3 Banks Street, Warneet, VIC 3980 | House for sale | OnTheHouse
 
FOR SALE
$899,000 - $979,000

3 Banks Street
Warneet VIC 3980

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 872m2
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A Coastal Family Retreat – Space, Lifestyle & Western Port at Your Doorstep

Positioned in the peaceful coastal village of Warneet and offering an exceptional combination of family space, generous land and an enviable waterside lifestyle, 3 Banks Street presents an exciting opportunity for those searching for something genuinely different.
Set across approximately 871m², this substantial five-bedroom, two-bathroom single-level residence delivers the room growing families need, while placing the relaxed atmosphere of Western Port virtually on your doorstep.
From the moment you arrive, there is a wonderful sense of space and privacy. Inside, the home's practical family-focused floorplan provides multiple accommodation options, an additional study, generous living areas and an inviting open-plan design that allows everyone to come together while still providing plenty of room to spread out.
At the heart of the home is the spacious kitchen, positioned to connect effortlessly with the main living and dining zone. Featuring extensive bench space, a large central island/breakfast bench, gas cooking and excellent cabinetry, it provides a functional hub for everyday family life as well as entertaining friends and extended family. Timber-look flooring adds warmth to the space and complements the home's relaxed coastal character.
With five bedrooms, this is a home capable of adapting to almost any family arrangement. Whether you require dedicated children's bedrooms, guest accommodation, space for teenagers or the flexibility of working from home, the combination of five bedrooms plus a separate study makes this an increasingly hard-to-find offering. Two bathrooms further enhance the home's practicality for a busy household.
Outside, the approximately 871m² allotment provides the space buyers come to Warneet looking for. Established garden surrounds create a peaceful setting with plenty of opportunity for children, pets and outdoor entertaining, while the property's two-car accommodation provides additional everyday convenience.
But what truly sets this property apart is the lifestyle.
Warneet is one of Western Port's tightly held coastal communities, where boating, fishing, walking along the foreshore and enjoying the water can become part of everyday life rather than something reserved for weekends.
The nearby Warneet foreshore and South Jetty provide access to one of the area's most recognised boating and fishing destinations, including a multi-lane boat ramp, while the surrounding mangrove coastline is popular for walking and birdwatching. Western Port itself is recognised internationally for its environmental significance as a Ramsar wetland.
For boating enthusiasts, fishermen or families simply wanting to escape the pace of suburbia, the location is difficult to beat. Warneet's established boating precinct incorporates jetties, boat launching facilities, parking and pontoons, making this an ideal base for anyone wanting to take full advantage of life on Western Port.
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Property Details for 3 Banks St, Warneet

3 Banks St, Warneet is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 872m2. The place is currently for sale with OBrien Real Estate Cranbourne.

Building Type
House
Land Size
872m2
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About Warneet 3980

The size of Warneet is approximately 3.3 square kilometres. There are 3 parks, covering nearly 12.9% of the total area. The population of Warneet in 2016 was 536 people. By 2021 the population was 565 showing a population growth of 5.4% in the area during that time. The predominant age group in Warneet is 50-59 years. Households in Warneet are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Warneet work in a trades occupation.In 2021, 82.30% of the homes in Warneet were owner-occupied compared with 80.40% in 2016.

Warneet has 279 properties. Over the last 5 years, Houses in Warneet have seen a 6.28% increase in median value. As at 31 August 2026:

  • The median value for Houses in Warneet is $747,414 while the median value for Units is $748,829.
  • Houses have a median rent of $375.
There are currently 2 properties listed for sale, and no properties listed for rent in Warneet on OnTheHouse. According to Cotality's data, 3 properties were sold in the past 12 months in Warneet.

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Matt Dewan
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OBrien Real Estate Cranbourne
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