Back 7 Iris Avenue
Off Market

7 Iris Avenue

Wendouree VIC 3355

2
1
1
140 m²
638 m²
House
Last sold for $500,000
Mark WilliamsMark Williams, last sold this property on 17 July 2026 after 23 days on market.

Overview

Endless Potential in a Premier Wendouree Location

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.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
140 m² floor area
638 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Wendouree over the last 12 months, the estimated median property value of 7 Iris Avenue is $453.25k.

Median value
$453.25k
Estimated value range
$300k - $555k
Median days on market
41
Estimated value trend
28%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wendouree. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7 Iris Avenue

2026
Sold
$500,000
17 Jul 2026 by Mark Williams, of Ray White Ballarat

Happy sellers in Wendouree

94%
94% of sellers in Wendouree reported that their sale price either exceeded or met their price expectations.

Wendouree stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 16 reviews in Wendouree over the last 12 months.

Local market activity for 2 bedroom houses in Wendouree

In the last 12 months, 17 two-bedroom houses similar to 7 Iris Avenue, have been sold.

This represents a 41% increase in two-bedroom houses sales when compared to the previous 12 months.

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