48 Lava StreetWarrnambool VIC 3280
Property Details for 48 Lava St, Warrnambool
48 Lava St, Warrnambool is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 1930. The property has a land size of 818m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (June 2015)
This property speaks very much for itself. Over 800m2 of prime central positioning. Having spent generations in the family this 2 bedroom original weatherboard home now represents an amazing opportunity within the Warrnambool marketplace. Being positioned on the block perfectly the potential is limitless. Renovate the existing home and subdivide the back section for further development or sale. Demolish the property and develop the whole site with units or townhouses. Or update and expand the existing property to create something special of your very own. Walking distance from the CBD, schools, parks and everything else central Warrnambool has to offer. Being a deceased estate, the instructions are clear and the property is to be sold no later than May 13th.
Property History for 48 Lava St, Warrnambool, VIC 3280
- 13 May 2015Sold for $440,000
- 16 Apr 2015Listed for Sale AUCTION
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0About 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.
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