42 Victoria Ave, Lake Wendouree is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 595m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Lake Wendouree in the last 12 months.
Presenting a rare opportunity to secure a truly exceptional home in one of Ballarats most prestigious addresses 42 Victoria Avenue, Lake Wendouree. Just a few doors from the iconic Lake Wendouree, this impeccably restored Californian Bungalow is a flawless blend of period elegance and contemporary luxury. Positioned on a quiet, tree-lined street, this home offers an enviable lifestyle in a tightly held pocket of Ballarat, surrounded by character homes and unmatched charm.Step inside and be instantly impressed by the soaring 3m ceilings, spotted gum polished floorboards, intricate cornices, leadlight windows, and stunning decorative fireplaces that define the homes timeless appeal. The ground level boasts a spacious formal living area, a king-sized master bedroom with a walk-in robe and a luxurious ensuite featuring underfloor heating, spacious walk-in shower, stone benchtops and a heated towel rail. A second king sized bedroom on the ground level includes double built-in robes, picture rails and the perfect space for guests. The well-equipped laundry with a drying cupboard, and a separate powder room also coming off the alfresco area adds everyday convenience. Hydronic heating throughout, ensures year-round comfort and functionality.Upstairs has been designed with families in mind, featuring a stunning staircase illuminated by Velux skylights that open the space to natural light. A desirable second living zone offers space for a gym and full teen retreat, with an underroof storage nook and built in study desk ideal for kids homework with the addition of a split system for all year-round comfort. Two more bedrooms on the upper level with vaulted ceilings, split systems and walk-in robes are serviced by a beautifully finished family bathroom, complete with underfloor heating, double vanity, walk-in shower with floor to ceiling tiles, and a freestanding bath.The heart of the home lies in its expansive extension with the open-plan kitchen, dining and living zone, where form meets function. The stone waterfall island, induction cooktop, wall oven, grill, and full butlers pantry make this a chefs dream. The space flows effortlessly to the stunning alfresco entertaining area, with polished concrete floors, double glazed bifold doors that open to create the perfect indoor-outdoor setting and with the stunning Velux windows again offering an abundance of natural light to the outdoor area. The open plan living space in addition to the hydronic heating has a split system air conditioner. The meticulously maintained backyard offers plenty of space for children or pets, with a garden shed, and rear lane access from Mill Street via an electric gate offers off street parking and the secure single garage off Victoria Avenue for additional secure parking.Perfectly positioned within walking distance of Lake Wendouree, Ballarats best schools, hospitals, train station, and the CBD, this home offers the ultimate in lifestyle and location. Whether you're upsizing, relocating, or seeking something truly special, 42 Victoria Avenue delivers timeless quality, modern luxury, and one of Ballarat's most coveted addresses.
The size of Lake Wendouree is approximately 4.6 square kilometres. It has 6 parks covering nearly 65.7% of 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 1,592 properties. Over the last 5 years, Houses in Lake Wendouree have seen a 17.75% increase in median value, while Units have seen a 22.37% increase. As at 30 November 2025:
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