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7 Iris Avenue, Wendouree$460,000
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7 Iris Avenue

Wendouree, VIC 3355, Australia
$445,000 – $475,000
2 bed 1 bath 1 car638 m²

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About this property

Positioned in one of Wendouree's most tightly held pockets, this charming 1950s solid brick residence presents an exceptional opportunity for first-home buyers, renovators, investors, and developers alike. Set on a generous 638m² (approx.) allotment, the property is offered in largely original condition, retaining its classic character while providing a practical floorplan ready to enjoy or transform (STCA). A welcoming front porch leads into a spacious, light-filled living room framed by large windows. The adjoining dining room features an original fireplace and connects seamlessly to the bright kitchen and meals area, which is equipped with electric cooking and ample cupboard storage. Accommodation comprises two generous bedrooms, both fitted with built-in robes, which are serviced by a central bathroom, separate toilet, and a dedicated laundry. Additional features include a screened porch, gas heating, and split-system heating and cooling for year-round comfort. Outside, the substantial backyard offers a safe haven for children and pets, alongside a single garage for everyday convenience. The size of the allotment provides endless possibilities to capitalise on this blue-chip location, whether your plans involve a rewarding renovation, a modern extension, or complete site redevelopment (STCA). The premium location is a standout feature of this property. Residents will enjoy the convenience of being within walking distance to Lake Wendouree, Ballarat Grammar, Stockland Wendouree Shopping Centre, public transport, recreational facilities, and medical services, all while sitting just minutes from the Ballarat CBD. Brimming with character and unmatched potential, this is a rare opportunity to secure a foothold in one of Ballarat's most established suburbs.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
638 m²
Listed
3 weeks ago

Repayment calculator

$2,230/month
$1,115 /fortnight
Loan $368,000 at 6.10% over 30 years

Upfront costs

Deposit$92,000
Stamp duty$22,670
Conveyancing (est.)$2,000
Total upfront$116,670
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Wendouree

This 2-bedroom house in Wendouree, VIC 3355 sits within reach of public transport, local shops and nearby schools. It is listed 25% below the $615,000 median of 72 comparable houseswithin 5 km.

Schools near Wendouree

  • Ballarat Grammarcombined · Prep-12 · CoEd
  • Yuille Park Community Collegecombined · Prep-12 · CoEd
  • Yuille Park Community College-Young Parents Campuscombined
  • Yuille Park Community College-Yuille Campuscombined
  • Forest Street Primary Schoolprimary · Prep-6 · CoEd
  • Forest Street Primary School-Forest Street Deaf Facilityprimary

What's nearby

  • Wendouree Community Sports Club/Norman St (bus)499 m away
  • TJM Ballarat235 m away
  • College Street Reserve498 m away
  • Unnamed685 m away
  • Boulevard Estate Reserve914 m away

Wendouree at a glance

Full suburb profile
Population
10,376
Median age
42
Household income
$990/wk
Median rent
$250/wk
Median mortgage
$1,166/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Wendouree price trend

Median sold · House 2 bed

Compound growth +1.8% / yr over 4 yrs

$436kcurrent median

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