8 Banksia Road, Wendouree, VIC 3355 | House for sale | OnTheHouse
 
FOR SALE
$450,000 - $490,000

8 Banksia Road
Wendouree VIC 3355

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 666m2
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DEVELOPMENT POTENTIAL & POSITION IN WENDOUREE, 666m2 (approx.) WITH PLANS (STCA)

Positioned on a generous 666m² (approx.) allotment in the established and highly convenient suburb of Wendouree, 8 Banksia Road presents an exciting opportunity for homeowners, investors and developers alike.
Offering a comfortable existing residence, the home features three bedrooms, a central bathroom, separate living, and a functional kitchen and dining zone. A covered patio and practical laundry area add further everyday convenience, while the established backyard provides plenty of space for outdoor enjoyment.
The real attraction, however, lies in the land. Set on a substantial parcel of approximately 666m² (approx.), the property offers exciting potential for future development, with the current owner having explored potential plans for additional units. Whether you choose to enjoy the existing home, invest and land-bank for the future, or investigate the development possibilities further, there is plenty of scope to add value here (STCA).
With its generous landholding, established residential setting and potential for further development, this is an opportunity that deserves serious consideration.
Located within easy reach of Wendouree's shopping, schools, public transport and everyday amenities, the property combines immediate practicality with exciting future possibilities. Currently an investment property, with rent coming in weekly.
Opportunities offering this combination of land, location and potential are becoming increasingly sought after. Enquire today to explore what could be possible at 8 Banksia Road.
Contact the exclusive listing agent Joshua Donaldson on 0488 141 582 today!
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Property Details for 8 Banksia Rd, Wendouree

8 Banksia Rd, Wendouree is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 666m2. The place is currently for sale with Real Estate Group.

Building Type
House
Land Size
666m2
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About Wendouree 3355

The size of Wendouree is approximately 9.6 square kilometres. There are 23 parks, covering nearly 12.5% of the total area. The population of Wendouree in 2016 was 10445 people. By 2021 the population was 10376 showing a population decline of 0.7% in the area during that time. The predominant age group in Wendouree is 20-29 years. Households in Wendouree are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wendouree work in a labourer occupation.In 2021, 53.40% of the homes in Wendouree were owner-occupied compared with 56.60% in 2016.

Wendouree has 6,677 properties. Over the last 5 years, Houses in Wendouree have seen a 23.94% increase in median value, while Units have seen a 23.44% increase. As at 31 August 2026:

  • The median value for Houses in Wendouree is $538,343 while the median value for Units is $408,241.
  • Houses have a median rent of $410 while Units have a median rent of $340.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Wendouree on OnTheHouse. According to Cotality's data, 365 properties were sold in the past 12 months in Wendouree.

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Joshua Donaldson
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Jayne Folker
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Real Estate Group
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