Lot 253 - Serenity Rise - Warragul
Warragul, Shire of Baw Baw, VIC, 3820$ 789,900
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 210
Details
Updated on Aug 05, 2026
| Property Type: | House and Land |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 789,900 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 600 |
| Gross Per Annum: | $ 31,200 |
| Gross Yield: | 3.95% |
| Capital Growth 12 Months: | 8.87% |
| 10Yr Annualised Growth: | 7.71% |
| Vacancy Rate: | 0.02% |
| Property Size: | 210 m2 |
| Land Area: | 648 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 33628 |
| SKU: | 1001 |
| Sold: |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Warragul is a regional town in the West Gippsland area of Victoria, located about 100 km east of Melbourne. It is one of the main service centres for the Gippsland region and has become increasingly popular with families, professionals, and retirees seeking a more affordable lifestyle while still maintaining access to Melbourne. The town has a mix of established neighbourhoods and newer residential estates, giving it both a country-town atmosphere and modern suburban conveniences. Warragul’s postcode is 3820.
Warragul offers a wide range of local amenities including supermarkets, medical centres, a hospital, pharmacies, fitness facilities, parks, sporting clubs, and community services. The town centre contains cafés, restaurants, banks, and specialty retailers, while larger shopping needs are met through shopping precincts such as Warragul Centrepoint and surrounding retail areas. Residents generally find that most everyday services can be accessed within a short drive.
Education is a strong feature of the suburb, with several government and private schools available, including primary and secondary options such as Warragul Primary School, Warragul Regional College, St Joseph’s Primary School, and Marist-Sion College. Early childhood centres and vocational education services are also available in the wider Gippsland region, making the area attractive for families with children.
Transport connections are one of Warragul’s major advantages. The town is located on the Princes Freeway, providing a direct road link to Melbourne and other Gippsland towns. Warragul railway station is served by V/Line trains on the Gippsland line, offering regular services to Melbourne’s Southern Cross Station and making commuting possible for some residents. Local bus services connect surrounding neighbourhoods and nearby towns.
Address
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Lot S1236 Lily Drive, Wallan VIC
Mitchell, VIC, 3756ENQUIRE ABOUT THIS PROPERTY
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Investment property news
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract