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15 Somerset Place, Warrnambool$295,000

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15 Somerset Place

Warrnambool, VIC 3280, Australia

$295,000

807 m²

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About this property

Perfectly positioned in a highly sought-after central location, this flat vacant block presents an outstanding opportunity to build your dream home or next investment (STCA). Enjoy the convenience of being close to quality schools, key transport routes and just moments from the CBD, ensuring easy access to shopping, dining and essential services. With a level allotment offering a straightforward build and endless design possibilities, this is a rare chance to secure land in an established, well-connected neighbourhood. Whether you're a homeowner, developer or investor, this is a blank canvas in a location that continues to perform. Opportunities like this are increasingly hard to find secure your future in the heart of it all.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 807 m²
Listed: 3 months ago

Repayment calculator

$1,430/month

$715 /fortnight

Loan $236,000 at 6.10% over 30 years

Upfront costs

Deposit$59,000

Stamp duty$12,770

Conveyancing (est.)$2,000

Total upfront$73,770

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Neighbourhood

Living in Warrnambool

This land in Warrnambool, VIC 3280 sits within reach of public transport, local shops and nearby schools. It is listed 47% below the $555,000 median of 63 comparable landswithin 5 km.

Schools near Warrnambool

King's Collegecombined · Prep-12 · CoEd
Merri River Schoolcombined · U · CoEd
Merrivale Primary Schoolprimary · Prep-6 · CoEd
St Pius X Schoolprimary · Prep-6 · CoEd
Warrnambool East Primary Schoolprimary · Prep-6 · CoEd
Warrnambool Primary Schoolprimary · Prep-6 · CoEd

What's nearby

Grosvenor Rd/Daltons Rd (bus) — 273 m away
Bursons — 1.3 km away
Unnamed — 204 m away
Unnamed — 329 m away
Unnamed — 370 m away

Warrnambool at a glance

Full suburb profile

Population: 31,308
Median age: 42
Household income: $1,385/wk
Median rent: $290/wk
Median mortgage: $1,408/mo

Source: ABS Census.

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