16 Banyan St, Warrnambool is a 6 bedroom, 2 bathroom House with 1 parking spaces. The property has a floor size of 646m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 6 bedroom House sold in Warrnambool in the last 12 months.
Positioned at the sought after southern end of Banyan Street, this property is perfectly placed with easy access to the beach, Lake Pertobe and Warrnambool's vibrant CBD.
Thoughtfully designed, the property is currently configured as two self-contained three bedroom units, each with its own kitchen and bathroom with disability access, offering stylish design, spacious living and exceptional versatility.
Dual Income Investment - Each unit is currently rented at $500 per week, providing a combined $1,000 per week rental return.
Spacious Family Home - Convert into a 6 bedroom, 2 kitchen residence on a 646m² block with a generous yard.
With the option to convert to commercial zoning, the property offers an added layer of value and future growth potential.
Whether you're looking to add to your investment portfolio or create a large family home in the heart of town, this is an opportunity not to be missed.
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 19,819 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.19% increase in median value, while Units have seen a 37.43% increase. As at 28 February 2026:
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