2/5 Symons StreetWendouree VIC 3355
Property Details for 2/5 Symons St, Wendouree
Last Listing description (December 2024)
Prime Development Opportunity
Discover the potential of this 898m2 (approx.) development block nestled in a coveted precinct near Lake Wendouree. With approved plans and permits for a three-townhouse development (photo listed for reference), this property offers an exceptional opportunity for savvy developers and investors alike.
Located in close proximity to Lake Wendouree, residents will enjoy easy access to its serene surroundings and recreational activities. The property is also conveniently situated near major shopping centres, medical facilities, and sporting amenities, ensuring residents have everything they need within reach.
The property is development-ready, with approved plans and permits in place for immediate commencement of construction, saving valuable time and effort.
This is a rare chance to capitalize on Ballarat's growing demand for quality housing in a sought-after location. Whether you're looking to build and sell or hold for rental income, the potential returns are promising.
Don't miss out on this exceptional opportunity to secure your future in one of Ballarat's most desirable areas. Contact us today to learn more about this thriving community and its potential for your next development project.
Property History for 2/5 Symons St, Wendouree, VIC 3355
- 25 Jun 2024Listed for Sale $399,000 - $419,000
Recent sales nearby
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About Wendouree 3355
The size of Wendouree is approximately 9.6 square kilometres. There are 23 parks, covering nearly 12.5% of the total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.
Wendouree has 6,657 properties. Over the last 5 years, Houses in Wendouree have seen a 30.05% increase in median value, while Units have seen a 35.90% increase. As at 31 May 2026:
- The median value for Houses in Wendouree is $538,136 while the median value for Units is $429,384.
- Houses have a median rent of $400 while Units have a median rent of $330.
Suburb Insights for Wendouree 3355
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