Jess Calloway Calloway & Co. Property
Timber boatshed with a red door on a jetty at Lake Wendouree, Ballarat
Suburb report · November 2026

Lake Wendouree house prices

Heritage homes, elm-lined streets and a 6 km lake loop. Lake Wendouree is Ballarat's most sought-after address, and buyers pay for it.

Median house price
$812,000
Change, 12 months
+4.1%
Average days on market
29
Auction clearance
71%
House sales, 12 months
96
Gross rental yield
3.2%

Sample figures for this concept site. On a live site these come from recent sales data each month.

Median house price, Lake Wendouree +36% since 2021
$500k$617k$733k$850k 202120222023202420252026 $812k

Sample data for this concept site. On a live site, updated monthly from recent sales.

Lake Wendouree LAKE WENDOUREE SOLDIERS HILL ALFREDTON Sturt St · CBD For sale7 Ardmore Crescent, Lake Wendouree
Sold by Jess For sale now Jess's sales around Lake Wendouree. Map is illustrative.

What I’m seeing in Lake Wendouree

Federation and Victorian homes within two streets of the lake still draw the most competition. Well-presented examples often sell before auction.

Buyers are mostly Melbourne leavers and local upsizers. Many have a home to sell first, so a flexible settlement can be worth more than a higher price.

Homes needing full renovation are taking longer. Getting the price right from day one matters more here than anywhere else in Ballarat.

Jess Calloway, Calloway & Co. Property

Common questions

What's the median house price in Lake Wendouree?

The sample median for the last 12 months is $812,000, up 4.1% on the year before. Homes within walking distance of the lake typically sell above the median.

How long do homes take to sell in Lake Wendouree?

The suburb average is about 29 days on market. Jess's Lake Wendouree sales have averaged 18 days.

Is auction or private sale better in Lake Wendouree?

For character homes near the lake with strong interest, auction usually gets the best result. For everything else, a well-priced private sale is often quicker and less stressful.

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Recent sales

Sold by Jess in Lake Wendouree

Live from Domainsynced recently

Weatherboard cottage with a corrugated roof behind a flowering cherry and white picket fence
Sold in 14 daysAbove guide

$812,000

26 Linden Street, Lake Wendouree

3 bed · 1 bath · 1 car Private sale, October 2026

Two-storey red-brick Victorian with a cast-iron lace balcony and verandah behind a brick fence
Sold in 12 daysAbove guide

$1,385,000

3 Webster Street, Lake Wendouree

4 bed · 2 bath · 1 car Auction, October 2026

Rendered home with a red-trimmed metal roof and a flowering banksia in the front garden
Sold in 23 daysAbove guide

$1,020,000

112 Grevillea Road, Lake Wendouree

4 bed · 2 bath · 2 car Auction, August 2026

Victorian terrace with a verandah behind a timber picket fence and a street tree
Sold in 16 days

$735,000

38 Foster Street, Lake Wendouree

3 bed · 1 bath · 1 car Private sale, July 2026

Other reports:

Soldiers HillAlfredton
Ballarat's Victorian-era town hall and verandahed shops along a wide, tree-lined street

What’s your Lake Wendouree home worth?

A written appraisal with the recent sales I used, the price I'd list at and why. It's free, and there's no pressure to sign anything.

Or call me on 0491 570 156

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