We are excited to offer this vacant allotment of prime land in a coveted position comprising of 478m2 (approx.). A portion of the north side of the existing house is to be demolished to create this premium allotment and it is expected to be titled & ready to build on by mid-2019. All services will be available and a new boundary fence will be constructed as part of the subdivision.
This sensational block has the potential to have views of picturesque Lake Wendouree and offers a lifestyle focused on enjoying the prominent position a few doors down from Lake Wendouree and within walking distance to cafes, schools, hospitals and the CBD.
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 7.15% increase in median value, while Units have seen a 16.90% increase. As at 30 June 2026:
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