16 Whale Avenue, Warrnambool VIC 3280
16 Whale Avenue, Warrnambool VIC 3280
Custom coastal estate | 2000m² corner lot | 18x9m industrial shed | 300m to whale nursery | Architect-designed residence
This property presents a rare, consolidated lifestyle offering within Warrnambool’s premier coastal enclave. Its competitive strength lies in the combination of a custom-designed, single-level residence with substantial, versatile outbuilding space on a large, elevated block, all positioned immediately adjacent to a significant natural attraction. This configuration is tailored for a buyer seeking a permanent or secondary home with ample capacity for vehicles, boats, or a workshop, without compromising on architectural quality or panoramic views. It serves a specific, narrow demographic valuing prestige, space, and a unique coastal proximity over suburban convenience.
The decision hinges on the premium commanded for its rarefied position and bespoke features, against a lack of recent, direct comparable sales to firmly anchor its market value. The substantial shed and solar system offer tangible utility and cost mitigation, supporting a long-term hold. Acquire this as a legacy coastal holding for personal use, acknowledging the price reflects its singular attributes rather than pure yield. Its value is preserved by the irreplaceable land parcel and limited similar stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Whale Avenue, Warrnambool VIC 3280
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Warrnambool presents a compelling coastal growth corridor, balancing progressive development with its established country town character. Demand is underpinned by strong renter interest and a persistent shortage of rental stock, creating a tight market with exceptionally low vacancy. Recent price momentum reflects this sustained pressure, supported by steady sales activity. Future growth is anchored in planned population expansion and community-backed infrastructure investment, though the pace of new housing supply remains a key constraint against rising demand.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
6
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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