56 Windhaven Drive, Warragul VIC 3820
56 Windhaven Drive, Warragul VIC 3820
5 bedrooms, 4 car spaces | Large suburban block | Family-oriented pocket | Owner-occupier demand | Elevated outlook potential
This is a genuinely rare configuration for Warragul. Five bedrooms with four car spaces puts this house at the top end of family accommodation, and the street context suggests a quiet, established pocket where large blocks are the norm rather than the exception. The property is best suited to an upsizing family who needs room for vehicles, hobbies, or home-based work. The combination of generous land and high bedroom count gives it a competitive edge over newer estates where lots are smaller and parking is tighter. It should hold strong appeal for owner-occupiers looking to stay long term.
Value may be influenced by how the internal layout flows and whether the finishes have been updated or remain original. The condition of the kitchen and bathrooms will matter most, as those are the costliest to refresh. Land size and street position within the pocket could also shift the price meaningfully, especially if the block is one of the larger ones in the area. The four car spaces add practical value for families with multiple vehicles, trailers, or workshop needs.
|| Comparable Sales: 61 Windhaven Drive sold around $780k–$850k; 45 Windhaven Drive marketed near $830k–$880k | Property Price Band: $800k–$900k | Value Drivers: Land size, internal condition, parking capacity
Detailed Independent Property Report prepared by PropCred Analyst team for 56 Windhaven Drive, Warragul VIC 3820
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Warragul, just over an hour from Melbourne, is a West Gippsland hub; population grew 26% since 2016, with 30-39 the largest cohort. Families, professionals and retirees drive demand, supported by strong schools and infrastructure investment. The median house price is around $650,000, with growth flat to low single-digit (2.28% versus -0.19% in 2025 estimates); units sit near $443,000, down 0.7-1.7%. Houses move in 45-62 days, with roughly 500 annual sales and 209 current listings, implying balanced supply. Gross yields are 4.25% for houses and 5.15% for units, while median weekly rents are $565 and $410. Future growth depends on continued infrastructure and education spending, but the median sales price over the past year reached $871,750, well above the house median; with 209 properties listed, supply levels may limit price growth.
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PropCred Estimated Value
Comparable Sales: 61 Windhaven Drive sold around $780k–$850k; 45 Windhaven Drive marketed near $830k–$880k | Property Price Band: $800k–$900k | Value Drivers: Land size, internal condition, parking capacity
Bedrooms
5
Bathroom
2
Parking
4
Land
869m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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