43 Edgar StreetWerribee VIC 3030
Property Details for 43 Edgar St, Werribee
43 Edgar St, Werribee is a 9 bedroom, 9 bathroom House with 9 parking spaces. The property has a land size of 843m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 9 bedroom House sold in Werribee in the last 12 months.
Last Listing description (February 2025)
This is one of those opportunities that if you are capable of jumping on, you absolutely grab with both hands.
This nine room-rooming house attracts individual tenants with its serviced apartments that are primely located close to the Werribee CBD while also being quite comfortable and well appointed to your tenants keeping them in demand. Individually, this year they will attract a weekly rent of $350 per week ($18,200 Per Annum), remembering that there is nine of them, so this years' rent is expected at $163,800 (approx.) when you run the math…you are in the region of 8-9% return on investment (approx.) which is obscenely good and just not heard of.
The residence itself comprises of 9 individual rooms where they are all fully serviced with individual ensuites, queen sized bed, flat screen televisions, split system heating and cooling and a utility bench with sink, while the ground floor apartments also benefit from individual private court yards. Food preparation and laundry utilities are available via the common kitchen and meals/dining room comprising modern appliances including dishwasher and separate laundry complete with washing machine and dryer.
Off street parking is easily available with thanks to the properties 843M2 allotment (approx.), hence with a huge rear yard for parking or even entertaining guests.
Only a few kilometres from the Werribee CBD, your tenants have very simple access to shopping, public transport including the Werribee Train Station and an array of lifestyle options entailing café's, parks, the Werribee River walking, bars and other night life.
Tenant's happy, TICK!
Photo ID required at every open inspection
Property History for 43 Edgar St, Werribee, VIC 3030
- 12 Feb 2025Sold - Price Undisclosed
- 14 Oct 2024Listed for Sale $1,400,000- $1,500,000
- 16 Aug 2016Sold for $400,000
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0About 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 29,844 properties. Over the last 5 years, Houses in Werribee have seen a 26.79% increase in median value, while Units have seen a 14.61% increase. As at 31 October 2025:
- The median value for Houses in Werribee is $674,683 while the median value for Units is $452,921.
- Houses have a median rent of $470 while Units have a median rent of $420.
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