4 Oddie Street, Lake Wendouree VIC 3350
4 Oddie Street, Lake Wendouree VIC 3350
Period character house | 3-bed, 1-bath on 128 m² | Weatherboard with Baltic timber and leadlight | Last sold $825k in 2021 | No land size confirmed
This property is competitively defined by its period character and internal proportions. Soaring ceilings, Baltic timber floors, leadlight windows, and ornamental ceiling roses are features that are increasingly rare in the Lake Wendouree market, where much of the established stock has been modernised or replaced. The 128 m² building area is generous for a three-bedroom house of this era, offering genuine room for living without the footprint of a larger family home. It sits most naturally with buyers who value heritage aesthetics and a walkable, established suburb over new-build efficiency. A weatherboard façade of this quality, combined with intact period detailing, tends to hold demand among owner-occupiers who are willing to trade a second bathroom or modern finishes for authenticity and street presence.
The absence of confirmed land size and the single-bathroom configuration are the two factors most likely to influence value. A smaller-than-expected lot could limit the property’s appeal to buyers seeking outdoor space or future extension potential. The single bathroom may narrow the buyer pool to couples, downsizers, or singles rather than families. Renovation history is not specified, so the condition of key systems such as wiring, plumbing, and insulation remains unknown. These unknowns may create pricing uncertainty, but they also present an opportunity for a buyer who is prepared to invest in selective upgrades. The 2021 sale price of $825,000 provides a meaningful reference, though market conditions have shifted since then.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Oddie Street, Lake Wendouree VIC 3350
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Lake Wendouree is a high-income suburb within Ballarat, attracting buyers seeking established amenity. Demand is driven by local professionals, supported by significant infrastructure investment. The housing market has experienced a notable correction, with extended selling periods indicating a rebalancing. Future growth is underpinned by Ballarat’s broader strength and development activity, though sensitivity to affordability and supply constraints presents a key risk.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
-
Land
301m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!