138 Reed Crescent, Wonthaggi, Vic 3995

$389,000

House
Type
4
Bedrooms
1
Bathrooms
1
Parkings
450 m²
Area

Published on Friday, October 23, 2026 ( See property details for 138 Reed Crescent, Wonthaggi, Vic 3995)

$389,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

An affordable, spacious four-bedroom home in a prime coastal location offering excellent renovation potential and versatile outdoor spaces.

🏡 Property Highlights

  • Prime coastal location close to beaches and amenities
  • Potential for renovation and value-adding updates
  • Generous 450 m² block with a flat backyard
  • Separate detached bungalow for storage or workshop
  • Four bedrooms with built-in robes in two rooms
  • Comfortable living area with wood heater and split-system air conditioner

✨ Key Features

  • Built-in Robes
  • Split-System Air Conditioning
  • Outdoor Area
  • Garage
  • Workshop
  • Open-Plan Living
  • Pet-Friendly
  • Security Screens / Gates
  • Fully Fenced
  • Water tank
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138 Reed Crescent
Wonthaggi, VIC 3995
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Vertical aerial view — 138 Reed Crescent
138 Reed Crescent — Vertical Aerial  •  Wonthaggi, VIC 3995  •  Nearmap © 2026

Wonthaggi offers a vibrant community with convenient access to local schools, shops, and medical facilities. Its proximity to pristine beaches like Cape Paterson and Inverloch makes it ideal for coastal living. The area features a mix of established homes and renovation opportunities, perfect for families and investors alike. Enjoy a relaxed lifestyle with easy commuting to Melbourne and a friendly neighbourhood atmosphere. Wonthaggi’s natural beauty and amenities make it a highly desirable place to call home.

What is the condition of the property and what updates are needed?
The home requires work and updates throughout, offering a great opportunity for renovation and personalisation.
Is there potential for extension or further development on the property?
Yes, the spacious 450 m² block and existing structures provide scope for extensions or additional improvements.
What are the nearby amenities and lifestyle benefits?
The property is close to Wonthaggi's town centre, schools, shops, medical facilities, and is just minutes from beaches like Cape Paterson and Inverloch.
Are there any planning restrictions or zoning considerations?
Potential buyers should consult local council regulations to confirm zoning and any development restrictions.
What are the ongoing costs associated with the property?
Ongoing costs may include council rates, maintenance, and utility expenses; specific details should be confirmed with the seller.
Are there any known issues with the property's foundation, roof, or plumbing that could incur significant repair costs? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any easements, covenants, or planning restrictions that could impact renovation plans? Is the detached bungalow structurally sound and compliant with current building standards? Are there any upcoming developments or construction projects nearby that could affect the property's value or lifestyle?

138 Reed Crescent, Wonthaggi, Vic 3995 - More Details

$389,000

138 Reed Crescent, Wonthaggi is an older four-bedroom home that offers genuine potential for the right buyer looking for a hands-on project or an affordable entry into the market.

Situated in a convenient street close to Wonthaggi's central township, local schools, shops, medical facilities, and everyday amenities, the home sits in an ideal location. You are also perfectly positioned to enjoy coastal living, with the pristine beaches of Cape Paterson located less than a 10-minute drive away and Inverloch just 15 minutes down the road. For commuters or weekend travelers, Melbourne is an easy drive roughly 130 km away.

The front of the house features a simple covered veranda leading into the entry hall. Inside, you will find four bedrooms located off the hallway, two of which have built-in robes. The central living and dining space forms the heart of the home, fitted with a freestanding wood heater and a split-system air conditioner.

Right off the dining area is a functional timber kitchen equipped with a gas cooker, pantry space, and standard benchtop areas. At the back of the house sits a main bathroom with a separate bath and shower, along with a dedicated laundry area and separate toilet.

Outside, the property includes a deep concrete driveway running alongside the home to a large, long detached garage. The backyard offers a flat lawn area, a clothesline, and a separate detached bungalow that could serve extra storage or workshop needs.

While the home needs work and updates throughout, it provides a solid foundation, a great coastal location, and plenty of room to renovate and make it your own.
Type
House
Bedrooms
4
Bathrooms
1
Parkings
1
Area
450 m²
House Size
139 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Map & nearby places — 138 Reed Crescent, Wonthaggi, Vic 3995

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

We do not hold a school zone outline for this address. That does not mean it has no zoned school: use the education department’s school finder to check.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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