500 Wendouree Parade, Lake Wendouree, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

500 Wendouree Parade
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 169m2
Land area: 245m2
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Property Details for 500 Wendouree Pde, Lake Wendouree

500 Wendouree Pde, Lake Wendouree is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2004. The property has a land size of 245m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Townhouse
Year Built
2004
Floor Size
169m2
Land Size
245m2
Local Government
Ballarat
Lot/Plan
2/PS513058

Last Listing description (July 2026)

Commanding an irreplaceable position directly opposite the tranquil, tree-lined shores of Lake Wendouree, this distinguished residence represents the pinnacle of blue-chip Ballarat living. Set amongst some of the region's most admired homes, this exceptional property delivers an enviable combination of timeless elegance, generous proportions and breathtaking lifestyle appeal, where morning walks, lakeside sunsets and a true sense of prestige become part of everyday life.

Three beautifully proportioned bedrooms, each thoughtfully designed to provide comfort and privacy, including a refined master suite positioned as a peaceful retreat, complete with a private ensuite and built-in storage.
Two impeccably presented bathrooms featuring quality fittings, clean lines and a sophisticated, contemporary finish, designed to service both family living and guests with ease.

A series of expansive living zones that offer versatility and scale, creating the perfect environment for both relaxed day-to-day living and impressive entertaining, all enhanced by an abundance of natural light.
A centrally positioned kitchen that acts as the heart of the home, boasting generous bench space, quality appliances and extensive cabinetry, seamlessly integrating with the adjoining dining and living areas for effortless functionality.
Large windows throughout the home not only flood the interiors with natural light but also capture glimpses of the surrounding greenery and lakeside atmosphere, enhancing the overall sense of space and serenity.
A truly standout feature of the home is the expansive outdoor living and entertaining area, designed to cater for gatherings of all sizes, offering a seamless extension of the indoor living space and creating the ultimate setting for year-round entertaining.
This impressive outdoor zone provides ample room for dining, lounging and hosting, all while enjoying the privacy of the allotment and the prestige of the surrounding location.
Seamless indoor-outdoor flow enhances the liveability of the home, making entertaining effortless and elevating everyday living.
Single lock-up garage with internal access offering secure accommodation, complemented by additional off-street parking.
Positioned directly opposite Lake Wendouree, allowing immediate access to walking and cycling tracks, parklands, playgrounds and some of Ballarat's most iconic lifestyle amenities.
Surrounded by a prestigious streetscape of high-quality homes, reinforcing the exclusivity and enduring value of this tightly held address.
Moments from Ballarat's leading schools, cafes, restaurants, sporting facilities and the CBD, ensuring convenience without compromising on lifestyle.
With both privacy and presence, and scope to further enhance or personalise, this home is an exceptional long-term opportunity.

This is more than just a home-it is a statement of lifestyle and prestige, offering a once-in-a-generation opportunity to secure a prized Wendouree Parade address and experience lakeside living at an exceptional level.

Property History for 500 Wendouree Pde, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$720,000
22 Feb 2007
Listed for Rent
$1.20k/w
01 May 2019
  • 22 Apr 2026
    Listed for Sale $1,745,000 - $1,795,000
  • 01 May 2019
    Listed for Rent $1,200 / week
  • 27 Aug 2018
    Listed for Rent $1,200 / week
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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 1,593 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, 89 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.