48-50 Chirnside Avenue, Werribee, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

48-50 Chirnside Avenue
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1820m2
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Property Details for 48-50 Chirnside Ave, Werribee

Building Type
Commercial
Land Size
1820m2
Local Government
Wyndham
Lot/Plan
1/LP76663

Last Listing description (October 2023)

UNDER OFFER!

Proposed 82 place childcare centre for lease with plans ready to be lodged

This site is close to the heart of Werribee in a built-up area, surrounded by residential subdivisions and new educational facilities, with a population boom projected over the next 20 years.
Ideally located only 600m from Princes Freeway with approx. 76,000 daily commuters.
5 schools are located within 1.9km of the site.
The site is surrounded by residential subdivisions either upcoming or under development, with a 4,000-lot housing estate only 3.8km away and a 1,500-lot estate 1.3km away
Werribee Central Shopping Precinct that surrounds Werribee Train Station is 1km from the site, home to numerous anchor tenants including Coles, Australia Post, ALDI, Officeworks & Woolworths plus restaurants, cafes, fashion retailers, medical centres and more.
Pacific Werribee Shopping Mall is a 10-minute drive away with 280+ retailers including ALDI, Big W, Chemist Warehouse, JB Hi-Fi, Kmart, Priceline, Toy World, Village Cinemas, Myer, Target and Woolworths plus a dining and entertainment precinct
The population of Wyndham will near 500,000 by the year 2040, positioning it as one of Melbourne's largest suburban centres. Already it is bigger and growing faster than Greater Geelong and is on track to be larger than Bendigo and Ballarat combined in the next 15 years.
Fast links to Melbourne CBD via the Princes/West Gate (M1) Freeway and by train
Total site area 1,825 SQM
Lease Term 10 + 10 + 10
Rent Reviews 3.5% fixed annual reviews

UNDER OFFER!

Contact Wendy Zhou 0422 011 188 to receive a detailed information memorandum and lease documentation.

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ASL Real Estate and/or their agents, for themselves and for the vendor of this property for whom they act give notice that (i) All information given in relation to this property, whether contained in this document or given orally, is given without responsibility, (ii) Intending purchasers should satisfy themselves as to the accuracy or truth of all information given by their own inspections, searches, inquiries, advices or as is otherwise necessary. (iii) No person in the employment of ASL Property Group has any authority to make or give any representation or warranty.

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Property History for 48-50 Chirnside Ave, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$1,650,000
19 Aug 2022
Listed for Rent
$280k/w
19 Oct 2023
  • 05 Jun 2023
    Listed for Rent - Price not available
  • 19 Aug 2022
    Sold for $1,650,000
  • 19 Apr 2022
    Listed for Sale $1,400,000-$1,540,000
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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 29,985 properties. Over the last 5 years, Houses in Werribee have seen a 25.40% increase in median value, while Units have seen a 18.43% increase. As at 31 March 2026:

  • The median value for Houses in Werribee is $700,589 while the median value for Units is $467,981.
  • Houses have a median rent of $460 while Units have a median rent of $420.
There are currently 199 properties listed for sale, and 117 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1642 properties were sold in the past 12 months in Werribee.

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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.