2/22-26 Glen Street, Werribee VIC 3030

2/22-26 Glen Street, Werribee VIC 3030
2-bed unit in Werribee complex | 1969 build on large block | school zone catchment | no flood or bushfire risk. This unit offers a competitive entry point for first-home buyers or investors seeking a low-maintenance property in a well-connected suburb. Its position within a small complex of 11 on a substantial 1,843 mยฒ site suggests potential for future redevelopment or capital growth, while the school zone catchment adds enduring demand. The near-perfect alignment of current rent with market estimates confirms realistic pricing and stable rental appeal. The primary risk is the 1969 build, which may require updates to meet modern standards, though no overlays simplify planning. The large land component presents a strategic opportunity for long-term holders to explore subdivision or development, subject to council approval. For a buyer, this unit suits a hold strategy focused on steady yield and future land value appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/22-26 Glen Street, Werribee VIC 3030
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Market Insight:

Werribee presents as an affordable, family-oriented suburb with strong infrastructure and natural appeal, driving demand from value-seeking buyers. Recent price growth has moderated, with current conditions favouring purchasers. Significant ongoing development underpins future potential, though this growth trajectory has shown recent signs of plateauing.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

140mยฒ

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