11 Waranga Street, Nerrina VIC 3350
11 Waranga Street, Nerrina VIC 3350
4-bedroom plus study | 3 separate living areas | 1,104m² block | enclosed outdoor area | no parking listed
This house is rare in its suburb for combining generous land with a practical family layout. Built in 2002, it offers four bedrooms plus a study, an ensuite and robe to the master, and three separate living areas—a configuration that suits growing families who need space to spread out without feeling oversized. The enclosed outdoor area adds a sheltered extension for year-round use. On a low-density street with only thirty-eight properties, the setting is established and private. The house sits well within Nerrina’s character of larger blocks and detached homes, making it most appealing to families moving within the Ballarat market who prioritise internal flexibility and outdoor room over a tight floorplan.
The absence of confirmed parking may be a material factor for buyers with multiple vehicles or plans for a caravan or boat. While many suburban families expect at least two car spaces, this listing suggests none is formally allocated—this could affect convenience and resale appeal for certain households. The land size is a clear advantage, but without details on finishes, heating or cooling, or renovation history, the true condition warrants a thorough inspection. The enclosed area may also require verification of its permit status if it was added after construction. These points should be weighed when forming a view on price, as they may narrow the pool of interested buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Waranga Street, Nerrina VIC 3350
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Nerrina leverages its proximity to upgraded V/Line commuter services, offering residents a highly targeted lifestyle and infrastructure advantage. Investors chasing gross rental yields far above capital city averages are aggressively driving the housing demand here to secure a foothold in this specific postcode. As of 2026, these major regional hubs are offering a highly attractive blend of affordability and strong tenant demand.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
-
Land
1104m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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