8 Dermot Street, Wendouree, VIC 3355 | Property Value & History | OnTheHouse
FOR SALE

8 Dermot Street
Wendouree VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 107m2
Land area: 636m2
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Property Details for 8 Dermot St, Wendouree

8 Dermot St, Wendouree is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 636m2 and floor size of 107m2.This Property is currently listed for sale with PRD Real Estate Ballarat

Building Type
House
Year Built
1975
Floor Size
107m2
Land Size
636m2
Local Government
Ballarat
Lot/Plan
377/LP34251

Last Listing description (September 2026)

Positioned in a well-established and highly accessible pocket of Wendouree, 8 Dermot Street presents an outstanding opportunity for investors seeking a quality property with immediate income and long-term growth potential. Set on a generous 636m (approx.) allotment, this solid home offers the perfect combination of reliable returns and a convenient family-friendly location.

A major advantage of this property is the secure tenancy already in place until July 2027, providing investors with peace of mind and consistent rental income from day one.

The home features three spacious bedrooms, well-appointed bathroom, and comfortable living area designed for practical family living. The functional floorplan caters to a broad tenant market, ensuring ongoing appeal in a location where quality rental properties remain in strong demand.

At the heart of the home, the open-plan living and dining space provides a welcoming environment for everyday living, while the generous backyard offers plenty of room for outdoor activities, family enjoyment, or future enhancement opportunities (STCA).

Completing the package is a double garage and carport, providing secure vehicle accommodation and valuable additional storage.

Conveniently located close to schools, shopping centres, medical facilities, public transport, sporting venues, and parklands, the property offers easy access to everything that makes Wendouree one of Ballarat's most popular and practical suburbs. Stockland Wendouree, the Wendouree Train Station, and Lake Wendouree are all just a short distance away, further strengthening the property's investment appeal.

Whether you're looking to expand your portfolio or secure a well-positioned asset with an established tenancy, 8 Dermot Street represents an excellent opportunity in a strong and proven market.

Price Guide: $549,000 - $579,000

Property Highlights
Securely leased until July 2027
Three spacious bedrooms
Well-appointed bathrooms
Generous 636m (approx.) allotment
Open-plan living and dining area
Garage and carport with secure parking and storage
Family-friendly floorplan with broad tenant appeal
Close to schools, shopping centres, public transport, and parklands
Minutes from Stockland Wendouree and Wendouree Train Station
Strong investment opportunity in a sought-after location
Excellent long-term growth and income potential

Offering immediate rental security, generous land size, and a convenient Wendouree address, 8 Dermot Street is a smart addition to any investment portfolio.

Ballarat's Best-Selling Team

Property History for 8 Dermot St, Wendouree, VIC 3355

A timeline of how this property has performed in the market
Last Sold
$447,000
03 May 2021
Listed for Rent
$290/w
17 Feb 2020
  • 26 Aug 2026
    Listed for Sale $549,000 - $579,000
  • 03 May 2021
    Sold for $447,000
  • 22 Apr 2021
    Listed for Sale $445,000 - $449,000
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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 6,681 properties. Over the last 5 years, Houses in Wendouree have seen a 23.94% increase in median value, while Units have seen a 23.44% increase. As at 31 August 2026:

  • The median value for Houses in Wendouree is $538,343 while the median value for Units is $408,241.
  • Houses have a median rent of $410 while Units have a median rent of $340.
There are currently 44 properties listed for sale, and 28 properties listed for rent in Wendouree on OnTheHouse. According to Cotality's data, 360 properties were sold in the past 12 months in Wendouree.

Suburb Insights for Wendouree 3355

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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.