1/93 Riverside Avenue, Werribee, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

1/93 Riverside Avenue
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 205m2
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Property Details for 1/93 Riverside Ave, Werribee

Building Type
Commercial
Land Size
205m2
Local Government
Wyndham
Lot/Plan
4/PS722552

Last Listing description (March 2021)

Located in Werribee's popular industrial zone Concorde Business Park!

Securely leased providing a solid income of up to 5.6%* plus capital growth.

Designed by architects and located in the growing centre of Werribee, these warehouses suit a wide range of business activities and personal needs.

The warehouses are sensibly sized at approximately 200m2 making them an ideal solution for investors and owner occupiers, currently leased to quality mixed business tenants.

With secure and simple accessibility and essential amenities comprising:
front reception area kitchenette
Unisex bathroom (disabled compliant)
high bay lighting
Suitable for container access
mezzanine office/boardroom
3 designated car parking spaces
secure common areas
easy access to the M1 freeway
Warehouse 1 and Warehouse 4 have approximately 25 & 20m2 additional external space!

Warehouse 1 $489,000
Warehouse 2 SOLD
Warehouse 3 $475,000
Warehouse 4 $489,000

Property History for 1/93 Riverside Ave, Werribee, VIC 3030

A timeline of how this property has performed in the market
Listed for Rent
$37/w
20 Mar 2018
  • 02 Jul 2019
    Listed for Sale Contact Agent
  • 14 Feb 2019
    Listed for Sale $479,000
  • 12 Jan 2018
    Listed for Rent $23,340 / year
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About Werribee 3030

The size of Werribee is approximately 42.7 square kilometres. It has 69 parks covering nearly 8.1% of total area. The population of Werribee in 2016 was 40345 people. By 2021 the population was 50027 showing a population growth of 24.0% in the area during that time. The predominant age group in Werribee is 30-39 years. Households in Werribee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Werribee work in a professional occupation.In 2021, 63.80% of the homes in Werribee were owner-occupied compared with 65.40% in 2016.

Werribee has 29,878 properties. Over the last 5 years, Houses in Werribee have seen a 29.16% increase in median value, while Units have seen a 20.12% increase. As at 31 December 2025:

  • The median value for Houses in Werribee is $695,128 while the median value for Units is $470,297.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 166 properties listed for sale, and 130 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1706 properties were sold in the past 12 months in Werribee.

Suburb Insights for Werribee 3030

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Cotality Copyright and Legal Disclaimers about Property Data
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.