FOR SALE
$385,000 - $420,000

7 Tait Crescent
Warrnambool VIC 3280

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 692m2
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Perfect for Development, Investment, or Your First Home!

Driven by solid rental returns, this sturdy three-bedroom property offers plenty of options for the new owner. Whether you're a first home buyer, or someone looking to invest with the potential to develop, this home ticks all of those boxes. Currently tenanted with a long-term renter in place, the property offers a return on investment. There is also potential for future development, with plans drawn up for a second dwelling at the rear of the block (STCA). The entry-level price into the Warrnambool property market is equally appealing for a first-time home buyer. Features of this home include hardwood flooring, a split system for heating and cooling, a large undercover deck for entertaining, recent works including painting and roof resealing, plus an expansive block of 692m2 with the potential for future development (STCA). Conveniently located near schools and shops, this property is perfect for a wide range of buyers. Don't miss the chance to secure a home with so many possibilities!
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Property Details for 7 Tait Cres, Warrnambool

7 Tait Cres, Warrnambool is a 3 bedroom, 1 bathroom House. The property has a land size of 692m2. The place is currently for sale with Homeseeka Real Estate - Warrnambool.

Building Type
House
Land Size
692m2

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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 19,168 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 208 properties listed for sale, and 19 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 654 properties were sold in the past 12 months in Warrnambool.

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