11 Froggitts Lane, Werribee VIC 3030
11 Froggitts Lane, Werribee VIC 3030
Family house on a lane | Werribee | Standard three-bedroom layout | Solid rental demand | Condition to verify
This is a conventional family house in a part of Werribee that remains popular with owner-occupiers and investors alike. Its lane position gives it a slightly quieter feel than a main-road property, while the established streetscape means schools, shops, and public transport are within reasonable reach. The three-bedroom format matches the dominant buyer profile in the area, making it a low-risk purchase for someone wanting a reliable tenant or a first home. The broad appeal lies in its simplicity: a workable layout, a manageable parcel of land, and a suburb with continuous demand.
The final value might turn on the condition of the building envelope and kitchen or bathroom fixtures. A dated but well-maintained house may secure interest from renovators, while a fresh interior could push it toward the top of the price band. Land size, particularly if it offers rear access or future expansion potential, may also shift the outcome. Orientation and natural light should be weighed, as should any street noise from the lane itself.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Froggitts Lane, Werribee VIC 3030
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Werribee is an affordable, family-friendly suburb positioned near the coast with efficient CBD commutes and ample schools, parks and retail. Demand is driven by owner-occupiers and investors attracted to its urban-amenity-plus-natural-setting balance, though growth has flatlined over three years. Median house price is $645,000 with 5.39% annual growth; units are $460,000 at 6.98%. Homes sell in 25 days, with 1,119 house sales in the past year, reflecting steady turnover. Gross rental yields are modest—houses 3.76%, units 4.78%—with weekly rents of $460 and $425. Vacancy sits at 2.03%, indicating balanced rental demand. The -2.89% vendor discount signals a buyer’s market, while significant local development positions the suburb for future gains, tempered by a recent price plateau.
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PropCred Estimated Value
Comparable Sales: 3 Wattle Court sold for $715K, 7 Banksia Drive sold for $748K | Property Price Band: $700K–$800K | Value Drivers: Condition, land size, presentation
Bedrooms
3
Bathroom
2
Parking
-
Land
305m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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