86 Willandra Circuit, Warragul VIC 3820
86 Willandra Circuit, Warragul VIC 3820
Modern 4-bed family home | North-facing orientation | Multiple living zones | Above-average floor area | Recently built post-2019
This property presents a competitively strong offering within the Warragul market, defined by its superior spatial design and recent construction. The north-facing aspect and three separate living zones, including a main living area with raked ceilings, deliver a functional and light-filled family environment that outperforms basic stock. Its 231mΒ² floor area is notably above average for a four-bedroom house, catering specifically to buyers seeking modern, low-maintenance living with ample space. The recent lease at $490 per week demonstrates solid rental demand, positioning it as a viable holding for an owner-occupier or an investor targeting the family demographic.
The primary decision rests on reconciling its premium features with the limited data on recent comparable sales in the immediate area. This opacity introduces valuation risk, requiring due diligence to ensure the price aligns with true market movement since its last sale in May 2023. The calculated gross yield of approximately 3.5% is reasonable for the area but not exceptional. Proceed with a conditional offer that reflects its design advantages while accounting for the lack of precise sales benchmarks, ideally as a long-term family home to fully capitalise on its liveability.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Warragul is a thriving regional hub attracting young families and professionals seeking a balanced lifestyle with modern amenities. This demographic shift, supported by strong population growth, underpins steady demand. The housing market demonstrates resilience with stable values, while the unit segment presents a more varied performance. Future growth is anchored in continued infrastructure investment and its established community appeal, though the market’s evolution is tempered by a notable increase in available listings.