695 Duncans RoadWerribee South VIC 3030
Property Details for 695 Duncans Rd, Werribee South
695 Duncans Rd, Werribee South is a 1 bedroom, 1 bathroom House. The property has a land size of 86796m2. While the property is not currently for sale or for rent, it was last transferred in May 2013.
Last Listing description (June 2024)
A very rare opportunity to acquire a substantial acreage within the growth corridor of Point Cook, Truganina, Tarneit, Werribee and Wyndham and Wyndham Vale. The fastest growing region in Australia over the past three years, with a population of over 308,900 residents. Only a very short drive to $440m Wyndham Harbour Marina Residential Development and Werribee South Beach
Currently tenant for Agricultural Farming until July 2025 with one further term of 3 years until July 2028. Size - 20.53 Acres Zoning Green Wedge Zone (GWZ), Local Council Wyndham.
The location being on the main road of Werribee South and easy access onto the freeway, it also makes it unique to find acreage this close to Melbourne CBD. With Victorian Government has announced the proposed number of new homes to be built in each local government area across the state to achieve its ambitious goal of more than 2 million new dwellings by 2051 this will not be a possible opportunity for those owning large parcels of acreage within close proximity to the CBD (subject to council and government rezoning).
For those looking for a long-term investment with the mindset of many possibilities and its close proximity to coastal beach, tourist's precincts, residential developments and more, contact Simon Khouri on 0400 255 555 for further information.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. All information is provided by third parties. Prospective purchasers are advised to make their own enquiries with respect to the accuracy of information relating to properties. Barry Plant Real Estate Point Cook will not be liable for any loss resulting from any action or decision by you in reliance on the information supplied.
Property History for 695 Duncans Rd, Werribee South, VIC 3030
- 25 Jun 2024Listed for Sale $5,800,000 - $6,000,000
- 08 May 2013Transferred
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About Werribee South 3030
The size of Werribee South is approximately 36.8 square kilometres. It has 14 parks covering nearly 9.7% of total area. The population of Werribee South in 2011 was 1,618 people. By 2016 the population was 1,778 showing a population growth of 9.9% in the area during that time. The predominant age group in Werribee South is 50-59 years. Households in Werribee South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Werribee South work in a managers occupation. In 2011, 73.2% of the homes in Werribee South were owner-occupied compared with 67.3% in 2016.
Werribee South has 1,668 properties. Over the last 5 years, Houses in Werribee South have seen a 28.28% increase in median value, while Units have seen a 26.55% increase. As at 31 August 2024:
- The median value for Houses in Werribee South is $876,264 while the median value for Units is $436,514.
- Houses have a median rent of $628 while Units have a median rent of $450.
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