FOR SALE
$390,000 - $410,000

8 Allwood Rise
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 431m2
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The perfect central block!

Positioned in the heart of Warrnambool, this is the last remaining block available in a highly sought-after central location, offering a unique opportunity to build your dream home or investment property. Spanning approx 431sqm this ready-to-build block is ideally situated just moments from the Timor Street Bowls Club, local parks, walking trails, and restaurants.
With its central location, you'll enjoy the convenience of easy access to the city's vibrant night life, shops, and the Warrnambool foreshore, all just a short distance away. Whether you're looking to create a contemporary family home or a stylish investment property, this is an exceptional opportunity to secure your place in one of Warrnambool's most desirable and established precincts.
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Property Details for 8 Allwood Rise, Warrnambool

Building Type
Land
Land Size
431m2

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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 19,184 properties. Over the last 5 years, Houses in Warrnambool have seen a 58.68% increase in median value, while Units have seen a 42.89% increase. As at 30 November 2024:

  • The median value for Houses in Warrnambool is $597,583 while the median value for Units is $432,126.
  • Houses have a median rent of $540 while Units have a median rent of $420.
There are currently 186 properties listed for sale, and 16 properties listed for rent in Warrnambool on OnTheHouse. According to CoreLogic's data, 653 properties were sold in the past 12 months in Warrnambool.

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