2. VIC
  3. Ballarat

Houses Units

Here you can find what you need to know about Lake Gardens, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$733K Median Sale Price (National Average $485k) 387th In VIC
-6.69% Median Sale Price Change (1yr) (National Average 4.30%) 2669th In VIC
$460pw Median Rent (National Average $395) 468th In VIC
3.3% Median Gross Yield (National Average 4.24%) 362nd In VIC
Properties sold 28
Average discounting -6.09%
Average Days on Market 62
Stock on Market 19 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Lake Gardens, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Lake Gardens, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Lake Gardens, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Lake Gardens


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Lake Gardens, VIC 3355

Part of: Ballarat Council No data available

The size of Lake Gardens is approximately 1.2 square kilometres. It has 3 parks covering nearly 17.1% of total area. The population of Lake Gardens in 2011 was 1,665 people. By 2016 the population was 1,708 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Gardens is 10-19 years. Households in Lake Gardens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Gardens work in a professional occupation. In 2011, 69.6% of the homes in Lake Gardens were owner-occupied compared with 68% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Lake Gardens

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Lake Gardens   for Houses in last 12 months


There have been 28 Houses sold in Lake Gardens in the past 12 months with a median sale price of $733K, down 6.7% annually. It takes on average 40 days to sell with vendor discounting of -6.1%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Lake Haven NSW, 2263 10% $803,000 $530pw 3.4% View Suburb Profile
Kenilworth QLD, 4574 11.19% $795,000 Unavailable Unavailable View Suburb Profile
Chisholm ACT, 2905 -2.83% $806,500 $630pw 4.1% View Suburb Profile
Herne Hill VIC, 3218 -5.37% $695,500 $460pw 3.4% View Suburb Profile
Lake Wendouree VIC, 3350 -7.24% $1,217,500 $410pw 1.8% View Suburb Profile
Elaine VIC, 3334 Unavailable Unavailable Unavailable Unavailable View Suburb Profile

Currency

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