138 Reed Crescent, Wonthaggi, VIC 3995 | House for sale | OnTheHouse
FOR SALE

138 Reed Crescent
Wonthaggi VIC 3995

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 139m2
Land area: 450m2
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Original Wonthaggi Home Ready for Its Next Chapter!

138 Reed Crescent, Wonthaggi is an older four-bedroom home that offers genuine potential for the right buyer looking for a hands-on project or an affordable entry into the market.
Situated in a convenient street close to Wonthaggi's central township, local schools, shops, medical facilities, and everyday amenities, the home sits in an ideal location. You are also perfectly positioned to enjoy coastal living, with the pristine beaches of Cape Paterson located less than a 10-minute drive away and Inverloch just 15 minutes down the road. For commuters or weekend travelers, Melbourne is an easy drive roughly 130 km away.
The front of the house features a simple covered veranda leading into the entry hall. Inside, you will find four bedrooms located off the hallway, two of which have built-in robes. The central living and dining space forms the heart of the home, fitted with a freestanding wood heater and a split-system air conditioner.
Right off the dining area is a functional timber kitchen equipped with a gas cooker, pantry space, and standard benchtop areas. At the back of the house sits a main bathroom with a separate bath and shower, along with a dedicated laundry area and separate toilet.
Outside, the property includes a deep concrete driveway running alongside the home to a large, long detached garage. The backyard offers a flat lawn area, a clothesline, and a separate detached bungalow that could serve extra storage or workshop needs.
While the home needs work and updates throughout, it provides a solid foundation, a great coastal location, and plenty of room to renovate and make it your own.

Property Details for 138 Reed Cres, Wonthaggi

138 Reed Cres, Wonthaggi is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 450m2 and floor size of 139m2. The place is currently for sale with Ray White Wonthaggi.

Building Type
House
Floor Size
139m2
Land Size
450m2
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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. There are 24 parks, covering nearly 4.6% of the total area. The population of Wonthaggi in 2016 was 4965 people. By 2021 the population was 5215 showing a population growth of 5.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation.In 2021, 66.70% of the homes in Wonthaggi were owner-occupied compared with 62.90% in 2016.

Wonthaggi has 4,245 properties. Over the last 5 years, Houses in Wonthaggi have seen a -0.88% decrease in median value, while Units have seen a -4.10% decrease. As at 30 September 2026:

  • The median value for Houses in Wonthaggi is $587,666 while the median value for Units is $427,703.
  • Houses have a median rent of $520 while Units have a median rent of $420.
There are currently 66 properties listed for sale, and 8 properties listed for rent in Wonthaggi on OnTheHouse. According to Cotality's data, 206 properties were sold in the past 12 months in Wonthaggi.

Suburb Insights for Wonthaggi 3995

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Siaan Grinham
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Chris Wood
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Ray White Wonthaggi
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.