15 Fieldstone Avenue, Warragul VIC 3820
15 Fieldstone Avenue, Warragul VIC 3820
4/2/2 on 595m² | Waterford Rise family estate | two living areas + study nook | near station/M1 | solid $600/wk rent appeal
A well-configured 4-bedroom family house is offered in Waterford Rise, with two separate living areas, a study nook, and a double garage with internal access. The property is positioned within a sought-after estate close to Warragul CBD, the V/Line station, and the M1 Freeway, so daily commuting or school runs are made practical. Its 595m² lot is typical of newer Warragul estates, but the stone kitchen, 900mm cooker, ducted heating, split-system cooling, and covered alfresco are stronger than entry-level finishes. This house is best suited to owner-occupier families wanting move-in comfort, and investor interest is also drawn by rental references around $600–$620 per week.
The eventual sale price may be influenced by the property’s position within the estate, the quality of presentation, and the practical layout. Value may be supported by the 595m² land size and low-maintenance yard, while the newer estate setting might limit premium pricing compared with older, more central Warragul family homes. The price outcome might also be shaped by buyer perception of side access potential, with more weight placed on rental yield by investors and on everyday comfort by owner-occupiers.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Fieldstone Avenue, Warragul VIC 3820
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Warragul, just over an hour from Melbourne, is a West Gippsland hub; population grew 26% since 2016, with 30-39 the largest cohort. Families, professionals and retirees drive demand, supported by strong schools and infrastructure investment. The median house price is around $650,000, with growth flat to low single-digit (2.28% versus -0.19% in 2025 estimates); units sit near $443,000, down 0.7-1.7%. Houses move in 45-62 days, with roughly 500 annual sales and 209 current listings, implying balanced supply. Gross yields are 4.25% for houses and 5.15% for units, while median weekly rents are $565 and $410. Future growth depends on continued infrastructure and education spending, but the median sales price over the past year reached $871,750, well above the house median; with 209 properties listed, supply levels may limit price growth.
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PropCred Estimated Value
Comparable Sales: 15 Royston Avenue recorded around $654,000; 15 Kendal Avenue near $647,000 | Property Price Band: $660,000–$700,000 | Value Drivers: 595m² land size, two-living-area layout, stone kitchen and presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
595m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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