9 Centre Avenue, Werribee, VIC 3030 | Property Value & History | OnTheHouse
OFF MARKET

9 Centre Avenue
Werribee VIC 3030

Bedrooms: 9
Bathrooms: 9
Car spaces: 3
Floor area: 88m2
Land area: 546m2
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Property Details for 9 Centre Ave, Werribee

9 Centre Ave, Werribee is a 9 bedroom, 9 bathroom Unit with 3 parking spaces and was built in 1950. The property has a land size of 546m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1950
Floor Size
88m2
Land Size
546m2
Local Government
Wyndham
Lot/Plan
175/LP60747

Last Listing description (August 2025)

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Are you looking for a high-yield, low-risk investment that guarantees consistent returns? Welcome to the future of property investment with Multiple-Income Property. This asset class is where smart money is now investing. Here's why:

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The rental market in Melbourne is experiencing a significant shortage, driving up demand for high-quality living spaces. Our Multiple-Income Properties cater to this demand, ensuring high occupancy rates and stable rental income. With a waiting list of tenants eager to move in, your investment remains in constant demand.

Population Growth
Melbournes population is increasing, contributing to the city's thriving rental market. This growth fuels the need for more rental properties, especially those offering premium living conditions. According to research from PropTrack, the city's typical advertised rent surged to $560 a week from $495 in March 2023, marking an increase of more than 13 per cent in just 12 months as of April 11, 2024. This trend highlights the robust rental market and the potential for continued rent increases, making Multiple-Income Property a highly lucrative investment.

High Yield Investment:

Unlock unparalleled rental income by investing in properties designed with multiple prestigious suites. Each suite offers the luxury and privacy of a ground-floor hotel-style suite with a private courtyard.

Diversified Income Stream:
Say goodbye to the instability of single-tenant properties. Our Multiple-Income Property reduces vacancy risks by diversifying your income across several quality tenants, ensuring a steady and reliable cash flow.

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Whether you start small or aim to expand, the Multiple-Income Property model is scalable to meet your growth ambitions. Invest in a proven strategy that offers limitless opportunities for portfolio growth.

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Experience stress-free investing with our comprehensive management solutions. We handle tenant placement, property maintenance, and compliance, allowing you to enjoy a substantial passive income stream.

High Demand
Capitalise on the increasing demand for premium living spaces among young professionals and urban dwellers. Our elegantly designed suites feature the luxury and privacy of a prestigious ground-floor hotel suite with a private courtyard, ensuite, and kitchenette. They ensure consistently high occupancy rates and robust rental income. With a waiting list of eager, professionally employed tenants, your investment is poised for success.

Quality and Compliance:
Rest easy knowing your investment is safeguarded by our commitment to the highest safety and quality standards. Our properties adhere to all relevant regulations, protecting your tenants and investment.

Global Inspiration, Local Excellence
We draw inspiration from successful housing models around the globe. Our Multiple-Income Property integrates best practices, innovative ideas and security to create living spaces tenants love, ensuring a high-demand product that delivers strong cash flows and sustainable returns.

Ready to Invest?
Transform your investment strategy with Multiple-Income Property. Secure your financial future with a robust, high-performing, purpose-built asset that consistently generates over $3,240 gross per week for the owner with an anticipated net rent of $120,000 before interest, allowing for budgeted expenses and any minimal vacancy periods during tenancy changeovers.

Werribee Demographic and Financial Insights
Population and Growth: Werribee has seen significant population growth due to natural increase and net overseas migration, making it a vibrant and diverse community. https://www.youtube.com/watch?v=rwa3xFdXgxM

Demographics: The area is home to a balanced mix of young families, professionals, and long-term residents, supporting a variety of local amenities and services.

Economic Stability: Werribee's robust local economy spans retail, healthcare, education, and manufacturing sectors, ensuring high occupancy rates and steady rental demand.

Housing Market: Consistent growth in property values and rental rates, driven by population growth and infrastructure development, highlights Werribee's strong investment potential.

Infrastructure and Development: Significant investments in transport, schools, and healthcare enhance residents' quality of life and attract potential tenants.

Investment Opportunity: Investing in Multiple-Income Properties in Werribee can generate $3,357 per week in rental income, ensuring consistent returns and a solid financial future. The high demand for quality living spaces ensures strong occupancy rates and robust rental income.

A Property Information Memorandum is available on request.

Invest Smart. Live Free.

Investors should conduct due diligence and consult a qualified financial advisor before making investment decisions. We make no guarantees regarding the accuracy or completeness of this information and disclaim liability for any loss arising from reliance on it. All investments carry risks, including potential loss of principal. By proceeding, you accept these risks and agree to hold us harmless from any liability.

Don't hesitate to contact our team directly for more detailed information and personalised advice.

Property History for 9 Centre Ave, Werribee, VIC 3030

A timeline of how this property has performed in the market
Last Sold
$463,000
26 Jul 2024
Listed for Rent
$290/w
10 Jun 2020
  • 26 Jul 2024
    Sold for $463,000
  • 01 Nov 2023
    Listed for Sale UNDER OFFER
  • 14 Mar 2023
    Listed for Sale SOLD - Price Withheld
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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 29,980 properties. Over the last 5 years, Houses in Werribee have seen a 26.83% increase in median value, while Units have seen a 22.06% increase. As at 28 February 2026:

  • The median value for Houses in Werribee is $699,893 while the median value for Units is $473,517.
  • Houses have a median rent of $460 while Units have a median rent of $425.
There are currently 198 properties listed for sale, and 110 properties listed for rent in Werribee on OnTheHouse. According to Cotality's data, 1661 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.