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Property Report — August 2025: Wendouree, VIC 3355

Lake Wendouree boathouse, Ballarat — Wendouree property report August 2025 (VIC 3355)
Wendouree property report for August 2025 — a steady market with clear house and unit price lanes and current rent asks.

 

Wendouree reads as steady this month: decent choice on the portals, sales landing inside well-established price bands, and rents that still track bedroom count more than hype. The report set we’re working from was prepared 14 August 2025, so the numbers below reflect that cut-off.

Who lives here and how the suburb is shaped

The suburb sits about 104 km from Melbourne’s GPO and is home to roughly 10.4k people. Typical ownership is around 13 years. On size, Wendouree covers 9.6 square kilometres with 23 parks accounting for close to 12.5% of the land area. Owner-occupiers made up 53.4% of homes at the 2021 census, down from 56.6% in 2016. Over the same period the headcount ticked down 0.7%.

Wendouree property market: August snapshot: Values and stock on market

Across all dwellings, the suburb’s median value sits near $453,667. Over the past 12 months, 163 unique properties were listed for sale, and there are 26 currently on the market—enough choice for buyers to compare before committing. (Total dwellings: 4,023.)

Houses: sale price lanes and live examples

Think in lanes rather than a single number. Over the last year, the house median is about $440,000. The lower quartile sits near $395,000 and the upper quartile around $495,000—useful bookends when you’re setting a ceiling at auction or pre-auction.

What’s on the ground matches those bands. Recent guides include 33 Grammar Street at $450,000–$495,000. Listings at the renovated end are pushing higher—1104 Norman Street is quoted $495,000–$535,000 and 37 Brinkley Avenue at $599,000–$645,000. Fresh sales sit neatly inside the range: 75 McNulty Drive traded at $460,000 and 8 Iris Avenue at $431,500.

Read it this way: updated three-bed family homes tend to test the top of the quartile, while older or “light-touch” stock changes hands closer to the middle of the band. (That pattern is visible in the guides and the two early-August sales above.)

Units: cheaper doorway, with spread

Attached stock is materially more affordable. The rolling 12-month unit median is ~$347,500, with quartiles near $293,000 and $396,250. Those figures frame most of what’s selling.

Activity shows the spread within that frame. On market: 1/15 Lake Street at $460,000 and 3/7 Glasgow Street at $290,000–$310,000. Recent sales include 2/2 Symons Street at $400,000 and 4/1108 Howitt Street at $310,000, alongside smaller one-bed resales such as 5/2 Evelyn Street at $296,500 and 3/2 Evelyn Street at $280,000. Together they paint a clear picture: tidy single-level villas with land allocation or on-title parking command firmer prices; compact, basics-only stock trades closer to the lower quartile.

Rentals: asking levels right now

House rents advertised in the past month run from the mid-$300s to the high-$400s per week. Reporting shows 1219 Grevillea Road at $340/w, 4 Forest Court at $400/w, 20 Carpenter Street at $450/w and 32 Eton Street at $485/w (with 11 Halbert Street and 5 Hawthorn Grove both around the $400/w mark).

For units, smaller formats set the tone: 2/34 Marie Crescent is listed at $270/w and 1/27 Park Street at $390/w, with no three-bedroom unit rentals recorded in the period.

What this means for locals in August

For first-home buyers and upgraders, the price lanes above are a practical way to plan. If a house needs paint, lighting and light landscaping, anchor offers toward the $395k–$440k stretch; if it presents cleanly and the floorplan works, expect competition nearer the top of the band around $495k. The examples at Grammar, Norman and Brinkley show how presentation and position nudge results.

For unit buyers and investors, affordability is the draw, but detail matters. Villas and town-style formats with outdoor space or on-title parking have been clearing in the $310k–$400k zone, while compact one-bed stock sits closer to the lower quartile or the sub-$300k resales seen on Evelyn Street. That profile aligns with rentability: simple, low-maintenance designs remain easier to let and hold.

Owners weighing a sale can take something from the stock metrics. With 26 active listings and a year’s worth of unique listings behind us, buyers do have choice, which keeps presentation in the frame. The quick wins—gardens, light, clean exteriors—still help listings stand out when they hit the portals.

Practical steps (finance and timing)

Contact us, your Mortgage Broker Ballarat and go to market with a fully assessed pre-approval so you can move from “offer” to “unconditional” cleanly after building/pest. Use the house quartiles as your ceiling and leave room for early works if the report or inspection suggests them. If you already own and the plan is to hold, a simple rate review paired with these suburb bands lets you keep repayments steady and build buffer while the market stays orderly. (All guidance anchored to the data above; no external forecasts used.)

Bottom line

Wendouree remains accessible and rational in August. Houses are anchored in the mid-$400ks, with refreshed family homes pressing the top end; units provide a cheaper on-ramp, and the recent set of one-bed and two-bed examples show where buyers are actually paying. Rents line up with bedroom count, and the suburb profile suggests a market that rewards functional layouts and clean presentation more than flash. If you want a quick run-through of where your short-list sits inside these bands, we can map it against the latest figures and talk next steps.

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