1 & 3 Princes Court, Werribee, VIC 3030 | House for sale | OnTheHouse
 
FOR SALE
$4,100,000 - $4,200,000

1 & 3 Princes Court
Werribee VIC 3030

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 4908m2
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Rare Approved Development Opportunity in the Heart of Werribee

1 & 3 Princes Court, Werribee presents a rare opportunity to secure a substantial, permit-approved development site in one of Werribee’s most tightly held and high-demand locations. Spanning approximately 4,908m² across two titles, this offering delivers immediate scale and flexibility, making it an ideal prospect for developers and builders looking to commence their next project with minimal delay.
The property comes complete with approved plans and permits for the construction of 20 townhouses, removing the time, cost and uncertainty typically associated with the planning process. With approvals already in place, purchasers can move forward with confidence and focus on delivery, capitalising on current market conditions and strong buyer demand within the area.
Currently improved with two existing dwellings, the site also offers the benefit of potential holding income while development preparations are finalised. This adds an additional layer of flexibility, allowing investors to generate return in the short term while planning their project timeline.
Positioned within close proximity to Werribee’s key amenities, including schools, shopping precincts, public transport and major arterial roads, the location continues to experience consistent population growth and increasing demand for quality housing. Opportunities of this calibre, combining scale, approval and location, are becoming increasingly difficult to secure in established areas.
For developers seeking a ready-to-go project with strong fundamentals and long-term upside, 1 & 3 Princes Court represents an exceptional opportunity to deliver a high-quality townhouse development in a proven growth corridor.
DISCLAIMER: All measurements noted are approximate only and clients are advised to make their own enquiries into the accuracy of the information provided. Particulars & photos given are for general information only and do not constitute any representation on the part of the vendor or agent.
Any open times displayed are current at the time of publishing but may change at any time. We recommend checking the listing prior to attending to confirm if the open home information is still current.
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Property Details for 1 & 3 Princes Ct, Werribee

1 & 3 Princes Ct, Werribee is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 4908m2. The place is currently for sale with OBrien Real Estate Werribee.

Building Type
House
Land Size
4908m2
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About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2016 was 40345 people. By 2021 the population was 50027 showing a population growth of 24.0% in the area during that time. The predominant age group in Werribee is 30-39 years. Households in Werribee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Werribee work in a professional occupation.In 2021, 63.80% of the homes in Werribee were owner-occupied compared with 65.40% in 2016.

Werribee has 29,970 properties. Over the last 5 years, Houses in Werribee have seen a 26.83% increase in median value, while Units have seen a 22.06% increase. As at 28 February 2026:

  • The median value for Houses in Werribee is $699,893 while the median value for Units is $473,517.
  • Houses have a median rent of $460 while Units have a median rent of $425.
There are currently 193 properties listed for sale, and 104 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1664 properties were sold in the past 12 months in Werribee.

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Brent Bennett
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Lynne Steinhauer
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OBrien Real Estate Werribee
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