1 Dowling St, Lake Wendouree is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in May 2015.
RENOVATE OR REDEVELOP DEMOLITION PERMIT APPROVED
SITUATED IN ONE OF THE MOST SOUGHT AFTER STREETS IN LAKE WENDOUREE IS THIS DELIGHTFUL HOME SET ONLY 1 DOOR FROM LAKE WENDOUREE. THIS FABULOUS 1950S THREE BEDROOM HOME OFFERS THE NEW PURCHASER AN OPPORTUNITY TO RECREATE OR SIMPLY ENJOY THE PROPERTY LOCATED ON APPROX. 645M2. AS WELL AS THE THREE BEDROOMS THERE IS A FORMAL LOUNGE, A FORMAL DINING, A CASUAL LIVING ROOM OVERLOOKING THE FRONT GARDENS AND BEYOND. THE REAR YARD OFFERS GARDEN SHEDS AND PRIVACY. FANTASTICALLY LIGHT AND IN GREAT ORDER THIS RESIDENCE WOULD SUIT A WIDE RANGE OF BUYERS LOOKING TO MAKE THEIR MARK. THERE IS AN OPPORTUNITY TO REDESIGN THE FLOOR PLAN AND POSSIBLY EXTEND BOTH OUT AND UP IF ONE NEEDS MORE SPACE OR DEMOLISH FOR A NEW START. THIS IS A RARE FIND IN A VERY TIGHTLY HELD LAKE PRECINCT. TAKE THE OPPORTUNITY TO INSPECT AND APPRECIATE THIS AMAZING OPPORTUNITY. A DEMOLITION PERMIT HAS BEEN GRANTED BY THE CITY OF BALLARAT FOR THOSE LOOKING TO BUILD THEIR DREAM HOME ONLY METERS TO LAKE WENDOUREE.
The size of Lake Wendouree is approximately 4.6 square kilometres. There are 6 parks, covering nearly 65.7% of the total area. The population of Lake Wendouree in 2016 was 2882 people. By 2021 the population was 2878 showing a population decline of 0.1% in the area during that time. The predominant age group in Lake Wendouree is 60-69 years. Households in Lake Wendouree are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lake Wendouree work in a professional occupation.In 2021, 72.90% of the homes in Lake Wendouree were owner-occupied compared with 70.00% in 2016.
Lake Wendouree has 1,589 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 9.45% increase in median value, while Units have seen a 16.14% increase. As at 31 May 2026:
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