11 Hickory StreetWerribee VIC 3030
Property Details for 11 Hickory St, Werribee
11 Hickory St, Werribee is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 624m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Werribee in the last 12 months.
Last Listing description (July 2024)
Discover the hidden potential of 11 Hickory Street, nestled in the heart of Werribee's coveted locale. This property presents an ideal first home or promising investment opportunity, boasting three bedrooms, one bathroom, and a sprawling backyard on approx. 622m?. Its prime location, just a stone's throw from the serene Werribee River and its many walking trails, offers residents a tranquil lifestyle with easy access to essential amenities.
With a bit of renovation and modernization, this property can be transformed into a lucrative rental investment or a profitable resale opportunity. The spacious interior layout provides ample room for enhancements, allowing investors to maximize rental returns or increase the property's resale value.
Werribee's strong demand and continuous development make 11 Hickory Street an enticing choice. Investors can capitalize on the area's high demand for quality rental properties and benefit from potential long-term capital growth and owner occupies can make the most of such a central location and ability to walk to Werribee's main street.
Note: Every care has been taken to verify the accuracy of the details in this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any pertinent matters.
Property History for 11 Hickory St, Werribee, VIC 3030
- 13 Jun 2024Sold for $505,000
- 02 May 2024Listed for Sale Not Disclosed
- 16 Mar 2023Listed for Sale $449,999
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0About 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 28,369 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.
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