Werribee at a glance
60,043
People
$720,000
Median sale
$466/wk
Median rent
3.37%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
VIC › Werribee › Werribee St North
$542,000
Last sold
17 Sept 2019
3
Bedrooms
1
Bathrooms
2
Car spaces
541 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$542,000
17 Sept 2019 · derived via latest_sale
Local land rate: recorded House sales in Werribee (last 5 years) with land size have a median of $1,093/m² of land (n=40). Districts calculation from recorded sales — not a valuation.
Werribee at a glance
60,043
People
$720,000
Median sale
$466/wk
Median rent
3.37%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Vs Werribee
-24.7%
Median sale
Suburb $720,000
+1.10 pp
Gross yield
Suburb 3.37%
Suburb median $720,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $466/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Werribee at a glance
60,043
People
$720,000
Median sale
$466/wk
Median rent
3.37%
Suburb gross yield
Median sale from 5 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by BigginScott Wyndham City & MeltonSet peacefully back from the road and desirably positioned within close proximity to schools, shops, and public transport, this solid brick home is situated on a generously sized allotment of 541m2(approx.) and presents a lucrative opportunity for savvy first-home
buyer, builder or investors.
The single-level floor-plan offers a comfortable, relaxed lounge and dining area featuring hardwood floorboards and neutral tones, in addition to a series of windows allowing an abundance of natural light to drench the interior. The lounge flows through to the well-equipped kitchen comprising plentiful storage, stainless steel appliances and breakfast bar, all positioned adjacent to the meals area.
The three bedrooms are generously sized, with two offering built-in robes and all conveniently serviced by the main bathroom, which incorporates a separate bath, shower, and toilet.
Additional features include Air-conditioner, ceiling fans,
large laundry, detached shed, huge backyard and plenty of car accommodation.
This residence is located only a brief walk to Werribee Train Station, restaurants & cafes,
Watton St shopping strip and possibly the best school zone in the City of Wyndham with St Andrew's Primary School, Manorvale Primary School, and the Wyndham Central Secondary College
simply moments away from the property.
Whether you are a first-home buyer or an investor this is a golden opportunity not to be missed. Be quick and make your dreams a reality by contacting Kunal or Sam on 0403 936 000 or 0433 236 000 and don't let this opportunity pass you by.
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.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligenceche
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Listing description written by Kunal Chadha, BigginScott Wyndham City & Melton — reproduced as published, not verified by Districts.