122B Burnbank Street, Lake Wendouree, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

122B Burnbank Street
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 220m2
Land area: 553m2
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Property Details for 122b Burnbank St, Lake Wendouree

122b Burnbank St, Lake Wendouree is a 3 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2000. The property has a land size of 553m2 and floor size of 220m2. While the property is not currently for sale or for rent, it was last transferred in May 2021.

Building Type
Unit
Year Built
2000
Floor Size
220m2
Land Size
553m2
Local Government
Ballarat
Lot/Plan
1/PS429395

Last Listing description (August 2026)

Positioned within one of Lake Wendouree's most tightly held and prestigious streets, this impeccably renovated residence presents an exceptional combination of luxury, space and practicality, with a calibre of features rarely found in this blue-chip location. Offering three generous bedrooms including a ground-floor master suite, three separate living areas, a genuine four-car garage and substantial shedding, the home is perfectly suited to discerning downsizers seeking space without compromise, those considering a tree change to Ballarat, or families wanting an exceptional lifestyle within walking distance of Ballarat Grammar School.

Showcasing premium Blackbutt flooring, luxurious wool carpets, beautifully renovated bathrooms and a designer kitchen illuminated by Velux skylights, every element has been thoughtfully considered. Quality climate control throughout, a protected pergola entertaining area and a private, established backyard further enhance the home's effortless liveability. For downsizers, the ground-floor master suite and extensive garaging provide the practicality of predominantly single-level everyday living without sacrificing space for visiting family, hobbies or treasured vehicles.

Enjoying picturesque glimpses of Lake Wendouree and positioned only steps from the foreshore, the location is equally impressive. Ballarat Grammar School is within easy walking distance, creating an outstanding option for families considering the move to Ballarat rather than boarding, while still offering the space, lifestyle and amenity that makes a regional tree change so appealing. With cafs, supermarkets, walking trails and sporting facilities all close by, this is a rare opportunity to secure a high-end home in one of Ballarat's most sought-after addresses.

Beautifully renovated three-bedroom, two-bathroom home showcasing modern elegance and exceptional attention to detail throughout.
Prestigiously positioned in one of Lake Wendouree's most sought-after streets, just moments from the lake foreshore, walking trails, sporting facilities, cafs and everyday amenities.
An exceptional proposition for downsizers seeking a luxurious, low-maintenance lifestyle while retaining generous living spaces, substantial garaging and room for visiting family and friends.
Ideally suited to those considering a tree change to Ballarat, combining the space and tranquillity of regional living with outstanding access to schools, shopping, dining and the city centre.
Ballarat Grammar School is within easy walking distance, presenting families with an attractive alternative to boarding and the opportunity to live close to school while embracing the Lake Wendouree lifestyle.
Stunning Blackbutt timber flooring flows throughout the living spaces, perfectly complemented by luxurious 100% wool carpets that add warmth, comfort and sophistication.
The designer kitchen has been thoughtfully crafted for both everyday living and entertaining, featuring striking granite benchtops, an induction cooktop, dual ovens, dishwasher and premium electric push-open cupboards and drawers.
An impressive ground-floor master suite offers a private retreat, complete with a beautifully appointed ensuite and expansive robe space designed to accommodate even the most extensive wardrobe.
Two additional generously proportioned bedrooms provide wonderful space for family members or guests and are serviced by a stunningly renovated central bathroom.
Three separate living areas provide exceptional flexibility, allowing families to spread out while giving downsizers the freedom to accommodate guests, create a home office or simply enjoy additional space.
Zoned hydronic heating throughout the home allows individual areas to be tailored for personalised comfort and luxury.
Upstairs ducted heating and cooling, combined with downstairs reverse-cycle heating and cooling, provides effortless climate management across both levels.
A stylish gas log fireplace creates a warm and inviting focal point within the formal lounge, perfect for relaxing during the cooler months.
Premium double-glazed windows and doors throughout significantly enhance energy efficiency while also providing excellent acoustic insulation from the outside world.
Quality dual drapery throughout the home adds an additional layer of elegance, privacy and year-round comfort.
Abundant natural light fills the home thanks to thoughtfully installed Velux skylights and Illume solar lighting, creating bright and welcoming living spaces.
Ceiling fans to all bedrooms further enhance comfort and airflow throughout the seasons.
A well-designed laundry incorporates a heated drying cupboard, extensive storage options and practical under-stair storage solutions.
The updated balcony offers a tranquil space to unwind while enjoying picturesque glimpses towards iconic Lake Wendouree.
Established gardens are supported by an automated irrigation system, ensuring beautiful presentation with minimal maintenance.
A genuine four-car garage is a particularly rare offering in this location, providing outstanding space for vehicles, recreational equipment, a prized car collection or additional storage.
The substantial rear shed has been fully lined, creating a versatile space ideal as a home gym, executive office, studio, workshop or teenager's retreat.
The beautifully maintained rear yard is complemented by a separate utility area, delivering outstanding practicality without compromising outdoor enjoyment.
Rarely does a home of this calibre become available in such a tightly held Lake Wendouree location, offering an exceptional opportunity for downsizers, tree changers and families seeking luxury, lifestyle and proximity to one of Ballarat's leading schools.

Property History for 122b Burnbank St, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Transferred
22 May 2021
  • 26 Jun 2026
    Listed for Sale $1,350,000 - $1,395,000
  • 22 May 2021
    Transferred
  • 04 Sep 2016
    Sold for $627,500
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About Lake Wendouree 3350

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:

  • The median value for Houses in Lake Wendouree is $897,023 while the median value for Units is $560,799.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 13 properties listed for sale, and 1 property listed for rent in Lake wendouree on OnTheHouse. According to Cotality's data, 91 properties were sold in the past 12 months in Lake wendouree.

Suburb Insights for Lake Wendouree 3350

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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.