SOLD
Sold on 30 Apr 2024 for $525,000

66 Market Road
Werribee VIC 3030

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 560m2
Sold By
Hodges Werribee
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Property Details for 66 Market Rd, Werribee

Building Type
Land
Floor Size
109m2
Land Size
560m2
Local Government
Wyndham
Lot/Plan
425/LP75452

Last Listing description (May 2024)

The potential of this lovely brick veneer home will absolutely delight you! Filled with old world charm and plenty of original features, renovators, first home buyers, developers and savvy investors will be ecstatic with the opportunity to bring this home back to its former glory.

Positioned on a large 560m2 (approx.) allotment and less than 1km from Werribee train station, the opportunities on offer here are incredible. The possibility of subdivision (STCA) offers investors and developers a rare chance to capitalise on such a brilliant location.

With beautiful hardwood timber floorboards the home features 3 spacious bedrooms, a large formal lounge with a wall heater, central family bathroom and a generous kitchen/ meals area. The backyard of this home is expansive and boasts direct drive through access creating an abundance of opportunity.

Located within close proximity to Werribee train station, Werribee CBD with all it's shops, cafes and entertainment, schools, Princes Freeway and Werribee River walking trails.

For those savvy investors looking for a strong rental return - please note that the rent return is approximately $420pw to $450pw or $23,400 per annum.

Don't miss this opportunity to secure a highly desirable piece of real estate - it won't last long! Call the friendly team at Hodges Werribee to arrange your private inspection without delay.

DISCLAIMER: All stated dimensions are approximate only. Particulars & photos given are for general information only and do not constitute any representation on the part of the vendor or agent.

*Please note: Any open times displayed are current at the time of publishing but may change at any time. We recommend checking the listing prior to attending to confirm if the open home information is still current.

Property History for 66 Market Rd, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$525,000
30 Apr 2024
Listed for Rent
$260/w
20 Jun 2014
  • 30 Apr 2024
    Sold for $525,000
  • 24 Apr 2024
    Listed for Sale UNDER OFFER
  • 25 Jan 2014
    Listed for Rent $260 / week
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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 28,367 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 188 properties listed for sale, and 76 properties listed for rent in Werribee on OnTheHouse. According to CoreLogic's data, 1222 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.