172 Warragul-Lardner Road Warragul VIC 3820

172 Warragul-Lardner Road Warragul VIC 3820
1970 build | 4 bed, 2 bath, study | 1.13 acres | bushfire overlay | fibre & 5G This property presents a rare suburban holding on a substantial residential parcel, offering space and configuration increasingly uncommon in the market. Its four bedrooms, two living areas, and study cater specifically to growing families seeking long-term utility, further supported by modern conveniences like ducted heating, air conditioning, and solar panels. The zoning for established schools within a kilometre solidifies its family appeal, positioning it as a durable, needs-based purchase rather than a speculative one. The primary decision mechanism is the bushfire overlay, which imposes specific construction standards, potential insurance premiums, and may limit future borrowing. Offsetting this is the commercial logic of the land component itselfΒ—1.13 acres provides a tangible scarcity premium and future flexibility. Acquire this property as a long-term family home, accepting the overlay’s conditions for the land size and liveability it secures. A PropCred report would quantify the overlay’s precise cost implications, validate the local sales comparisons, and detail locality-specific risk factors for a secured purchase. The property last sold in 2016, with a prior sale noted in 2007 as a 3-bedroom home on approximately one acre. This history indicates a held property with incremental improvement, suggesting a stable, long-term ownership pattern in the area. For a buyer, this context supports the premise of a settled neighbourhood and underscores the rarity of such a large block transacting in the current market.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Warragul is a thriving regional hub attracting young families and professionals seeking a balanced lifestyle with modern amenities. This demographic shift, supported by strong population growth, underpins steady demand. The housing market demonstrates resilience with stable values, while the unit segment presents a more varied performance. Future growth is anchored in continued infrastructure investment and its established community appeal, though the market’s evolution is tempered by a notable increase in available listings.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

1.13 acres

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