October 2026 data · Ballarat · VIC
Lake Wendouree house prices: median price and growth
- Median house
- $1.03m ▲ +9.6% in 12 months
- Median unit
- $554k ▲ +10.2% in 12 months
The median house price in Lake Wendouree is $1.03m (October 2026), up 9.6% over 12 months. Units have a median of $554k, up 10.2% over 12 months. That puts Lake Wendouree above the typical Ballarat suburb ($680k) and the dearest of the 9 suburbs around it.
Median house price
- $2.25M+
- $2M–$2.25M
- $1.75M–$2M
- $1.5M–$1.75M
- $1.25M–$1.5M
- $1M–$1.25M
- $750K–$1M
- $500K–$750K
- <$500K
Lake Wendouree price changes
| Type | Median | 3 mo | 6 mo | 12 mo |
|---|---|---|---|---|
| House | $1.03m | ▲ +7.0% | ▼ −0.2% | ▲ +9.6% |
| Unit | $554k | 0.0% | ▲ +0.3% | ▲ +10.2% |
Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.
Lake Wendouree compared with nearby suburbs
Suburbs within about 1 km of Lake Wendouree, dearest house median first. Select a column heading to sort.
| House | Unit | |||||||
|---|---|---|---|---|---|---|---|---|
| Lake Wendouree | $1.03m | ▲ +7.0% | ▼ −0.2% | ▲ +9.6% | $554k | 0.0% | ▲ +0.3% | ▲ +10.2% |
| Invermay Park | $750k | ▲ +11.7% | ▲ +10.5% | ▲ +15.4% | $503k | – | – | – |
| Lake Gardens | $703k | ▲ +0.4% | ▲ +3.3% | ▲ +0.2% | – | – | – | – |
| Alfredton | $675k | ▲ +3.1% | ▲ +7.1% | ▲ +10.7% | $412k | ▲ +0.8% | ▲ +12.7% | ▲ +16.0% |
| Ballarat Central | $650k | ▼ −4.1% | ▲ +0.8% | ▲ +6.1% | $430k | 0.0% | ▼ −5.0% | ▲ +6.2% |
| Newington | $625k | ▲ +3.3% | ▲ +2.0% | ▼ −0.8% | $420k | – | – | – |
| Soldiers Hill | $620k | ▲ +1.2% | ▲ +8.0% | ▲ +9.5% | $494k | ▲ +0.4% | ▲ +11.1% | ▲ +13.6% |
| Ballarat North | $603k | ▼ −0.4% | ▲ +5.2% | ▲ +12.6% | $419k | ▼ −3.2% | ▼ −2.1% | ▲ +10.5% |
| Wendouree | $546k | ▲ +2.8% | ▲ +7.1% | ▲ +15.9% | $375k | ▲ +19.0% | ▲ +13.6% | ▲ +25.7% |
Living in Lake Wendouree
From the 2021 ABS Census: Lake Wendouree against the Ballarat council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.
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| Figure | Lake Wendouree | Ballarat (council) | VIC |
|---|---|---|---|
| People | |||
| Population | 2,878 | 113,768 | 6,503,500 |
| Median age | 53 | 39 | 39 |
| Families with children | 🔒 | 🔒 | 🔒 |
| Born overseas | 12.3% | 11.3% | 30.0% |
| Language other than English at home | 🔒 | 🔒 | 🔒 |
| Work and education | |||
| Median household income | $1,953/wk | $1,461/wk | $1,856/wk |
| Median personal income | 🔒 | 🔒 | 🔒 |
| Professionals and managers | 🔒 | 🔒 | 🔒 |
| Unemployment | 🔒 | 🔒 | 🔒 |
| Bachelor degree or higher | 🔒 | 🔒 | 🔒 |
| Completed Year 12 | 🔒 | 🔒 | 🔒 |
| Housing | |||
| Owned outright | 🔒 | 🔒 | 🔒 |
| Owned with a mortgage | 🔒 | 🔒 | 🔒 |
| Rented | 25.1% | 31.5% | 28.5% |
| Separate houses | 🔒 | 🔒 | 🔒 |
| Flats and apartments | 🔒 | 🔒 | 🔒 |
| Median weekly rent | 🔒 | 🔒 | 🔒 |
| Median mortgage repayment | 🔒 | 🔒 | 🔒 |
| Advantage | |||
| SEIFA advantage (IRSAD), Australian decile | 🔒 | 🔒 | 🔒 |
🔒 Age, occupation and ancestry breakdowns for Lake Wendouree, its council and VIC
Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.
Common questions
What is the median house price in Lake Wendouree?
The median house price in Lake Wendouree was $1.03m in October 2026, up 9.6% on a year earlier. The typical Ballarat suburb median was $680k.
What is the median unit price in Lake Wendouree?
The median unit price in Lake Wendouree was $554k in October 2026, up 10.2% over 12 months.
Is Lake Wendouree more expensive than nearby suburbs?
Of the 8 neighbouring suburbs with a median house price, 0 are dearer than Lake Wendouree and 8 are cheaper or the same.
Where does this data come from?
Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.