Real Estate Wendouree, VIC, 3355 Ballarat

Thinking about buying in Wendouree? Now could not be a better time, with a whopping 7015 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $540,000 with prices in this suburb ranging from $123,000 to $2,056,000.

Distance to the coast is 75 Km.

Wendouree Real Estate Market Outlook

In Wendouree there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Wendouree due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Wendouree changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Wendouree the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Household makeup

Median Weekly Rent $252.76
Median Monthly Mortgage $1111.90
Median Persons Per Bedroom 0.74
Average Household Size 2.05
Average Age 41.33
Average Income $565.90
Average Cars Per Dwelling 1.50
Average Properties Within 50M 13

Housing Stock

Typical Property Prices

1 Bed $328,000
2 Bed $396,000
3 Bed $526,000
4 Bed $631,000
5 Bed $595,000
6 Bed+$843,000
Instant Property Valuation

Houses for sale Wendouree

BarryPlant 1104 NORMAN ST, WENDOUREE, VIC, 3355 3 2 2 Price Guide: $495,000 - $525,000
BarryPlant 1253 GREVILLEA RD, WENDOUREE, VIC, 3355 3 1 Price Guide: $380,000
Fletchers 31 LAKE ST, WENDOUREE, VIC, 3355 For Sale $279,500
Fletchers 2 FISHER ST, WENDOUREE, VIC, 3355 3 1 4 For Sale $645,000 - $670,000
Harcourts 6 CLEMATIS AV, WENDOUREE, VIC, 3355 3 1 1 $395,000 - $420,000
Harcourts 417 GILLIES ST NORTH, WENDOUREE, VIC, 3355 2 1 1 $290,000 - $315,000
Harcourts UNIT 1, 1005 GREVILLEA RD, WENDOUREE, VIC, 3355 2 1 1 $279,999 - $299,999
Harcourts 4 MATHILDA ST, WENDOUREE, VIC, 3355 3 1 2 $525,000 - $550,000

Local Schools

Ballarat Secondary College

Yuille Park P-8 Community College

Forest Street Primary School

Wendouree Primary School

Our Lady Help of Christians School

Ballarat Grammar

St Columba's School

Macarthur Street Primary School

Ballarat North Primary School

Ballarat Specialist School

(While the above schools are located with the suburb of Wendouree 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.

Wendouree weather - Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Lake GardensLake WendoureeInvermay ParkSoldiers HillBallarat NorthMount RowanNewingtonAlfredtonBallarat CentralBlack Hill

Public Transport

General Points of Interest

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