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
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
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:
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