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Property in Wangaratta VIC 3677

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$2.5M - $2.75M Medium Confidence Calculated based on our search observations.

House 5 acres

Listed: 19th Jul 2026

Updated: 8 hours ago

Overview

Set within a developing precinct of Wangaratta, this property offers a compelling investment or lifestyle opportunity on approximately 5 acres of General Residential Zoned (GRZ) land. The sizable allotment commands main road frontage, providing excellent exposure and accessible connectivity, ideal for future development projects.

A currently existing residence provides either a rental income stream or immediate occupancy, offering flexibility for purchasers as they consider future subdivision or building plans, subject to local council and authority approvals. The GRZ classification allows for diverse potential uses, including residential, childcare, medical services, or aged care facilities, catering to various development visions.

Strategically positioned near proposed future amenities, the site is well-placed to benefit from local growth and infrastructure expansions expected in the area. Its location on a main road enhances visibility and accessibility, appealing particularly to developers, investors, or buyers looking for a rare, well-situated land parcel with promising growth prospects.

Approximately 5 acres of General Residential Zoned land offering significant flexibility.
Main road frontage ensuring strong exposure and good access.
Existing house providing rental or occupancy potential during development planning.
Potential for multiple development outcomes including residential and specialized facilities.
Close proximity to planned future local amenities.

This offering represents a distinctive chance to engage with the expanding Wangaratta area, balancing immediate utility with long-term developmental possibilities. Prospective buyers are advised to perform thorough independent due diligence regarding zoning, approvals, and development conditions before proceeding.

Local Market Insights

In Wangaratta, Quiet Listings observed 25 new houses entering the market over the last 30 days, down from 43 during the previous 30-day period, with an average advertised asking price of $803,160. The property type mix of listed properties is predominantly Houses at 57%, followed by land (34%), and units (9%). The most active agency for houses in the Wangaratta area is currently Tait Real Estate, representing 28% of new listings, followed by Garry Nash & Co with 24%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.