10B Walls Road, Werribee VIC 3030
10B Walls Road, Werribee VIC 3030
4 bedrooms, 1 bathroom, 2 parking spaces on a 561 square metre block. An 18 kilowatt solar system is installed. Sold in 2023 for 565 thousand dollars. The property sits in an established family pocket of Werribee with good school and transport access.
A four bedroom house on a generous 561 square metre block is not common in this part of Werribee, where most lots are smaller. The 18 kilowatt solar system is a genuine standout feature, delivering material ongoing electricity savings that most comparable houses simply do not offer. This property is best suited to a family wanting a move in ready home with space for children and entertaining, in a location that is established rather than fringe. The single bathroom is a constraint for some buyers, but for the right household it is not a dealbreaker given the land size and the quality of the systems already in place.
The single bathroom may limit appeal to larger families or those accustomed to ensuite living, and this could narrow the buyer pool slightly. The price increase since the 2023 sale is notable, and a buyer should consider whether the solar system and land size fully justify the current premium over what similar houses nearby have transacted for. Future noise from the nearby stadium development is an unconfirmed possibility, but it is worth weighing if long term quiet is a priority. The property itself is solid, but the price needs to reflect the configuration constraint and the broader market conditions in Werribee right now.
Detailed Independent Property Report prepared by PropCred Analyst team for 10B Walls Road, Werribee VIC 3030
Checks found:
Value Risk
✕
2
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Werribee presents as an affordable, family-oriented suburb with strong infrastructure and natural appeal, driving demand from value-seeking buyers. Recent price growth has moderated, with current conditions favouring purchasers. Significant ongoing development underpins future potential, though this growth trajectory has shown recent signs of plateauing.
PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
562m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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