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 › Florence Ct
$708,000
Last sold
23 June 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
635 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
$708,000
23 June 2020 · 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
-1.7%
Median sale
Suburb $720,000
+0.05 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
UnknownArea
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 Harcourts Werribee VICThis architecturally unique 3 bedroom plus study/4th home offers precision at it's best. With imposing façade, it is intentionally designed to draw your eye instantly up to the 6m high vaulted ceilings, exposed brick, structural beams, and mezzanine. Setting the tone for the entire home, natural light floods in accentuating a modern, crisp, relaxed feel. Aside to the kitchen and sunken living area is a sizable meals area with access to the double garage and rear garden. The mezzanine offers a 3rd flexible living option with the perfect setup for any modern family.
The bedrooms are all set in their own wing away from the noise of the family areas. The master with it's large WIR and Ensuite with direct access to the private rear yard. Lifestyle features of this property are too many to name, however, double glazing throughout, shutters, 2,000l tank, slab heating, AC and double remote garage will make your life easy.
Also, located within 500m of "Wyndham's CBD Activity Zone". As a corner block of approximately 635sqm it is ideally suited to either investor or owner occupier with a medium to long term view, subject to relevant statutory approval, to create a multi-unit site or acquire future surrounding properties, increasing land holdings and development potential.
Located only a short walk to the train station and Werribee CBD it will likely always attract Tenants or suite buyers like a young couple, family, or with all bedrooms on the ground level even older families looking for easy access to the CBD.…….as an owner or investor this allows you to future proof yourself.
With the Cherry Street Railway Crossing removal now underway, and the Recourse Hotel Crossing set to be started, Inner Werribee is slated to become much more cosmopolitan with shopping, cafes, restaurants and parks to be much more community focused. Increasing potential returns over time. It is currently has a potential rental return of $375 to $400 per week with scope to increase.
Always seek independent financial and legal advice prior to making any decisions in relation to this property. All information is provided without warranty and the Section 32 Vendor Statement will always supersede any information stated here. Please call Jonathon Bird on 0419 536 905 for more information.
Listing description written by Jonathon Bird, Harcourts Werribee VIC — reproduced as published, not verified by Districts.
Victoria 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.