3 Glenelg Road, Werribee VIC 3030

Four-bedroom family home | compact 325m² lot | Riverwalk Estate growth | future town centre This property presents a competitively priced, modern family home in a high-demand master-planned estate. Its four-bedroom, two-bathroom configuration is the dominant and most sought-after format for first-home buyers and growing families in Werribee, offering immediate functionality. The key strength is its position within Riverwalk Estate, which guarantees capital exposure to the planned 2027 town centre, directly linking the property’s value to concrete future amenity rather than speculative growth. The primary compromise is the smaller 325m² land parcel, which trades private outdoor space for lower maintenance and entry cost, capping land-value appreciation relative to larger lots in the street. This positions the property as a long-term hold for owner-occupiers to utilise the evolving amenities, or a strong rental investment for families seeking modern estate living. Proceed with an offer strategy anchored to the lower end of the quoted range, recognising the lot size discount against recent street sales. Recent sales on Glenelg Road demonstrate a direct premium for land size. 12 Glenelg Road, on a 480m² lot, sold for $872,000 in February 2025. This establishes a clear benchmark, indicating the subject property’s value is appropriately moderated by its smaller 325m² allotment. Your offer should reflect this land-size differential.