87 Thames Boulevard, Werribee VIC 3030

87 Thames Boulevard, Werribee VIC 3030
Renovated 2-bed Werribee house | flexible front room as study or third bedroom | steps from Bethany Primary | single-level with yard. This property occupies a rare position in the entry-level detached market: a genuinely move-in-ready house under $620k in a corridor where most comparable stock requires work. The renovated kitchen and bathroom, new carpets, and fresh paint remove the immediate capital outlay that typically burdens first-home buyers or investors. The separate front living area is the structural advantage hereโ€”it functions as a third bedroom, home office, or second living zone, effectively giving a 2-bedroom house the flexibility of a 3-bedroom layout without the land cost. That matters for resale depth and rental appeal. The location, 78 metres from Bethany Catholic Primary and under 2.5km from Pacific Werribee, anchors daily convenience. This suits buyers who prioritise condition and configuration over land size, and investors seeking a low-maintenance holding with renovation upside already captured. The limitation is the 437mยฒ block and single garageโ€”this is not a land play, and the price guide sits above automated estimates, meaning the vendor has priced in the cosmetic work. Buyers should verify the bathroom access arrangement: the listing suggests ensuite-like access from the master, but it may be a shared bathroom with a separate toilet, which affects appeal for couples or sharers. The 4km distance to Werribee station makes this car-dependent, though the bus stop is close. The opportunity is in the yield: at $405 per week estimated rent, the numbers work for an investor if purchased near the lower end of the guide. Hold this as a starter home or rental, not a subdivision play, and the renovation protects downside.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 87 Thames Boulevard, Werribee VIC 3030
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Market Insight:

Werribee presents as an affordable, family-oriented suburb with strong infrastructure and natural appeal, driving demand from value-seeking buyers. Recent price growth has moderated, with current conditions favouring purchasers. Significant ongoing development underpins future potential, though this growth trajectory has shown recent signs of plateauing.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

437mยฒ

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