FOR SALE
$920,000 - $1,010,000

2 Greaves St N
Werribee VIC 3030

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 112m2
Land area: 674m2
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Prime Development Opportunity in Wyndham’s Central Corridor!

Take advantage of this prime allotment catering to both commercial and residential development Subject To Council Approval.
Situated towards the West End of Watton Street this location will be sure to impress.
* Zoned Activity Centre Schedule 1 (ACZ1)
* Land Size 674m2*
* 16.76m* frontage
* Potential for multi storey development
* 3 bedroom residence currently rented and returning $18,252* p/a
* Conveniently situated close to many schools including Werribee & Secondary
School, Corpus Christi Primary School and Mackillop Catholic College as well as the many amenities and business throughout Watton Street C.B.D.
Given the location being within one of Australia's fastest-growing corridors this property presents an ideal opportunity for developers and investors.
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Property Details for 2 Greaves St N, Werribee

2 Greaves St N, Werribee is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 674m2 and floor size of 112m2. The place is currently for sale with First National Real Estate Westwood.

Building Type
House
Floor Size
112m2
Land Size
674m2

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About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2011 was 37,737 people. By 2016 the population was 40,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Werribee is 20-29 years. Households in Werribee are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Werribee work in a clerical occupation. In 2011, 68.6% of the homes in Werribee were owner-occupied compared with 65.4% in 2016.

Werribee has 28,387 properties. Over the last 5 years, Houses in Werribee have seen a 22.60% increase in median value, while Units have seen a 18.81% increase. As at 31 October 2024:

  • The median value for Houses in Werribee is $632,262 while the median value for Units is $435,135.
  • Houses have a median rent of $478 while Units have a median rent of $410.
There are currently 187 properties listed for sale, and 88 properties listed for rent in Werribee on OnTheHouse. According to CoreLogic's data, 1236 properties were sold in the past 12 months in Werribee.

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Eugene Bonanno
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Ryan Wallace
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First National Real Estate Westwood
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