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7-13 Merrivale Drive
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3912m2
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CENTRAL VACANT ALLOTMENT IDEAL FOR SUBDIVISION

Centrally located, flat block a few hundred metres from CBD, beach, river, hospital, schools and golf course, these properties are scarce.
Prices are soaring for residential blocks of land in this highly sought-after area.
The total scarcity of available developable land has created highly competitive market conditions for the residential land market in Warrnambool.
Preliminary plans for 8 residential lots (STCA) available on demand.
Purchase to develop, build your dream home on large central allotment with future to develop later or simply land bank, not making any more of these within a short stroll to Warrnambool's main amenities.
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Property Details for 7-13 Merrivale Dr, Warrnambool

Building Type
Land
Land Size
3912m2

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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2011 was 28,412 people. By 2016 the population was 29,659 showing a population growth of 4.4% in the area during that time. The predominant age group in Warrnambool is 50-59 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation. In 2011, 64.1% of the homes in Warrnambool were owner-occupied compared with 63.7% in 2016.

Warrnambool has 19,166 properties. Over the last 5 years, Houses in Warrnambool have seen a 61.76% increase in median value, while Units have seen a 50.43% increase. As at 31 October 2024:

  • The median value for Houses in Warrnambool is $609,090 while the median value for Units is $414,500.
  • Houses have a median rent of $530 while Units have a median rent of $420.
There are currently 211 properties listed for sale, and 21 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 656 properties were sold in the past 12 months in Warrnambool.

Suburb Insights for Warrnambool 3280

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Gary Attrill
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Falk & Co Estate Agents
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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.