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
|
3 cinnamon dr, lake gardens, vic, 3355 |  4 |
 3 |
 2 |
$1,350,000-$1,390,000 |
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
Lake Gardens weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 11.8 | 27.4 | 29.5 | 91.9 | 5.8 | 25.9 |
| Feb | 1.4 | 12.2 | 26.1 | 35.5 | 93.9 | 5.8 | 21.7 |
| Mar | 1.1 | 10.6 | 23.4 | 38.1 | 95.2 | 5.5 | 16.8 |
| Apr | 1.5 | 7.8 | 18.6 | 49.5 | 96.9 | 4.8 | 12.3 |
| May | 1.8 | 5.4 | 14.1 | 63.5 | 97.9 | 5.0 | 8.7 |
| Jun | 1.9 | 3.6 | 11.2 | 74.0 | 99.0 | 4.9 | 7.2 |
| Jul | 2.1 | 3.4 | 10.5 | 74.3 | 98.9 | 5.7 | 7.5 |
| Aug | 1.9 | 3.3 | 11.6 | 65.1 | 98.4 | 5.6 | 10.4 |
| Sept | 2.2 | 4.6 | 14.3 | 58.1 | 97.1 | 5.6 | 14.4 |
| Oct | 1.6 | 6.5 | 18.1 | 49.6 | 96.4 | 5.4 | 19.8 |
| Nov | 1.6 | 8.3 | 20.8 | 44.7 | 96.5 | 5.3 | 22.6 |
| Dec | 1.3 | 10.3 | 24.6 | 33.7 | 93.8 | 5.6 | 25.5 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Clunes - Greater then 10KM
Bullarto - Greater then 10KM
Musk - Greater then 10KM
Ballarat - Less than 5 KM
Daylesford - Greater then 10KM
Creswick - Greater then 10KM
Ballan - Greater then 10KM
General Points of Interest
Federation University Australia (Camp Street Campus) - Less than 5 KM
swimming centre - Less than 5 KM
The Magpie Goldrush & Pulpit Rock - Less than 10 KM
Community Pavilion - Less than 2 KM
Ballarat Aquatic and Leisure Centre - Less than 1 KM
Central Wendouree Bowling Club Inc. - Less than 2 KM
Gold Discovery Memorial - Less than 5 KM
Anytime Fitness - Less than 10 KM
Helen McKay Memorial - Less than 10 KM
Korean, Borneo, Malayan & Vietnam Memorial - Less than 5 KM
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