4 Artfield Drive, Werribee VIC 3030
4 Artfield Drive, Werribee VIC 3030
Compact 3-bed family house on 292m² | Mid-range Werribee pricing | Owner-occupier suburb with steady rental demand | Growth-corridor estate setting | School proximity a key draw.
This is a well-configured family house in a newer Werribee estate, offering a practical 3/2/2 layout on a manageable block. Its strength lies in its alignment with what most buyers in this pocket want: a low-maintenance, modern-style detached home near schools and within a suburb that is predominantly owner-occupied. The mid-range price point makes it accessible to first-home buyers and young families, while the compact land size appeals to those seeking less upkeep without sacrificing a full house footprint. It competes well against similar estate product in the area, and its position within a growth corridor suggests ongoing neighbourhood maturation.
The value proposition may hinge on how the interior condition and finish compare to nearby newer stock, as the compact land size limits expansion potential. Market conditions in growth suburbs can shift with supply levels, so price movement might be influenced by how many similar houses are listed at the same time. Rental demand appears moderate, which could support an investor buyer, but the strongest pull is likely for owner-occupiers prioritising school access and a straightforward family layout. The absence of standout features means pricing will likely track closely with comparable sales rather than achieve a premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Artfield Drive, Werribee VIC 3030
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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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: Similar 3-bed houses nearby have sold around $620k | Property Price Band: $600k–$700k | Value Drivers: Interior condition, land size, and proximity to primary and secondary schools
Bedrooms
3
Bathroom
2
Parking
2
Land
292m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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