2/430 Raglan Pde, Warrnambool is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 909m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Current owner happy to stay on and rent, making it an easy hassle-free investment choice, as you can see by its condition he would make a dream tenant, and happy to commit to a long-term lease at $240 per week. This represents an attractive 6.6% gross return, or approx 4.6% NET - after council and water rates and body corporate fees. "SET AND FORGET".
With no gardens at all to worry about, and all the outdoor space being maintained by the body corporate, this refurbished unit in convenient location is as close to zero-maintenance living or investing as you can get. A full refurbishment was done on the unit approximately 10 years ago, including new kitchen and bathroom/laundry, paint, curtains, floor coverings etc. The unit has 2 bedrooms, open plan kitchen / living area plus separate dining area.
Or would also suit holiday rental, uni students or live-in buyer. Located within walking distance to CBD and beach. It is one of 8 units, 4 of which are accessed from Denneys Street, 4 from Raglan Parade. Act quickly, sure to be snapped up!
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 19,814 properties. Over the last 5 years, Houses in Warrnambool have seen a 44.74% increase in median value, while Units have seen a 35.85% increase. As at 30 November 2025:
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