229 Princes Highway, Werribee, VIC 3030 | Land for sale | OnTheHouse
 
FOR SALE
$2,200,000

229 Princes Highway
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1795m2
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Situated on Fantastic Block

Strategically located within a high-demand medical and educational precinct, this approximately 1,795m² site offers a range of exciting development possibilities, including:
* Child Care Centre STCA
* Medical Centre: Concept plans prepared for a single-storey facility comprising 10 consulting rooms. Double-storey options may be considered (STCA).
* Residential Development:
* 7 x 4-bedroom townhouses – Each approx. 22sq
* 9-townhouse configuration – 8 x 2-bedroom (16.5sq) + 1 x 4-bedroom (22sq)
* Education Centre: Positioned within proximity to several universities and schools, making this an ideal site for future education-focused uses.
Currently improved by a charming and well-maintained 3-bedroom residence with a study and self-contained studio, the property also features:
* Coonara fireplace, in-ground swimming pool, games room with bar
* Outdoor entertaining, sheds, 3 water tanks
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Property Details for 229 Princes Hwy, Werribee

Building Type
Land
Land Size
1795m2
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About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. There are 69 parks, covering nearly 8.1% of the 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 29,786 properties. Over the last 5 years, Houses in Werribee have seen a 22.91% increase in median value, while Units have seen a 16.36% increase. As at 31 May 2026:

  • The median value for Houses in Werribee is $697,974 while the median value for Units is $465,526.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 202 properties listed for sale, and 100 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1617 properties were sold in the past 12 months in Werribee.

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Richard Falzon
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Jake Falzon
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Wyndham Real Estate
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