RateMyAgentGo to search
Log inJoin
Back 8 Dermot St
Off Market

8 Dermot St

Wendouree VIC 3355

3
1
2
636 m²
House
Last sold for $540,000
Michael DarkenMichael Darken, last sold this property on 03 September 2026 after 8 days on market.

Overview

Securely Leased Investment in a Convenient Wendouree Location

Positioned in a well-established and highly accessible pocket of Wendouree, 8 Dermot Street presents an outstanding opportunity for investors seeking a quality property with immediate income and long-term growth potential. Set on a generous 636m² (approx.) allotment, this solid home offers the perfect combination of reliable returns and a convenient family-friendly location. A major advantage of this property is the secure tenancy already in place until July 2027, providing investors with peace of mind and consistent rental income from day one. The home features three spacious bedrooms, well-appointed bathroom, and comfortable living area designed for practical family living. The functional floorplan caters to a broad tenant market, ensuring ongoing appeal in a location where quality rental properties remain in strong demand. At the heart of the home, the open-plan living and dining space provides a welcoming environment for everyday living, while the generous backyard offers plenty of room for outdoor activities, family enjoyment, or future enhancement opportunities (STCA). Completing the package is a double garage and carport, providing secure vehicle accommodation and valuable additional storage. Conveniently located close to schools, shopping centres, medical facilities, public transport, sporting venues, and parklands, the property offers easy access to everything that makes Wendouree one of Ballarat's most popular and practical suburbs. Stockland Wendouree, the Wendouree Train Station, and Lake Wendouree are all just a short distance away, further strengthening the property's investment appeal. Whether you're looking to expand your portfolio or secure a well-positioned asset with an established tenancy, 8 Dermot Street represents an excellent opportunity in a strong and proven market. Price Guide: $549,000 - $579,000 Property Highlights • Securely leased until July 2027 • Three spacious bedrooms • Well-appointed bathrooms • Generous 636m² (approx.) allotment • Open-plan living and dining area • Garage and carport with secure parking and storage • Family-friendly floorplan with broad tenant appeal • Close to schools, shopping centres, public transport, and parklands • Minutes from Stockland Wendouree and Wendouree Train Station • Strong investment opportunity in a sought-after location • Excellent long-term growth and income potential Offering immediate rental security, generous land size, and a convenient Wendouree address, 8 Dermot Street is a smart addition to any investment portfolio. Ballarat's Best-Selling Team

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
636 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Wendouree over the last 12 months, the estimated median property value of 8 Dermot St is $540.5k.

Median value
$540.5k
Estimated value range
$315k - $910k
Median days on market
20
Estimated value trend
15%
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 8 Dermot St

2026
Sold
$540,000
Private Sale/Treaty on 03 Sep 2026 by Michael Darken, of PRD Ballarat
2021
Sold
$447,000
Private Sale/Treaty on 10 May 2021 by Catharina Darken, of PRD Ballarat
2020
Rented
Undisclosed
Leased on 17 Feb 2020 by PRD Ballarat

Happy sellers in Wendouree

80%
80% 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 14 reviews in Wendouree over the last 12 months.

Local market activity for 3 bedroom houses in Wendouree

In the last 12 months, 146 three-bedroom houses similar to 8 Dermot St, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wendouree

placeholder
Tim Allen

Sellers who recommend Tim Allen have praised them for being clear communication, local expert, reliable, responsive, friendly, supportive and easy to work with

  •   5   (186 reviews)
  •  3 Reviews in Wendouree
  •  11 Sales in Wendouree
View profile
placeholder
Michael Darken

Sellers who recommend Michael Darken have praised them for being clear communication, local expert and well-prepared

  •   5   (78 reviews)
  •  3 Reviews in Wendouree
  •  7 Sales in Wendouree
View profile
placeholder
Peter Martin

Sellers who recommend Peter Martin have praised them for being clear communication, local expert, honest, reliable, responsive, supportive and well-prepared

  •   5   (73 reviews)
  •  3 Reviews in Wendouree
  •  5 Sales in Wendouree
View profile
placeholder
Tim Veal

Tim Veal is a recommended agent for Wendouree.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (154 reviews)
  •  3 Reviews in Wendouree
  •  3 Sales in Wendouree
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Company
AboutCurrent JobsBrand GuidelinesFAQ
Help & Learning
Tools and TipsHelp CentreBlog
Product
Compare AgentsTracked PropertiesFinanceSalesRentalsPlans & PricingLoginJoin
Community
Awards
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap