been held in the same family since being built and sits on a generous 646m2 approx. allotment. This location is one of Ballarat's most sought after for its proximity to Lake Wendouree, Ballarat Golf Club, Wendouree Train Station, Stockland Wendouree and top schools. The house is very well laid out with master bedroom at the front with ensuite and walk in robe while the other three bedrooms are off their own hallway with easy access to bathroom with separate shower and bath as well as a full laundry. The kitchen, meals and living area are open plan while here is a second living space at the front and third living or rumpus at the rear. The study is the perfect space for those working from home and also offers direct access to a double remote garage. The house is serviced by gas central heating, split systems and ceiling fans. Outside you have a large entertaining area and plenty of room for kids and pets to play. It is rare to find a house of this size in this location. The exclusive listing agent Dominic Morrison looks forward to meeting you at another busy Ballarat Real Estate open home.

Property History for 59 Faversham Ave, Lake Gardens, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$780,000
15 Nov 2021
Listed for Rent
$380/w
13 Sep 2014
  • 15 Nov 2021
    Sold for $780,000
  • 07 Jul 2021
    Listed for Sale $745,000 - $785,000
  • 01 Sep 2014
    Listed for Rent $380 / week
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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 5 properties listed for sale, and 1 property 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

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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.