Lake Gardens
VIC, 3355 - Ballarat

Thinking about buying in Lake Gardens? Now could not be a better time, with 956 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $870,000 with prices in this suburb ranging from $303,000 to $2,022,000. The aproximate distance to the coast is 76 Km.

Household Makeup

Median Weekly Rent $350.00
Median Monthly Mortgage $1447.00
Median Persons Per Bedroom 0.60
Average Household Size 2.00
Average Age 49.00
Average Income $780.00
Average Cars Per Dwelling 1.60
Average Properties Within 50M 11

Housing Stock

Average Property Prices

1 Bed  $462,000
2 Bed  $656,000
3 Bed  $779,000
4 Bed  $1,114,000
5 Bed  $1,372,000
6 Bed+$1,179,000

Lake Gardens Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Lake Gardens ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Lake Gardens provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Lake Gardens necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Lake Gardens we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lake Gardens a better buying opportunity than it may have been in the past.

Houses for sale Lake Gardens

Buxton 13 ST CHESTER AV, LAKE GARDENS, VIC, 3355 Beds4 Bathrooms2 Parking 2 $799,000 - $849,000
PRD 11 AYRVALE AV, LAKE GARDENS, VIC, 3355 Beds3 Bathrooms2 Parking 2 $549,000
PRD 3 CINNAMON DR, LAKE GARDENS, VIC, 3355 Beds4 Bathrooms3 Parking 2 $1,350,000-$1,390,000
Ray White 15 FAVERSHAM AV, LAKE GARDENS, VIC, 3355 Beds5 Bathrooms2 Parking 2 890000

Local Schools

Ballarat Specialist School

Ballarat High School

Loreto College

Wendouree Primary School

Ballarat Grammar

Alfredton Primary School

St Thomas More School

St Patrick's College Ballarat

Yuille Park P-8 Community College

Ballarat Clarendon College

(While the above schools are located with the suburb of Lake Gardens there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Lake Gardens weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
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(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Lake WendoureeAlfredtonWendoureeNewingtonBallarat CentralSoldiers HillDelacombeRedanInvermay ParkLucas

Public Transport

General Points of Interest

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