1007 Gregory St, Lake Wendouree is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 1155m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Set on an expansive 1,155m (approx.) allotment in a prime growth location, this property presents a rare and versatile development opportunity. The existing residence comprises three generous bedrooms with built-in robes, a spacious timber kitchen with gas cooking, open-plan kitchen/meals area, a separate front lounge with gas heating and air conditioning, and a central bathroom with both bath and shower.The standout feature is the substantial land size-perfect for subdivision (STCA), multi-dwelling development, or building a modern family home with extensive outdoor space. A large shed at the rear adds further value for storage or workshop use.Ideally positioned just moments from Lake Wendouree, cafes, hospitals, schools, and the Ballarat CBD-this is a location that consistently delivers strong buyer and tenant demand.
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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