127 Lava Street, Warrnambool, VIC 3280 | Property Value & History | OnTheHouse
 
OFF MARKET

127 Lava Street
Warrnambool VIC 3280

Bedrooms: -
Bathrooms: -
Car spaces: 40
Floor area: 2674m2
Land area: 4122m2
Improve this data
We do not have enough data to display the calculated estimate for this property.
Share
Save

Property Details for 127 Lava St, Warrnambool

Building Type
Commercial
Floor Size
2674m2
Land Size
4122m2
Local Government
Warrnambool
Lot/Plan
6/SP26354

Last Listing description (November 2025)

Colliers, in conjunction with Harris & Wood, under instructions from the mortgagee in possession, have been appointed to offer 127-145 Fairy Street and 239 Lava Street, Warrnambool For Sale.

Ideally located to the western side of the Warrnambool CBD with proximity to national retailers Target, Coles, Chemist Warehouse, Aldi and Woolworths.

The site presents the perfect opportunity for a developer, investor or owner-occupier looking to redefine this landmark property and capitalise on the size, scale and location within the CBD.

Permit-approved plans for a mixed-use development are available upon request, highlighting the council's promotion of growth in the area.

Key Features
- Commercial 1 zoning
- Total land area of 4,122m*
- Total build area of 2,832m*
- Dual street frontages to Fairy Street (78m*) and Lava Street (8.5m*)
- Plans and permits for a nine-storey, 56-room hotel and 84 serviced apartments along with 6,597m* of commercial and retail floor areas
- Re-position and value-add opportunities
- Vacant possession allowing owner occupiers to redefine this supersite
- 40 plus onsite car parks
- Located in proximity to key national tenants, roads and rail providing excellent connectivity and exposure

Warrnambool is one of Victoria's largest regional cities, located approximately 225km* from the Melbourne CBD. Warrnambool's ongoing population growth will be driven by several residential developments, such as the Northern Edge (480 lots), Wollaston Way Estate (284 lots) and Riversdale Estate (220 lots).

All parties wanting further information or to inspect the property must contact the appointed selling agents to arrange an inspection.

Colliers agents Chris Nanni on 0438 306 361 or Will Heffernan on 0400 917 179 and Harris & Wood agent Danny Harris on 0497 343 632.

*Approximately

Show More

Property History for 127 Lava St, Warrnambool, VIC 3280

A timeline of how this property has performed in the market
Last Sold
$92,858
28 May 2024
  • 01 May 2025
    Listed for Sale Contact Agent
  • 28 May 2024
    Sold for $92,858
  • 20 Feb 2020
    Listed for Sale Contact Agent
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Warrnambool 3280

The size of Warrnambool is approximately 65.1 square kilometres. It has 76 parks covering nearly 6.4% of total area. The population of Warrnambool in 2016 was 29661 people. By 2021 the population was 31308 showing a population growth of 5.6% in the area during that time. The predominant age group in Warrnambool is 60-69 years. Households in Warrnambool are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Warrnambool work in a professional occupation.In 2021, 67.10% of the homes in Warrnambool were owner-occupied compared with 63.70% in 2016.

Warrnambool has 19,813 properties. Over the last 5 years, Houses in Warrnambool have seen a 41.59% increase in median value, while Units have seen a 28.83% increase. As at 31 December 2025:

  • The median value for Houses in Warrnambool is $643,333 while the median value for Units is $414,300.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 145 properties listed for sale, and 24 properties listed for rent in Warrnambool on OnTheHouse. According to Cotality's data, 883 properties were sold in the past 12 months in Warrnambool.

Warrnambool Profile Page

Suburb Insights for Warrnambool 3280

Visit Warrnambool profile page
Market Insights
Warrnambool Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Warrnambool Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Warrnambool profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED