Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 Tern Court, Werribee VIC 3030

$495,000 - $525,000 - INSPECT BY APPOINTMENT

Search Band Search Visibility Band

$495k - $520k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 741 m²

Listed: 6 hours ago

Overview

Positioned in a sought-after court location in Werribee, this property represents a unique prospect for a diverse range of buyers including developers, investors, and renovators. The existing three-bedroom home, while requiring significant repairs and full renovation, provides a valuable starting point for transformation or redevelopment, subject to council approval.

The residence features a formal lounge along with an open-plan kitchen, meals, and living areas, catering to flexible living arrangements. Practical amenities such as built-in wardrobes in all bedrooms, a central bathroom with separate bath and shower, and a functional kitchen equipped with a gas cooktop and dishwasher underscore the home’s original appeal.

Set on a substantial 741 square meter block, the property offers a generously sized backyard which not only provides outdoor space but also enhances future development potential. This makes the home particularly attractive to buyers who are looking to undertake a major renovation or to rebuild entirely.

The location further elevates the property's appeal, with residence proximity to Pacific Werribee Shopping Centre, the vibrant Werribee town centre, well-established schools including Wyndham Park Primary and Wyndham Central Secondary College, and excellent transport options including nearby train and bus services. The Princes Freeway ensures straightforward connectivity to Melbourne and Geelong. Additional local highlights include the Werribee Mercy Hospital, Werribee Open Range Zoo, and several parklands, all contributing to a lively and convenient lifestyle.

This property's combination of generous land size, redevelopment potential, and proximity to amenities represents a compelling opportunity for buyers able to invest in leveraging its full possibilities.

Local Market Insights

In Werribee, Quiet Listings observed 127 new houses entering the market over the last 30 days, up from 109 during the previous 30-day period, with an average advertised asking price of $892,874. The property type mix of listed properties is predominantly Houses at 77%, followed by townhouses (6%), and land (5%). The most active agency for houses in the Werribee area is currently Ray White, representing 38% of new listings, followed by Your Property Agent 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.