Renovate, Reimagine or Develop - An Opportunity Full of Potential

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26 Carpenter Street, Wendouree VIC 3355

$360,000 - $390,000

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$360k - $378k Transparent Transparent Listing Based on an openly advertised listing price.

House 4 Beds 1 Bath 2 Cars 585 m²

Listed: yesterday

Overview

Situated in a highly sought-after area of Wendouree, directly opposite the Carpenter Street shopping precinct, this property offers a prime opportunity for a variety of buyers. Whether you are a renovator eager to unlock the full potential of the home, a developer looking to maximize the land with a potential three-townhouse project (subject to council approval), or an investor aiming to add value in a well-connected location, this address caters to diverse ambitions.

The generous 585m² (approximately 0.14 acres) land parcel sets a substantial foundation for these possibilities. The home currently provides four bedrooms, a single bathroom, and off-street parking for two cars, making it suitable as a family residence or a solid project starter.

The property's location stands out for everyday convenience, with immediate access to local shops, reputable schools, public transport options, and the Western Freeway, facilitating easy travel and lifestyle flexibility.

While the existing dwelling invites renovation and modernization, the included development renders give a glimpse of the exciting potential this site holds, encouraging buyers to consider visionary plans alongside immediate habitation.

Overall, 26 Carpenter Street represents a versatile investment with strong location advantages, ideal for those seeking a rewarding project or development prospect within Wendouree's vibrant community.

Local Market Insights

In Wendouree, Quiet Listings observed 32 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $685,811. The property type mix of listed properties is predominantly Houses at 82%, followed by units (10%), and land (5%). The most active agency for houses in the Wendouree area is currently Ballarat Real Estate Pty Ltd, representing 38% of new listings, followed by McGrath Estate Agents with 16%. 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.