22 Waldock Way, Warrnambool VIC 3280

Contemporary family home | premium Warrnambool location | generous 720sqm lot | strong school zoning. This property offers a rare combination of modern construction, generous land, and premium positioning in a family-oriented street. The 720sqm lot with no overlays provides flexibility that many newer estates cannot match, while the four-bedroom layout with separate study and dual living zones suits professional families working from home. Zoning for Warrnambool Primary and Brauer Secondary College adds long-term buyer appeal, and the FTTP connection supports remote work without being a primary value driver. The property serves best as a long-term family home in a stable market. The key risk is the asking price’s premium over comparable sales, requiring the buyer to pay for build quality and land size rather than immediate market support. The 2019 land cost of $170,000 means the current price reflects full construction appreciation, leaving limited short-term capital growth. However, the lack of overlays and 720sqm lot offer future subdivision potential in a constrained market. Buyers should negotiate firmly, holding for at least five years to realise the location’s compounding value.