For Sale

Lot 772 Centenary Crescent, Werribee, Vic 3030

Knockdown-Rebuild Opportunity $499,000 to $549,000

Residential Land

Type

550 m²

Area

Last updated on Friday, May 15, 2026 ( See property details for Lot 772 Centenary Crescent, Werribee, Vic 3030)

Knockdown-Rebuild Opportunity $499,000 to $549,000

View the agent price guide.

Vish Sidhu - Real Estate Agent - Area Specialist West

Vish Sidhu Partner | Sales | New Home

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AI Property Insight

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

A versatile 550m² residential land parcel in Werribee offering development potential, rental income, and prime location convenience.

🏡 Property Highlights

Ideal knockdown and rebuild site for a family home
Potential for dual townhouse development (STCA)
Strong resale prospects with homes achieving around $700,000
Existing home can generate rental income of approx. $400 per week
Located in Werribee’s most established and fast-growing pocket
Close proximity to major amenities including shopping, schools, and transport

✨ Key Features

Open-Plan Living
Waterfront / Views
Secure Parking
Outdoor Area
Built-in Robes
Home Office / Study
Ensuite
Air Conditioning
Dishwasher
Low-Maintenance Yard

Suburb and Property Insights of Werribee, VIC 3030

Werribee is a vibrant and rapidly growing suburb renowned for its family-friendly community, excellent amenities, and convenient access to Melbourne. It offers a mix of established homes and new developments, making it ideal for investors and homeowners alike. The area boasts quality schools, shopping centres, healthcare facilities, and excellent transport links, ensuring a high standard of living and strong future growth prospects.

Frequently Asked Questions

Can I build multiple dwellings on this land?

Yes, subject to council approval, there is potential for dual townhouse development (STCA) on this 550m² site.

What is the current rental income potential?

The existing home can be rented out for approximately $400 per week with minor refurbishment.

What are the nearby amenities and transport options?

The property is close to Pacific Werribee Shopping Centre, Werribee Railway Station, local schools, and Werribee Mercy Hospital, with easy access to the Princes Freeway.

Is there development upside for this property?

Yes, the site offers strong development potential with the possibility of building two side-by-side townhouses, each around 20 squares.

What is the land size and suitability for future plans?

The land size is approximately 550m², providing ample space for rebuilds or dual development STCA.

What to ask about this property to agent?

Are there any zoning restrictions or easements affecting the property? Has the land been surveyed recently and are there any boundary disputes? Are there any planning permits or approvals in progress or required? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or construction projects nearby that could impact the property?

Lot 772 Centenary Crescent, Werribee, Vic 3030 - More Details

Knockdown-Rebuild Opportunity $499,000 to $549,000

Type: Residential Land
Area: 550 m²

Price guide

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Lot 772 Centenary Crescent, Werribee, Vic 3030 - Point Of Interest

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Your Commute at a Glance: Lot 772 Centenary Crescent, Werribee, Vic 3030

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