5 Riverside Avenue, Werribee, VIC 3030 | Property Value & History | OnTheHouse
 
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5 Riverside Avenue
Werribee VIC 3030

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 398m2
Land area: 1190m2
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Property Details for 5 Riverside Ave, Werribee

Building Type
Commercial
Year Built
2001
Floor Size
398m2
Land Size
1190m2
Local Government
Wyndham
Lot/Plan
3/SP21771

Last Listing description (October 2019)

Having been successfully trading for over 35 years the time is now to take advantage of this extremely rare opportunity to secure this well-known building perfectly placed in the heart of Werribees industrial precinct.

This large warehouse fronting Riverside Avenue, Werribee is no doubt the ultimate location for any business or long-term investment.


- Zoning: Industrial 3
- 720m2* floor space
- Over 1,000m2* land
- 2 external roller doors
- Potential for 15* onsite car parks
- Large mezzanine

The potential is endless whether owner occupying or looking for a long-term investment.

Other great features include:
- 3 phase power
- 2 separate toilets
- Over 100* solar panels
- Option to purchase a True Flow Down Draft Spray Booth (too be sold separately)

Contact our office today to find out more and to arrange your inspection.

(*approximately)

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Property History for 5 Riverside Ave, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$990,000
07 Oct 2019
  • 07 Oct 2019
    Sold for $990,000
  • 23 Sep 2019
    Listed for Sale Contact Agent
  • 01 May 2018
    Listed for Rent $26,000 / month
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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 167 properties listed for sale, and 127 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1703 properties were sold in the past 12 months in Werribee.

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