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Lake Wendouree Real Estate Agents

Free performance report on all Lake Wendouree agents

Lake Wendouree Real Estate Agents Report - It's free

There are 69 real estate agents servicing Lake Wendouree and surrounds. In 2014 they sold 42 properties. We have analysed all these Lake Wendouree agents and on request within 24 hours we will send you a free, up-to-date report on their performance, sales track record and what fees you should pay. View report contents

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Lake Wendouree Real Estate Agents - As featured in
Lake Wendouree Property Market Summary

Real Estate Agents Lake Wendouree – 2012/13 Performance

Lake Wendouree Real Estate Agents sold 42 houses over the last 12 months. On average these 42 Lake Wendouree houses took 59 days to sell and were sold at an average discount of -8% from their initial listing price.

The best Lake Wendouree Real Estate Agents sell properties considerably better than these average figures. We detail who these Lake Wendouree agents are in our free report.

Importantly it is the performance of the individual real estate agent rather than the agency used that matters. With over 69 agents operating in the Ballarat – Central council area servicing the Lake Wendouree market and 26 agencies, vendors should only use those Lake Wendouree agents who routinely deliver superior results for their clients. This is crucial to maximise their chances of securing the best possible price for their Lake Wendouree property.

With total house price growth of 64% over the last five years Lake Wendouree agents have had it reasonably easy selling into an appreciating market. Growth in Lake Wendouree houses over the last year has been above the five year annual growth rate, coming in at 17% (5yr average 13%).

Request your free report for the individual performance details of real estate agents in Lake Wendouree and the properties they have sold over the last couple of years.

With Lake Wendouree property transactions only occurring on average every 7 years, securing the best Lake Wendouree real estate agent to manage this infrequent transaction is crucial.

At the end of the day choosing the best Lake Wendouree real estate agent to sell your property can make years of difference to your personal financial situation.

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Suburb Overview

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.

Related Suburbs in Ballarat - Central

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