10 Stephens Street, Warrnambool VIC 3280
10 Stephens Street, Warrnambool VIC 3280
Elevated view-oriented family house | 2,060m² with dual access | Four bedrooms, six-car capacity | Rare large-lot prestige in South Warrnambool | Coastal-edge lifestyle setting
A commanding coastal pocket position is held by this elevated house, with panoramic views taken in towards Lake Pertobe and the foreshore. Its land area and shedding capacity are set apart from typical suburban stock, giving genuine appeal for buyers seeking a hobby or vehicle-oriented lifestyle without sacrificing a polished interior. The renovation has been done thoroughly, including double glazing, stone finishes, and quality cabinetry, so the presentation is immediate. This house is best suited as a permanent family home for occupiers wanting the rarity of a large, high-set block near the water, or as a long-term lifestyle purchase for downsizers from acreage who still need substantial storage.
The value may be shaped by the niche buyer pool this property attracts. Higher upkeep might be implied by the large land and high-set form, and exterior wear could be affected by coastal exposure. A planning check may be prompted by a heritage flag, and a building inspection might be warranted by an unverified build year. They may shape sale timing and offer negotiation, not intrinsic appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Stephens Street, Warrnambool VIC 3280
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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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: 15 Stephens Street (4/2/6, 2,060m²) – sold $1.2M-$1.3M | Property Price Band: $1.2M-$1.3M | Value Drivers: land size, elevated coastal views, shed capacity
Bedrooms
3
Bathroom
2
Parking
-
Land
988m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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