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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1428 Gregory Street
Lake Wendouree, VIC 3350

$1,050,000 - $1,150,000

3
Bed
1
Bath
1
Cars
Land Size: 1036 sqm
Property Type: House
Listed Date: 2nd May 2026
Overview

1428 Gregory Street, Lake Wendouree VIC 3350

Situated in one of Ballarat’s most sought-after locales, just a short stroll from the shores of Lake Wendouree, this property presents a rare opportunity to secure a prime piece of real estate with vast potential. The location offers convenient access to nearby cafes, schools, transport options, and lifestyle amenities, making it an ideal address for those seeking both comfort and accessibility.

The property is set on a generous allotment of 1036 square meters, providing ample space for various development possibilities. The existing home, while currently unliveable, offers a renovator’s dream or a standout development opportunity subject to council approval (STCA). It features a front lounge, an original kitchen and meals area, three bedrooms, and a central bathroom, reflecting the potential for restoration or redevelopment.

The true value lies in the land itself, offering an exceptional chance to design and build a dream home or undertake a modern development project. Whether you are an investor, developer, or a buyer looking to create a residence in a prestigious location, this property is a unique find. Its proximity to Lake Wendouree enhances its appeal, providing a serene environment and a blue-chip location that is hard to come by.

This opportunity is not to be missed for those looking to capitalize on a prime development site in an unbeatable location. The property combines the charm of an established neighborhood with the promise of future growth and lifestyle benefits.

Location
1428 Gregory Street
Lake Wendouree VIC 3350
Market Insights for Lake Wendouree VIC 3350
New Listings (last 30 days)
8
Average price
$1,703,874
Lowest price
$645,000
Highest price
$2,990,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.