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Investment Property Lake Gardens, VIC, 3355

Suburb Snapshot

Lake Gardens is a suburb in the Ballarat Region of Victoria. Lake Gardens has a population of 1,702 people and 25.36% of its occupants live in rental accommodation. The median listing price for houses is $690,000 and this has changed -10.68% over the past year and changed -13.43% over 2 years.

The median rent in Lake Gardens for houses is $450 per week and the median rental yield is 3.39%. Stock on the market for houses/townhouses has changed -37.50% compared to last year and the average time to sell a house/townhouse is 114 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Lake Gardens is NA per week, producing a rental yield of NA.

Supply & Demand in Lake Gardens, Ballarat

0.51%

Current vacancy rate


4

Rental stock available


1,702

Population


25.36%

Rental population


0.92%

Current vacancy rate


515

Rental stock available


101,686

Population


27.33%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Lake Gardens, Ballarat

  House Townhouses Units
Median listing price $690,000 NA NA
Median price change - last quarter -6.70% NA NA
Median price change - 1 year -10.68% NA NA
Median price change - 2 years -13.43% NA NA
  House Townhouses Units
Median weekly rent $450 NA NA
Median yield % 3.39% NA NA
Median rent change - 1 year 2.27% NA NA
  House Units
Previous month sales 2 0
Stock on market previous month 10 0
Stock variance vs. last year -37.50% 0.00%
Average days on market 114 NA

Lake Gardens investment property listings

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