34 Cassidy Road, Werribee VIC 3030
34 Cassidy Road, Werribee VIC 3030
Established Werribee house | family-oriented street | detached configuration likely | traditional suburban demand | value tied to land and condition
This property sits within Werribee’s core residential stock, where detached family houses remain the dominant and most sought-after form. The suburb’s profile points to steady owner-occupier demand from couples and young families, drawn by established infrastructure and a practical, middle-ring location. If this is a conventional 3–4 bedroom house on a reasonable block, it would serve first-home buyers and growing families well, offering the kind of straightforward, functional layout that holds broad appeal in this market. The street itself appears consistent with older, settled neighbourhoods, which tends to support stable value retention over time.
Value may be shaped by the property’s age, condition, and land size relative to the street. A well-maintained or updated interior could lift its position noticeably, while an original or dated finish might leave room for a buyer to add value through renovation. The block size will matter most—larger parcels in this area typically command a premium, whereas smaller lots narrow the buyer pool. Orientation and frontage could also influence perceived light and street presence, though these are secondary to the core factors of land, layout, and upkeep.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Cassidy Road, Werribee VIC 3030
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Werribee is an affordable, family-friendly suburb positioned near the coast with efficient CBD commutes and ample schools, parks and retail. Demand is driven by owner-occupiers and investors attracted to its urban-amenity-plus-natural-setting balance, though growth has flatlined over three years. Median house price is $645,000 with 5.39% annual growth; units are $460,000 at 6.98%. Homes sell in 25 days, with 1,119 house sales in the past year, reflecting steady turnover. Gross rental yields are modest—houses 3.76%, units 4.78%—with weekly rents of $460 and $425. Vacancy sits at 2.03%, indicating balanced rental demand. The -2.89% vendor discount signals a buyer’s market, while significant local development positions the suburb for future gains, tempered by a recent price plateau.
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PropCred Estimated Value
Comparable Sales: nearby houses on similar blocks have transacted in the $600,000–$660,000 range | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, and layout suitability for family living
Bedrooms
4
Bathroom
3
Parking
2
Land
448m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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