48 Sommerville Boulevard, Warrnambool VIC 3280

Modern 4-bedroom Warrnambool house | 858sqm lot with 35% site coverage | no overlays | strong rental yield at $640 weekly. The property’s competitive strength lies in its rare combination of a large 858sqm lot with only 35% site coverage, offering future subdivision or extension potential in a residential zone with no bushfire, flood, or heritage constraints. The dual living areas, study, and remote garage suit families seeking space and flexibility, while the reliable NBN and 5G coverage support remote work. With a 79% local auction clearance rate and 34% of listings under offer, demand in Sommerville Boulevard is robust, making this a strong buy for owner-occupiers or investors targeting the $640 weekly rental estimate. The primary risk is the property’s off-the-plan status, which introduces construction timeline uncertainty and potential cost overruns; buyers should secure fixed-price contracts and sunset clauses. The estimated value of $763,000 is high-confidence, but the 236-297sqm internal area variance suggests careful measurement verification is needed. For investors, the rental yield is solid, but capital growth depends on execution of the subdivision potential. Hold for medium-term appreciation or use as a family home with income offset.