2/59 Tyrone Street, Werribee VIC 3030

2-bed unit in Werribee | long-term owner building | compact 4-unit block | 198m² generous size This property offers a rare combination in Werribee’s unit market: a genuinely spacious 198m² floorplan within a four-unit building where two-thirds of owners have held for over six years. Long owner tenure is a strong signal of building quality and neighbour stability, which reduces the risk of unexpected special levies or management disputes. The single-bathroom configuration is the main limitation, but for a first-home buyer or downsizer seeking low-maintenance living without sacrificing room proportions, this unit competes well against newer developments where internal space is often sacrificed for finishes. The 2016 sale at $325,000 shows the property has tracked market growth, and the current guide sits near Werribee’s median, meaning you are not paying a premium for the address. The key risk is the single bathroom, which will limit appeal to families and may slow resale compared to two-bathroom units in the area. The building has no recent comparable sale except the four-bedroom unit next door at $590,000, so the price guide relies on broader market data rather than direct evidence. Werribee’s zero percent auction clearance rate suggests a softer market, giving a buyer negotiating room. The 198m² size is the property’s strongest long-term advantage, as larger units in small blocks hold value better than compact apartments. Hold this as a long-term residential investment or owner-occupier entry point, and use the size as your lever when negotiating.