116 Watton Street Werribee VIC 3030

2 / 1 / - / 1291 m²

Here you can find what you need to know about 116 Watton Street , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Werribee, VIC and much more.

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116 Watton Street Estimated Value

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This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated Rent	Estimate Unavailable
Gross Cashflow	Unavailable
Estimated Gross Yield	Unavailable
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About this Property

Details

Bedrooms	2
Bathrooms	1
Car Spaces	-
Land Size	1291 m²
Floor Area	132 m²
House Type	Unit: Standard

Council Area	Wyndham
Year Built	2019
Zone	Activity Centre Zone - Schedule 1
Lot/Plan	102/PS830081 Werribee VIC
Property Type	Unit

Last listing description (September 2020)

A BOLD VISION FOR A NEW WERRIBEE
Werribee City, with its unique river and parkland setting, is becoming a major focal point in Melbourne's west for business, government, retail, recreation, arts and culture.
The redevelopment of Wyndham Park will see the creation of inviting recreation spaces, park amenities and leisure activities for all ages, further enhancing the regional significance of Werribee City.
The Werribee City Centre Structure Plan will accelerate the growth of Werribee City into the capital of Melbourne's ever-expanding western region. The strategic development of the city's natural and residential environment. Public transports assets and the adjacent Werribee Employment Precinct will create a dynamic place to work, live and play.

Watton St, RiviEre, in the heart of Werribee, is set to become an aspirational destination. A boutique development, with only 36 generously proportioned apartments and 11 retail spaces, Watton St Riviere is shaping the new Werribee CBD. Be part of a thriving urban centre set in river and parkland surrounds.

Enjoy stunning views of Werribee River and Wyndham Park surrounds from your prime hill top location. The proposed Wyndham Park Redevelopment will create an amazing range of play spaces and community recreation facilities to be enjoyed in this riverside location. Immediate access to Wyndham City's sport, recreation and community initiatives will ensure an active healthy lifestyle for everyone.

Note: All images are for illustrative purposes only. Information provided by the Developer/Builder, each prospective buyer should conduct their own review of the property.

***Please note to view this property you need to register and pre-qualify for the BuyAssist program, if you are not already registered please do so via the following link. Once you have been pre-qualified for potential deposit support, you will be contacted and referred to a property agent to arrange an inspection and find out more about the property.***

https://www.buyassistaustralia.com.au/register/

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Suburb Insights

Werribee, VIC 3030

Part of: Wyndham Council

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Werribee, VIC 3030

Part of: Wyndham Council No data available

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 2011 was 37,737 people. By 2016 the population was 40,344 showing a population growth of 6.9% in the area during that time. The predominant age group in Werribee is 20-29 years. Households in Werribee are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Werribee work in a clerical occupation. In 2011, 68.6% of the homes in Werribee were owner-occupied compared with 65.4% in 2016. (source: Australian Bureau of Statistics)

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Werribee, VIC 3030

Part of: Wyndham Council No data available

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29 km

Distance from Melbourne CBD

40k

Population

5 year population change

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Werribee for Units in last 12 months

Last 12 months in Werribee VIC 3030 View Suburb Profile

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$434K Median Value
172 Properties sold
$410pw Median Rent
5.0% Median Gross Yield
43 Average Days on Market
-5.0% Average Vendor Discount
1.2% Median Sale Price Change (1yr)

There have been 172 Units sold in Werribee in the past 12 months with a median sale price of $430K, up 1.2% annually. It takes on average 43 days to sell with vendor discounting of -5.0%.

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Natural Hazard Risk

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Risk Rating Definitions

The following Risk Ratings are generated from a mathematical model using available statistical and property data and must not be relied upon as an accurate forecast of coastal erosion risk:

Very High Risk : Risk of gradual coastal erosion reaching dwelling within 30 years and/or very high risk of significant storm surge impact.
High Risk : Risk of gradual coastal erosion reaching dwelling within 60 years and/or high risk of significant storm surge impact.
Medium Risk : Risk of gradual coastal erosion reaching dwelling within 120 years and/or medium risk of significant storm surge impact.
Low Risk : Risk of gradual coastal erosion reaching dwelling within 240 years and/or low risk of significant storm surge impact.
No Risk : Gradual coastal erosion likely to reach dwelling in more than 240 years OR no rate of retreat (stable coastline) and distance from coast and/or elevation above maximum expected storm surge height.

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