Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
VIC › Warrnambool › Morriss Rd
$415,000
Last sold
14 June 2026
4
Bedrooms
1
Bathrooms
2
Car spaces
641 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
$415,000
14 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Warrnambool (last 5 years) with land size have a median of $1,033/m² of land (n=31). Districts calculation from recorded sales — not a valuation.
Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Warrnambool
-34.1%
Median sale
Suburb $630,000
+2.14 pp
Gross yield
Suburb 4.14%
Suburb median $630,000 from 41 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 $501/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
Warrnambool at a glance
32,205
People
$630,000
Median sale
$501/wk
Median rent
4.14%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Stockdale & Leggo WarrnamboolThis might just be what you've been waiting for...a spacious 4BR home on a decent block at a very affordable price. The house has good bones and some great features but also needs money spent on it, hence the appealing asking price. It would ideally suit First Home Buyers on a budget wanting to get into the market, and /or tradies, flippers wanting to add value over time and/or investors looking for a low priced home with size and potential to attract a high rental yield.
The fibro cement sheet home was originally built in the 1960s, and features high ceilings, hardwood floorboards and good sized rooms. There are 4 bedrooms with BIRs, a front lounge with gas heater, good sized meals/ family area opening to an undercover pergola, solar system and evaporative cooling ducted throughout. The kitchen and bathroom are large rooms with plenty of scope, but both need repairs/ renovations; there is a separate laundry off the kitchen and 2 toilets. The house is set back on a 641m2 block, with parking space for extra vehicles out the front, a wide driveway leading to the single carport and lock up garage down the right hand side of the property and a deep enclosed yard with storage shed and pergola out the back.
58 Morriss Road is in a great position for families, within easy walking distance to both primary and secondary schools, and just moments from CBD shops and all amenities. You won't find many 4BR homes in this price range, this is entry level buying at its best where you can escape the rental trap and own your home... for this price you'll need to roll up your sleeves and you can reap the rewards, renovate and add value over time, without breaking the budget. A rare opportunity at this price point, inspection a must!
Listing description written by Justin Allen, Stockdale & Leggo Warrnambool — reproduced as published, not verified by Districts.