SOLD
Sold on 19 Jul 2024 for $735,000

1/221 Watton Street
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 135m2
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Property Details for 1/221 Watton St, Werribee

Building Type
Commercial
Year Built
2011
Land Size
135m2
Local Government
Wyndham
Lot/Plan
3/PS610454

Last Listing description (September 2023)

Here is your opportunity to purchase a spacious ground floor apartment in a sought-after main street location. Rezoned under Wyndham's ACZ1 planning scheme, offering a very convenient choice to live in, lease out or use as business office premises. Ideally positioned just moments stroll to the shops, cafes and restaurants of Werribee's CBD, there is already a long-term tenant in place. Please call for further information

Accommodation and Features :-

* Reception area
* Five offices
* Boardroom
* Kitchenette
* Toilet
* Three allocated car spaces

This fine property is one of a large range we currently have for sale. To view our full range and find an agent who respects your feelings, listens to your needs and helps you find the home you want at a price you can afford, give us a call on our 24 hour buyers hotline.

Property History for 1/221 Watton St, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$735,000
19 Jul 2024
Listed for Rent
$728/w
04 Mar 2021
  • 19 Jul 2024
    Sold for $735,000
  • 30 Mar 2022
    Sold for $500,000
  • 08 Feb 2021
    Listed for Rent - Price not available
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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 28,388 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.

Suburb Insights for Werribee 3030

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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.