23 Dowling Street, Wonthaggi, VIC 3995 | Land for sale | OnTheHouse
 
FOR SALE
$485,000

23 Dowling Street
Wonthaggi VIC 3995

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 668m2
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INVESTOR OPPORTUNITY – DUAL UNIT DEVELOPMENT - PRIME GROWTH LOCATION

This is your chance to secure a high-potential development site in the heart of Wonthaggi. Set on a generous 668m2 (approx.) corner allotment, this vacant block comes with council-approved planning permit, working drawings, and endorsed plans for two separate 3-bedroom, 1-bathroom units, each with a single-car garage.
The corner positioning offers the option to design without common property (STCA), enhancing future subdivision flexibility and resale appeal.
Ideally located opposite St Joseph's Primary School and just moments from the Wonthaggi Aquatic and Sports Precinct, this property is within easy walking distance of the Wonthaggi CBD, delivering convenience for future residents and strong rental demand for investors.
Wonthaggi is earmarked as a key regional growth hub, with significant infrastructure investment and population growth driving consistent demand for quality housing. As one of South Gippsland's fastest-growing towns, Wonthaggi presents a compelling case for short- and long-term investment.
Key Features:
• Approx. 668m2 corner block with dual street frontage
• Council-approved planning permit 2 lot subdivision & 2-unit development
• Working drawings & endorsed plans included
• Option to build without common property (STCA)
• Designed for two 3-bed, 1-bath, 1-car garage homes
See MoreView Statement of Information

Property Details for 23 Dowling St, Wonthaggi

Building Type
Land
Land Size
668m2
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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of 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 4,226 properties. Over the last 5 years, Houses in Wonthaggi have seen a 27.98% increase in median value, while Units have seen a 23.51% increase. As at 30 November 2025:

  • The median value for Houses in Wonthaggi is $554,653 while the median value for Units is $430,740.
  • Houses have a median rent of $460 while Units have a median rent of $440.
There are currently 73 properties listed for sale, and 6 properties listed for rent in Wonthaggi on OnTheHouse. According to Cotality's data, 185 properties were sold in the past 12 months in Wonthaggi.

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