44 Wagner Drive Werribee VIC 3030
44 Wagner Drive Werribee VIC 3030
Modern family home | 4 beds + 2 baths | 387m² fenced lot | Alwood Estate location | premium kitchen & master suite
This property presents a competitively strong offering for a family or investor seeking a modern, turnkey home in a convenient Werribee estate. Its larger 387m² block, premium inclusions, and dual living areas provide a tangible configuration edge over newer, smaller-lot stock, positioning it well for owner-occupiers seeking space or investors targeting stable rental demand from families. The absence of environmental overlays and zoning for established schools further solidifies its core appeal.
Proceed with the understanding that the valuation range is broad, reflecting market uncertainty. The key risk is paying a premium for unverified building condition and age, which necessitates a stringent building inspection. For an investor, the disparity in rental estimates requires immediate local agent verification to underpin yield calculations. This property is a hold for the medium term, leveraging its established lot size and finishes. A Propcred report would pressure-test the $675k-$710k valuation range, detail locality risks, and provide the essential due diligence checklist for settlement.
A direct comparable at 53 Wagner Drive sold for $654,000. It shared the 4-bed, 2-bath, 2-car format but on a smaller 349m² block. This sale supports a value premium for this property’s larger 387m² land parcel, anchoring its market position above that benchmark.
Detailed Independent Property Report prepared by PropCred Analyst team for 44 Wagner Drive Werribee VIC 3030
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
!
1
Execution Risk
✓
Insight: 44 Wagner Drive Werribee VIC 3030
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.
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
387m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst