7 Iris Avenue
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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
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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 Ballarat — 235 m away
- College Street Reserve — 498 m away
- Unnamed — 685 m away
- Boulevard Estate Reserve — 914 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
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Full Wendouree marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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