House with views … to a small fortune

A Werribee South property with a price tag between $2.2 million and $2.4 million could become Wyndham’s biggest residential sale this year when it goes under the hammer next month.

The new double-storey house on Starboard Way is on a 529-square-metre block and one of only a handful of properties positioned on the bay frontage in Wyndham Harbour with uninterrupted views of Port Phillip Heads and the Melbourne city skyline.

It has four bedrooms, four bathrooms, a theatre room, gym with separate steam room, a terrace on both levels, CCTV and alarm system.

Greg Hocking Lawson Partners Werribee director David Lawson said the property, which went on the market last week, was difficult “to put a specific price on”.

“It’s such a unique property. There’s not much land available along the waterfront and it’s probably some of the closest freehold land to the bay that’s available.”

Mr Lawson said land along Wyndham Harbour was selling for more than $1 million, and he predicted property values would skyrocket as Wyndham Harbour continued to develop.

“The people who get into Wyndham Harbour now are certainly pioneers, with the marina and all the development that’s going on,” he said. “Those who can see what it’s going to be will be the ones winning out in the long-run.”

The Wyndham property market has enjoyed a stellar year, with multiple homes breaking the $1 million dollar mark. Last month, a four-bedroom split-level Sanctuary Lakes property sold for $2.1 million to become the most expensive residential property sold in Point Cook.

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