Werribee South property could sell for $2.8 million-plus

The K Avenue property in Werribee South. Photo: PRDnationwide Werribee

A Werribee South property of more than six hectares could take the title for being Wyndham’s biggest rural property sale in the past five years.

The property, on K Avenue, features a five-bedroom house, large stables, covered wash and tie-up areas, machinery sheds, 15 tack sheds, two full-sized menages, a jumping paddock, round yard, two double paddocks and 28 single paddocks on 6.47 hectares of land.

The vendors are hoping to fetch between $2.8 million and $3 million.

PRDnationwide Werribee marketing co-ordinator Liz Smith says the property has been on the market since April 21 and attracted some interest from overseas buyers.



Ms Smith said the vendors had owned the property for about 15 years.

She said its greatest selling point was its proximity to both the National Equestrian Centre and Melbourne’s CBD.

The Real Estate Institute of Victoria (REIV) characterises the property as a hobby farm and classifies its advertisement as a rural sale rather than a residential one.

REIV figures reveal the most expensive Wyndham hobby farm under 20 hectares to date was a Werribee property that sold for more than $4.4 million in 2006.

In 2010, a hobby farm in Truganina sold for more than $3.3 million.

At least two Wyndham residential properties have hit the million-dollar mark this year – a six-bedroom, four-bathroom house on Bindowan Drive, Hoppers Crossing, that sold for $1.32 million in April, and a five-bedroom Hoppers Crossing home on Sayers Road that sold for $1.26 million.