7/506 Wendouree Parade, Lake Wendouree, VIC 3350 | Property Value & History | OnTheHouse
OFF MARKET

7/506 Wendouree Parade
Lake Wendouree VIC 3350

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 283m2
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Property Details for 7/506 Wendouree Pde, Lake Wendouree

7/506 Wendouree Pde, Lake Wendouree is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 283m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
Unit
Floor Size
118m2
Land Size
283m2
Local Government
Ballarat
Lot/Plan
7/SP34140

Last Listing description (February 2016)

If you are looking for the perfect unit to retire in, then look no further. This is the best location in Ballarat, having Lake Wendouree at your doorstep and so close to the botanical gardens. There are supermarkets, post office, shops and transport within a very short walk from your front door. The unit consists of 3 bedrooms with robes, very functional and spacious bathroom and a separate toilet with vanity. The main living area of the house is bright and has a designated dining area which opens with French doors to the outside space. The kitchen is separate with dishwasher and plenty of bench space. Outside is a beautiful paved entertaining area with beautiful established flowers. Other extras included are central gas heating, air conditioning, high ceilings as well as a double auto garage with internal access. This unit has been very well loved its whole life and is now looking for its new owner and is ready for a quick settlement. Make sure you don't miss out on this, as they don't come up very often.

Property History for 7/506 Wendouree Pde, Lake Wendouree, VIC 3350

A timeline of how this property has performed in the market
Last Sold
$395,000
05 Jan 2016
  • 05 Jan 2016
    Sold for $395,000
  • 01 Oct 2015
    Listed for Sale Not Disclosed
  • 02 Dec 1991
    Sold for $160,000
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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 1,595 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 14 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.