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VIC › Werribee › Colchester Dr

Lot 8544 Colchester Dr, Werribee VIC 3030

For saleHouse

$785,700

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

295 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $785,700 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $785,700(Listing record · 26 Aug 2026)
  • CalculationRecorded House sales in Werribee (last 5 years) with land size: median $1,093/m² of land (n=40). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 9% above the Werribee median recorded sale ($720,000, n=5, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Werribee's advertised median rent ($466/wk), implied gross yield would be 3.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$785,700

Asking · $2,663/m² of land

No recorded sale for this property.

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.

See the full Werribee report →

Vs Werribee

+9.1%

Median sale

Suburb $720,000

-0.29 pp

Gross yield

Suburb 3.37%

Suburb median $720,000 from 5 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$785,700
Stamp Duty (Victoria)
$42,212
Transfer/Registration Fee
$1,941
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$833,553

$47,853 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Werribee's advertised median rent — not a rent for this listing.

Net yield
1.58%
Annual cashflow (pre-tax)
$-28,410
Interest cover (DSCR)
0.30
Annual rent
$24,232
Operating expenses
$11,786
Loan amount
$628,560
Annual interest
$40,856
Gross yield
3.08%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$785,700available26 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Werribee in one glance

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.

See the full Werribee report →

Keep researching

  • Why Werribee? Read the area thesis →
  • What else is on the market in Werribee →
  • Other records on Colchester Dr →

Listing material

Listed by Turnkey Real Estate Group

4 Bedroom Turnkey Home in Werribee - Fixed Price Build $465,770 - Full Turnkey Inclusions

LOT 8544 COLCHESTER DRIVE, WERRIBEE 3030

$465,770 Build Only | 4 Bedrooms | 2.5 Bathrooms | 2 Car Garage | 295m2 Block

THE PROPERTY

Read the full description

A 21.4 square double-storey home designed for a compact 295m2 titled block in Harpley, Werribee. The ground floor opens with a dedicated study off the entry, then runs back through a central kitchen with walk-in pantry into a 3.7 x 3.3 dining zone and rear living area, with laundry, powder room and linen along the side. The 5.5 x 6.0 garage has an external door to the rear yard. Upstairs, four bedrooms sit around a 3.4 x 3.5 retreat - the 3.5 x 3.4 main bedroom has a walk-in robe and ensuite, while the three secondary bedrooms share a main bathroom with separate WC.

FOR OWNER-OCCUPIERS

Living happens downstairs and sleeping upstairs, which keeps noise and mess where you want them. The kitchen looks straight across dining and living, so cooking never means being cut off from the room. The study sits at the front, away from the television - a proper spot for calls or homework. Upstairs the retreat gives the kids somewhere of their own, and the separate WC stops the morning bottleneck before it starts.

FOR GROWING FAMILIES

If you have outgrown a three-bedroom single-storey, the appeal here is separation. The main bedroom sits apart from the other three with its own robe and ensuite, and the retreat gives you two living spaces rather than one.

Four bedrooms plus a study covers a growing household without converting a bedroom into an office later. And on a 295m2 block, you get the space upstairs without the yard maintenance.

KEY FEATURES

Layout & Design

• Four bedrooms upstairs, all with robes

• Main bedroom with walk-in robe and ensuite

• 3.4 x 3.5 retreat upstairs as a second living zone

• Dedicated ground-floor study at the front

• Open kitchen, dining and living across the rear

• Double garage 5.5 x 6.0 with external rear access

• 2550mm ceilings to ground floor, 2400mm upstairs

Kitchen

• 40mm silica-free stone benchtops

• 900mm fan-forced oven, induction cooktop and rangehood

• 600mm freestanding dishwasher and double bowl undermount sink

• Walk-in pantry, overhead cabinetry and tiled splashback

Bathrooms & Extras

• Ensuite with 20mm stone benchtop and shower niche

• Main bathroom with inset bath

• Separate WC upstairs and ground-floor powder room

• Laundry with overhead cabinetry and 45L trough

Build & Location

• 295m2 titled block in Harpley, Werribee

• 199.26m2 (21.4sq) double-storey home

• Full turnkey: landscaping, fencing, letterbox and clothesline

• Exposed aggregate driveway and concrete paths to rear and sides

• 7-star energy rating, 3.5kW solar PV, heat pump hot water

• Split system to living and main bedroom, panel heaters elsewhere

• Double glazing, flyscreens, blinds and downlights throughout

• Laminate flooring to living areas, carpet to bedrooms

• Homeowners Warranty Insurance and structural guarantee

• Meets council and developer requirements

THE ESTATE - HARPLEY, WERRIBEE

Harpley is one of Werribee’s larger master-planned communities, built around open parkland and walking trails, with schools, childcare and shopping in the catchment. Werribee is around 32km from the CBD, with a station on the Werribee line, the Princes Freeway close by, and Werribee Plaza and Mercy Hospital nearby.

Wyndham remains one of the fastest-growing municipalities in the country, with demand driven largely by price relative to Melbourne’s middle ring.

What Sets This One Apart

Twenty-one squares of double-storey living on a 295m2 block is efficient use of land - four bedrooms, a study and a retreat without paying for a footprint you have to mow, on titled land ready to build. Add a fixed price, full turnkey finishes and a 7-star energy package, and handover is move-in ready.

Package Summary

Total: $785,770 (Land $320,000 + Build $465,770) | Bed 4 | Bath 2.5 | Car 2 | Home Size: 21.4sq | Land Size: 295m2 | Titled

Contact me today to secure this home or discuss your own house-and-land package in Werribee.

Images, plans and drawings are for illustrative purposes only and may not represent the final product. Lot layouts, dimensions, easements and landscaping are subject to change without notice and are dependent on third-party approvals, including council and developer requirements.

Listing description written by Lachy Foster, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Living Areas: 2
  • Pay TV
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.