Opportunities of this calibre are exceptionally rare. Positioned in one of Ballarat's most prestigious and tightly held locations, 10B Grove Street, Lake Wendouree presents an outstanding opportunity to secure a premium parcel of land and build your dream home in a sought-after lifestyle setting.Set on approximately 479m, this superb allotment offers the perfect canvas for a luxurious custom residence, allowing buyers the freedom to design and create a home tailored to their individual vision and lifestyle. Whether you're looking to build a contemporary masterpiece, an elegant family home, or a sophisticated downsizer, this prime parcel provides endless possibilities in an enviable location.What truly sets this property apart is its exceptional position. Nestled within the heart of Lake Wendouree, one of Ballarat's most coveted suburbs, you'll enjoy the lifestyle benefits that come with living just moments from the lake, picturesque walking tracks, renowned schools, sporting facilities, cafs, and the vibrant Ballarat CBD.Surrounded by quality homes and established streetscapes, this is a location synonymous with prestige, convenience, and long-term value. Enjoy morning walks around Lake Wendouree, easy access to Ballarat Grammar and St Patrick's College, nearby hospitals, and some of Ballarat's finest dining and recreational amenities, all within minutes of your doorstep.With services readily available and easy site access already established, the hard work has been done, allowing you to focus on bringing your dream home to life.Premium land in Lake Wendouree is becoming increasingly difficult to secure, making this an exceptional opportunity for owner-occupiers, downsizers, and discerning buyers seeking a blue-chip address with lasting appeal.Price Guide: $995,000 - $1,075,000Don't miss this rare chance to secure a premium allotment in one of Ballarat's most exclusive locations and create a lifestyle that is second to none.Property Highlights Premium 479m (approx.) allotment Prestigious Lake Wendouree address Rare opportunity to build in a tightly held blue-chip location Ideal for a luxury family home or executive residence Surrounded by quality homes and established streetscapes Moments from Lake Wendouree and its picturesque walking tracks Close to Ballarat Grammar, St Patrick's College, and major amenities Easy access to hospitals, cafs, sporting facilities, and Ballarat CBD Established access and excellent building potential Exceptional lifestyle and long-term investment appealA rare landholding in one of Ballarat's most desirable locations, 10B Grove Street offers the opportunity to build something truly special in the heart of Lake Wendouree.Ballarat's Best-Selling Team
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 1,594 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 4.54% increase in median value, while Units have seen a 14.84% increase. As at 31 July 2026:
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