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Overview
This extensive parcel of prime residential land is located within Warrnambool's expanding residential growth corridor, offering a rare opportunity for future development in a promising precinct.
Spanning approximately 4.9 hectares (12.13 acres), the titled land boasts general residential zoning with 101 meters of frontage along the Merri River, providing both river access and appealing natural frontage.
The site sits advantageously near key amenities including Woolworths Dennington, St John's Primary, and Brauer Secondary schools, making it an attractive proposition for residential development projects that cater to families seeking convenient access to education and shopping facilities.
Ongoing residential developments in the vicinity signal positive growth and investment potential, positioning the land as a strategic asset for developers or investors looking to capitalize on Warrnambool's growth.
- General Residential Zoned land suitable for residential development
- Significant river frontage enhancing the site's appeal and recreational possibilities
- Close proximity to essential amenities for everyday convenience
- Titled land with clear ownership and subdivision potential
This offering is especially suited to developers and investors aiming to participate in Warrnambool’s residential expansion, providing an excellent foundation for well-planned subdivision or community-focused development.
Local Market Insights
In Warrnambool, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $805,667. The property type mix of listed properties is predominantly Houses at 67%, followed by units (8%), and land (8%). The most active agency for land in the Warrnambool area is currently Ray White, representing 33% of new listings, followed by Raine & Horne with 17%. 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.
Location
Market Insights for Warrnambool VIC 3280
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