140 Albert Road, Warragul VIC 3820
140 Albert Road, Warragul VIC 3820
4-bed brick veneer on 798m² | Family layout with ensuite and dual living zones | Central Warragul walkability | Established gardens and side access | Ducted heating plus split-system cooling
This property holds a genuine edge for families wanting central-town convenience without compromising on space. The 798m² allotment is notably generous for a house this close to Warragul’s shopping, station, and schools, and the traditional four-bedroom, two-bathroom layout with a separate toilet and laundry access suits everyday family living well. The L-shaped lounge and dining area creates a flexible front-of-house zone, while the main bedroom with ensuite offers a practical parent retreat. It is best suited to owner-occupiers—particularly young families or those returning to town—who value walkability and a manageable garden over brand-new finishes. The brick veneer construction and established plantings suggest a solid, low-fuss property that rewards light renovation rather than requiring heavy structural work.
The value picture here hinges on how the interior condition compares to expectations for its age. The listing does not confirm kitchen or bathroom quality, flooring, or whether any recent updates have been made, so a buyer should inspect closely to gauge whether the price reflects original or refreshed presentation. The single garage plus carport is adequate but not generous for a four-bedroom house, and the absence of stated modern features like stone benchtops or ducted cooling may cap upside unless improvements are planned. The north-facing aspect is not confirmed, which could affect how the living areas feel across the day. These factors may influence negotiation room, particularly if comparable central houses with similar land have been updated more recently.
|| Comparable Sales: 2/150 Albert Road sold at $440,000 in 2021; 14 Albert Street estimated near $710,000 | Property Price Band: $570,000–$620,000 | Value Drivers: land size, central location, layout flexibility, condition of interiors
Detailed Independent Property Report prepared by PropCred Analyst team for 140 Albert Road, Warragul VIC 3820
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Warragul, just over an hour from Melbourne, is a West Gippsland hub; population grew 26% since 2016, with 30-39 the largest cohort. Families, professionals and retirees drive demand, supported by strong schools and infrastructure investment. The median house price is around $650,000, with growth flat to low single-digit (2.28% versus -0.19% in 2025 estimates); units sit near $443,000, down 0.7-1.7%. Houses move in 45-62 days, with roughly 500 annual sales and 209 current listings, implying balanced supply. Gross yields are 4.25% for houses and 5.15% for units, while median weekly rents are $565 and $410. Future growth depends on continued infrastructure and education spending, but the median sales price over the past year reached $871,750, well above the house median; with 209 properties listed, supply levels may limit price growth.
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PropCred Estimated Value
Comparable Sales: 2/150 Albert Road sold at $440,000 in 2021; 14 Albert Street estimated near $710,000 | Property Price Band: $570,000–$620,000 | Value Drivers: land size, central location, layout flexibility, condition of interiors
Bedrooms
4
Bathroom
2
Parking
2
Land
798m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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