28 Gloucester Pl, Warragul is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1090m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Set on a generous and increasingly rare 1090 sqm allotment, this property presents a unique opportunity for homeowners, investors, or developers alike.With approved plans and permits already in place for a three-lot subdivision - and the majority of preliminary work completed - this is a true shovel-ready project primed for immediate action or future gain.Currently a comfortable family home, the residence offers three well-sized bedrooms, a central bathroom, a dedicated study, and multiple living zones including two separate living areas and an additional loungeroom - perfect for growing families or flexible living arrangements.A large 6m x 6m carport and expansive backyard further enhance the home's practicality and appeal.The subdivision has been thoughtfully designed to maximize the block's potential:- Block 1: 302sqm- Block 2: 312sqm- Block 3: 338sqmWhether you choose to renovate and enjoy the home while planning your development or take advantage of the ready-to-go subdivision immediately, the possibilities here are substantial.Previously rented out, the property also offers holding income while you plan your forthcoming opportunities.Positioned in a highly sought-after inner-town location, you'll enjoy proximity to local cafs, schools, public transport, the golf course, and the town centre - making this an attractive prospect for future buyers or tenants alike.Opportunities of this scale and readiness are increasingly hard to find. All the hard work has been done - now it's ready for its next owner to capitalise.
The size of Warragul is approximately 55.0 square kilometres. It has 43 parks covering nearly 4.4% of total area. The population of Warragul in 2016 was 15757 people. By 2021 the population was 19856 showing a population growth of 26.0% in the area during that time. The predominant age group in Warragul is 30-39 years. Households in Warragul are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Warragul work in a professional occupation.In 2021, 74.70% of the homes in Warragul were owner-occupied compared with 72.70% in 2016.
Warragul has 13,224 properties. Over the last 5 years, Houses in Warragul have seen a 28.73% increase in median value, while Units have seen a 28.00% increase. As at 31 March 2026:
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