2 The Esplanade, Warrnambool, VIC 3280 | Land for sale | OnTheHouse
 
FOR SALE
$219,000

2 The Esplanade
Warrnambool VIC 3280

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Endless Potential by the Merri

For sale is 5 incredible lots that offer endless potential for development, investment, or building your dream home.
The Esplanade is situated in the heart of Dennington, a peaceful yet vibrant area that’s just a short drive from the town centre of Warrnambool. If you’re looking for a perfect balance between tranquility and convenience, this is it. The lot’s proximity to the stunning coast, local amenities, schools, and public transport makes it an attractive prospect for anyone wanting to create something special in this area.
These five lots are all zoned for residential development, making them ideal for building your new home or as a solid investment. There is generous street frontage, ensuring easy access for development. The land is mostly flat and clear, with minimal clearing needed to get started, making it a smooth process for any development plans you have. All utilities including water, electricity, and gas are available on-site, ensuring a hassle-free connection when you’re ready to build.
Lot 1: 373 m2
Lot 2: 360m2
Lot 3: 360m2
Lot 4: 340m2
Lot 5: 383m2
All lots $205,000 each.
Whether you’re an investor looking to subdivide or a family eager to build your dream home, these lots offer excellent flexibility. Whether it be Single Residential Homes (Perfect for families seeking space, proximity to schools, and a peaceful lifestyle), Multi-Unit Development (If you’re thinking of a more lucrative option, these lots offer the potential for townhouse or unit developments (subject to council approval) or Land Banking (with the future development of the surrounding area, purchasing now could prove to be a savvy investment).
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Property Details for 2 The Esplanade, Warrnambool

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About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. There are 76 parks, covering nearly 6.4% of the total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.

Warrnambool has 19,704 properties. Over the last 5 years, Houses in Warrnambool have seen a 36.35% increase in median value, while Units have seen a 24.16% increase. As at 31 May 2026:

  • The median value for Houses in Warrnambool is $684,857 while the median value for Units is $472,996.
  • Houses have a median rent of $600 while Units have a median rent of $450.
There are currently 160 properties listed for sale, and 35 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 941 properties were sold in the past 12 months in Warrnambool.

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Jeremy Gleeson
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