360 Timor Street, Warrnambool VIC 3280
360 Timor Street, Warrnambool VIC 3280
Main-road Timor Street | walkable to Warrnambool CBD | mixed-use corridor demand | established housing stock | first-home, downsizer, investor appeal
Positioned within walking distance of Warrnambool’s retail and service core, the property is given genuine inner-city convenience by its location. The main-road Timor Street setting is recognised for strong visibility and flexible use potential, whether held as a residence or adapted for mixed-use purposes. Established housing stock in this corridor is only occasionally offered for sale, and central access combined with low-maintenance living is best suited to first-home buyers, downsizers, and investors. The corridor is well served by schools, transport, and daily amenity, making this a practical rather than lifestyle purchase. The competitive edge is location utility, with demand driven by practicality.
Value may be affected by the main-road position, where noise and parking expectations are moderated by convenience. Zoning and planning allowances are worth confirming, as these vary along this corridor, and development potential might be factored into the price. Final value may also be influenced by condition and layout adaptability, as older inner-city housing often carries a maintenance expectation.
Detailed Independent Property Report prepared by PropCred Analyst team for 360 Timor Street, Warrnambool VIC 3280
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Warrnambool presents a compelling coastal growth corridor, balancing progressive development with its established country town character. Demand is underpinned by strong renter interest and a persistent shortage of rental stock, creating a tight market with exceptionally low vacancy. Recent price momentum reflects this sustained pressure, supported by steady sales activity. Future growth is anchored in planned population expansion and community-backed infrastructure investment, though the pace of new housing supply remains a key constraint against rising demand.
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PropCred Estimated Value
Comparable Sales: 3/68 Timor Street unit sold July 2026; 38 Whites Road house sold at $280,500 (2017) | Property Price Band: $450K to $550K | Value Drivers: CBD location, land content, condition
Bedrooms
2
Bathroom
1
Parking
2
Land
469m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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