115 Wainewrights Lane, Buckley VIC 3240
115 Wainewrights Lane, Buckley VIC 3240
Rural acreage near Surf Coast | 40 acres, 3-bedroom house | Bushfire detected, no flood risk | Strong growth since 2021
This property offers a rare combination of substantial rural land—nearly 17 hectares—with proximity to the Surf Coast and Geelong, making it competitively positioned for buyers seeking lifestyle space without isolation. The 3-bedroom house with study and built-in robes provides functional living, while the full fencing and four parking spaces support farming or hobby use. It best suits a buyer wanting a versatile holding for privacy, small-scale agriculture, or future subdivision potential, given the rural zoning and strong historical appreciation of over 100% since 2013.
The detected bushfire risk is a material consideration, likely increasing insurance costs and requiring defensible space planning, though the absence of flood or heritage overlays simplifies development. The rental yield of 2.15% is low, so this is not an income-driven purchase. However, the recent listing and rapid value growth since 2021 suggest market momentum. Hold for medium-term capital gain or use as a lifestyle base; avoid relying on rental returns.
Detailed Independent Property Report prepared by PropCred Analyst team for 115 Wainewrights Lane, Buckley VIC 3240
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
This tightly held suburb is defined by its mature, established demographic, where managers form the most common occupation and household incomes sit above the metropolitan median. Demand is driven by a cohort of older, financially secure professionals seeking stable, low-density living. While current price data is unavailable, the absence of recent sales or rental activity suggests a market characterised by low turnover and high owner-occupancy rather than speculative pressure. Future growth is constrained by the suburb’s limited population base and lack of new supply, reinforcing its profile as a stable, low-risk environment for patient capital.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
16.94 ha
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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