FOR SALE
$920,000 - $1,000,000

725 Princes Highway
Berwick VIC 3806

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 792m2
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Prime Development Opportunity in Central Berwick

Set on an impressive and level 792m² (approx.) block, this property offers an unparalleled opportunity for developers or buyers seeking a solid foundation to create something truly special. Perfectly located in the heart of Berwick, it's within walking distance to the charming Berwick Village and the serene Wilson Botanic Park. The convenience of service lane positioning enhances accessibility, making it an ideal choice for future development.
The existing home features three bedrooms, a central bathroom, and expansive meals, living, and dining areas connected to the kitchen. With split-system cooling and ducted heating, the property ensures year-round comfort while providing a strong base for renovation or modernisation.
This opportunity offers exceptional versatility, whether your vision involves creating a luxurious family home or a dual-dwelling development (STCA). Zoned Residential 2, it's primed and ready for planning, with generous dimensions that make the possibilities virtually limitless.
Surrounded by lush greenery, the front and back yards provide a peaceful retreat, while side gate access, a large garage, and ample off-street parking cater to practical needs. The spacious outdoor areas further enhance the property's potential, offering scope for creative landscaping or additional outdoor living zones.
With its premium location, significant block size, and potential for redevelopment, this property is a rare find in the thriving Berwick market. Whether you're an investor, developer, or homeowner with a vision, this is a chance to secure a prime piece of real estate and bring your plans to life.
Please note:
*Every precaution has been taken to establish the accuracy of the information within but does not constitute any representation by the vendor or agent - we encourage every buyer to do their own due diligence
*Photo I.D is required at all open inspections
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Property Details for 725 Princes Hwy, Berwick

725 Princes Hwy, Berwick is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 792m2. The place is currently for sale with Ray White Berwick.

Building Type
House
Land Size
792m2

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About Berwick 3806

The size of Berwick is approximately 33.6 square kilometres. It has 72 parks covering nearly 10.3% of total area. The population of Berwick in 2011 was 44,779 people. By 2016 the population was 47,677 showing a population growth of 6.5% in the area during that time. The predominant age group in Berwick is 40-49 years. Households in Berwick are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Berwick work in a professional occupation. In 2011, 78% of the homes in Berwick were owner-occupied compared with 75.4% in 2016.

Berwick has 23,424 properties. Over the last 5 years, Houses in Berwick have seen a 32.93% increase in median value, while Units have seen a 31.56% increase. As at 30 November 2024:

  • The median value for Houses in Berwick is $935,018 while the median value for Units is $678,343.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 145 properties listed for sale, and 70 properties listed for rent in Berwick on OnTheHouse. According to CoreLogic's data, 1088 properties were sold in the past 12 months in Berwick.

Suburb Insights for Berwick 3806

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Debbie Brettoner
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James Haupt
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Ray White Berwick
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.