Compare All Lake Wendouree Agents
Rank individual agents by experience at selling similar properties to yours.
Agent Fees & Marketing Costs
Instantly see average agent fees in Lake Wendouree & marketing costs.
Property Value Estimate
A current estimated value of your Lake Wendouree property, before talking to the experts.
There is a huge difference between good and bad agents.
The best agents don’t just sell loads of properties - they sell them faster and at higher values. We've collected data on all of the top agents in Lake Wendouree below, so you can see what kind of difference an experienced agent makes.
In the past 12 months, Lake Wendouree real estate agents have sold 79 properties. Houses in Lake Wendouree spent 22 days on the market before selling and apartments 12 days. Most properties sold were houses.
We have prepared a shortlist of agents operating in Lake Wendouree, but the agents on this list may not suit your style of property. Individual agent performance can vary significantly, even if the agents share the same agencies or office.
Which Real Estate Agent calculates a list of 3 top local agents from all agent sales data in the area, personalised to your property. Get started with our agent comparison tool.
Good agent selection means you increase your chances dramatically of a higher property price and an easy, quick sale. We can calculate a shortlist of top agents through our agent comparison tool.
To start selling, it's best to speak with a top-performing local real estate agent who has experience with properties like yours and can work well with you.
79
(12 Months to Mar 2024)28
(Mar 2024)4
(Mar 2024)A suitable agent should be focused on selling property near yours (bonus for the same street!), experienced at selling property like yours, have a strong history of successful negotiations, and possess a personality that works well with potential buyers and yourself. Most agents have a particular focus, e.g. houses within a certain area, price bracket, and a ranking within their office. We do everything we can to identify these agents for you.
We've crunched the numbers on properties sold in Lake Wendouree and have identified top agents that don’t just sell a lot of properties, but those that appear to sell for more and faster than their competitors.
Top agents achieved 1.3x higher prices than the suburb average.
Skilled real estate agents can increase the value of your Lake Wendouree property through negotiation and driving competition among buyers. With strong negotiation skills and connections within the Lake Wendouree real estate field, they often deliver more than other real estate agents can.
The top 3 agents in Lake Wendouree sell 1.4x faster than the suburb average.
A strong advertising strategy or an extensive buyer’s database typically speeds up the selling process immensely, so ensure your agent can provide both.
Our service is 100% free and no obligation to you.
We are an independent Australian company that helps property owners make informed decisions on which real estate agent to use. We provide independent performance data on real estate agents, making it easy for you to identify the best suited agents to interview and ultimately achieve the best price.
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The lowest fee should not be your top requirement in an agent. Rather, you should look for agents that can strongly back up their fee structure and commission rate.
An agent with a strong sales background in selling quickly and for a higher price will often cover their fee and more. Receive a shortlist of top agents in the local Lake Wendouree area from our agent comparison tool to sell confidently.
Lake Wendouree is one of the more expensive suburbs in Australia when it comes to real estate agent commission rates. Experience has shown us that real estate agent commission rates in Lake Wendouree average around 2.2%.
Compared to other areas in Australia, the commission rate in Lake Wendouree is higher - remember that you can negotiate with your real estate agent about their fees and commissions, as well as inclusions on marketing fees.
Use the real estate agent fee calculator below to determine how much it may cost to sell your property in Victoria. Amounts calculated include 10% GST, but exclude other costs an agent may charge such as advertising and marketing.
The data on this website, including in the graphs and calculator, is approximate in nature and should not be relied upon.
Talking to a top local real estate agent is a good first step to determine what you may be required to pay to sell your property and to understand the local property market.
The graph and calculator use data collected by Which Real Estate Agent in 2019, and provides a state-wide average estimation of commission rate. The data presented should only be used as an indication of what you may be required to pay.
Be careful of extra fees that may be charged by a real estate agent. We recommend you properly review the agency agreement and cost schedules, so there are no surprises when you are presented with the final bill.
There is almost always room to negotiate commissions with agents. Do not be afraid to ask for an agent fee structure that favours your situation and ensures the agent does their job.
However, remember that an agent willing to drop their agent fees to rock-bottom are not likely to have your best interests at heart. Make sure you’re not just padding out someone else’s sales statistics - you should spend a little more to make more.
Need more information about agent fees or costs? Read our comprehensive guide to the fees charged by agents here.
According to our data, you may want to consider selling your Lake Wendouree property in 2024.
The average houses growth in Lake Wendouree has risen to 10.0% over the past 10 years. The increase in property values has led to an appreciating market where selling your property is generally easier and buyers are generally more competitive.
Price growth for Lake Wendouree houses over the last year has been below the ten year annual growth rate, coming in at 1.9% for houses (compared to the 10 year average, 10.0%).
Units/apartment values over the past 12 months in Lake Wendouree have grown higher for 28.1%, compared to the 10 year average, 11.6%.
