8/3 Peter Street, Warrnambool VIC 3280

Quiet court position | 2-bed townhouse | Long-owner complex | North Warrnbool location The property offers a rare combination of a quiet court setting and a stable, long-owner complex,67% of owners have held for over a decade, signalling low turnover and a well-maintained building. For a buyer seeking a low-maintenance, lock-and-leave townhouse, the open-plan interior with gas heating and reverse-cycle air conditioning provides year-round comfort, while the enclosed rear yard and single garage add practical, everyday value. This unit is best suited to owner-occupiers or investors targeting tenants who value privacy and a settled neighbourhood over proximity to the city centre. The key risk is the property’s age,built in 1988,which may require near-term capital for roofing, plumbing, or exterior upkeep, though no specific defects are recorded. The lack of recent sales in the complex limits direct price evidence, but the suburb’s 7% growth and 5.4% rental yield support a stable hold. For an investor, the $450–$485 weekly rent potential offers a solid 5% yield, while an owner-occupier gains a quiet, low-overlay home in a school-served area. Hold this property as a long-term, low-fuss residential holding in a steady regional market.