72 Loyola Road, Werribee VIC 3030
72 Loyola Road, Werribee VIC 3030
3-bed family house | 610m² established lot | school zone | entry-level Werribee | older brick stock
This is a straightforward family house on a standard 610m² lot in an established Werribee corridor. It competes well for buyers seeking a functional 3-bedroom floorplan with a double garage, positioned inside the Werribee Primary and Secondary College zones. The configuration suits first-home buyers and young families who want a house, not a unit, with room to add value over time. The land component is the strongest feature, a mid-sized lot in a suburb where family housing turnover remains active. It is not a premium or modern product; instead it quietly offers what the entry-level family market wants: separate living, three bedrooms, off-street parking for two cars, and a location within a short trip to schools and the Werribee town centre. The property will be most attractive to buyers prioritising school catchment access and a solid, affordable house over polish or renovation-free condition.
Condition and presentation may shape the final price more than anything else, given the house appears to be older stock. Any need for immediate kitchen, bathroom, or flooring updates might be weighed against the land value. Aspect could influence living comfort and heating-cooling costs, though orientation was not confirmed in the inspection material. The absence of a second bathroom may limit appeal to growing families when compared with larger street stock. A modest update program could lift rental return or resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 72 Loyola Road, Werribee VIC 3030
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
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: 45 Loyola Road at $780k; 30 Loyola Road at $800k | Property Price Band: $650k–$750k | Value Drivers: land size, condition, school zone access
Bedrooms
3
Bathroom
1
Parking
2
Land
610m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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