To find out how to sell your house and to find the best agent, click here.
There are several variables that can affect property values in Lake Wendouree. To accurately estimate the value of your Lake Wendouree property, these variables need to be taken into account.
One of the most significant, but surprising, contributors to your property price is proximity to loud areas or industry.
Several nearby types of infrastructure may drive your house value estimation down. Public infrastructure such as busy roads or flight paths could generate a lot of noise pollution which may deter some buyers, leading to your property selling at a lower price.
With so many potential factors affecting a property’s price, it’s best to do some research before talking to agents.
Figure out the value of your home, and start your selling journey with some confidence. Get started by requesting a property appraisal from an agent today.
There’s a lot to think about when selling your Lake Wendouree property, and a lot of it happens before signing up with an agent.
Initially, you should look at the Lake Wendouree property market and see if the conditions are right. Get an idea of how much your property is valued in the present day, starting with an independent property value report. Then you will want to contact and interview multiple agents (ideally around 3) and discuss selling methods, advertising and fees.
Make sure you are sure about selling, and are realistic about your property’s value when talking to agents. A mistake here could cost you. The best way to avoid costly missteps and get a good price is to sign up with a strong local real estate agent that can walk you through the whole selling process in an honest way.
If you need more in-depth information on each step of the selling process, read our comprehensive guide on selling here.
To find the top agents in your area, look into the sales histories and statistics behind each agent in your area. The best indicator is experience selling similar properties in the local area. This equates to knowledge behind positioning the property to the target market and an active list of prospective buyers that ultimately assists in achieving the best price.
Interview multiple agents to get a feel for fees and quality, and ask for as much proof as possible that they can do the job well.
Get more guides on choosing or finding the best agents here. Get a free shortlist of real estate agents in Lake Wendouree by using our real estate agent comparison tool. We look into agents who sell quickly for the highest prices to ensure you get the best result.
If an agent we suggest is successful in selling your home, they pay us an industry-standard referral fee. If the agent is unsuccessful, there is no fee payable.
This means it is in our best interest to find a top-performing real estate agent that can sell your property with minimum fuss.
No. In comparison to our competitors, we do NOT have a limited database of agents to work with. We do not have special agreements with any agents or agencies for property sales.
Which Real Estate Agent is unique in that we carefully analyse the local agents in the area and base our recommendations upon individual agent sales histories and customer reviews.
In addition, we receive the same referral fee regardless of which suggested agent is chosen by you. We only receive the fee if the property is sold.
Lake Wendouree is a suburb of Ballarat, Victoria, Australia located immediately west of the Ballarat CBD and encompasses the man-made recreational lake Lake Wendouree after which it is named. At the 2006 census, Lake Wendouree had a population of 1,471
It is Ballarat’s most prestigious address and home to many of the city’s wealthiest residents and home to much of its old money. It has the highest median value in the Ballarat urban area, the suburb also holds the record for the highest declared price for a residential property sale in Ballarat – $1.5 million and has highest percentage of home ownership in Ballarat.
Lake Wendouree is bordered by the Ballarat railway line to the north, Drummond Street North and Lexton Street to the east, Mair and Sturt Streets to the south and Gillies Street to the west.
The area was established in the 1870s. As the lake became a recreational landmark during the land boom of the Victorian era which followed the Victorian gold rush days the area became popular with the city’s wealthy. Led by the bluestone gothic Bishop’s palace and later the entrepreneur William Bailey many large mansions and impressive homes were established in the area close to the lake. Despite the decline in Ballarat’s wealth, the march of large expensive homes toward the shores of the lake continued well into the 1920s. Further subdivision has occurred but been mild preserving many of the original homes and much of the suburb is now part of council Heritage Overlays.
The suburb with a high proportion of large homes and mansions exploiting views and proximity to the lake. Tree lined Webster Street in particular is frequently proclaimed by estate agents to be Ballarat’s most prestigious and most expensive address and properties in nearby streets will often be advertised based on their proximity to Webster Street area in order to boost their sales value.
The Lake Wendouree remains the wealthiest area of Ballarat and the centre of the city’s old money. According to Property Data Lake Wendouree has the highest percentage of home ownership in Ballarat.
Parks circumnavigate the lake at Lake Wendouree have many recreational facilities including boats and rowing sheds. The most prominent park is the Ballarat Botanical Gardens at the west end of the suburb.
The City Oval precinct is in Lake Wendouree. It is one of Ballarat’s largest and oldest stadiums and hosts both Australian rules football, cricket and a nearby bowling club. North of the lake on Gregory Street is the Central Wendouree bowling club.
St John of God Hospital complex is located in Lake Wendouree.
Lake Wendouree has a number of schools including the Ballarat campus of the Australian Catholic University;Loreto College and the Pleasant Street Primary School.
A prominent building in Lake Wendouree is the Nazareth House convent complex.