25 Kramer Rise, Wimbledon Heights$880,000
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25 Kramer Rise

Wimbledon Heights, VIC 3922, Australia
$880,000
4 bed 3 bath 2 car604 m²

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Listing description

About this property

In the centre of Phillip Island, a healthy walk to Cowes, Smiths beach and the track, a purpose-built, thoughtfully designed, three level residence that's ideal for multi generational living and features privacy, independence and meaningful family connection across three fully self contained, single floor residences. Purpose built and currently functioning as three self-contained residences, this rare offering includes full kitchens and generous, separate living areas, in each residence. They are stacked vertically and connected via an internal stairwell all within the property, making it ideal for families craving closeness and independence at the same time. Ground Floor - Accessible friendly Full kitchen, spacious open plan living and dining with direct garden access and its own driveway with seperate entrance. There are no stairs required once on this level making it fully accessible. Cool, quiet and private. Middle Floor - Leafy views Full kitchen, generous open plan living and dining, two good size bedrooms, family bathroom and separate laundry. Large private terrace ideal for alfresco entertaining & relaxation. This level is the hub of the property and features generous living and convenient access to both upper and lower floors. Top Floor - Full of light Full Kitchen, dining, and lounge room, great size bedroom and bathroom and there is a covered balcony with lovely rural vistas. Private, elevated, and light-filled, with sweeping outlooks and separation from the busier family spaces below. Use Opportunities: Multi Generational Holiday home Air BNB - live in one and manage 2 for additional income Bed N Breakfast - Live in and provide Bed N Breakfast from the other 2 Holiday residence with private space for nannies or carers Holiday residence for 3 families Investment property - rent the entire property Features: Three fully self-contained living quarters Privacy for each household member or generation Proximity for shared care, support, and family connection Natural light throughout and views on upper levels Outdoor spaces on every level Double car accommodation with backyard access for a boat or trailer as well as a second separate driveway Flexible layout allowing for dual-living or even triple-living To arrange a private inspection on this unique property please call Teresa on 0429 398 730

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
2
Land Area
604 m²
Listed
3 months ago

Repayment calculator

$4,266/month
$2,133 /fortnight
Loan $704,000 at 6.10% over 30 years

Upfront costs

Deposit$176,000
Stamp duty$47,870
Conveyancing (est.)$2,000
Total upfront$225,870
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Wimbledon Heights

This 4-bedroom house in Wimbledon Heights, VIC 3922 sits within reach of public transport, local amenities. It is listed 25% above the $705,000 median of 78 comparable houseswithin 5 km.

What's nearby

  • Ventnor Beach Rd/Gap Rd (bus)770 m away
  • Wimbledon Heights Reserve398 m away

Wimbledon Heights at a glance

Full suburb profile
Population
421
Median age
45
Household income
$1,196/wk
Median rent
$330/wk
Median mortgage
$1,400/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Wimbledon Heights is an established outer-western Melbourne residential suburb with moderate infill development pressure and supporting infrastructure upgrades typical of growth corridors. Activity centres are focused on local shopping precincts and school expansions rather than major mixed-use transformation. Development pipeline reflects incremental residential intensification and state-funded transport improvements rather than significant urban renewal.

Nearby projects

5

Closest

0 km

Wimbledon Heights residential subdivision

500m1km1.5km2kmWimbledon Heights residential subdivision — 0.0 kmLocal shopping precinct renewal — 0.8 kmMedium-density residential DA — 1.2 kmNearby school expansion — 1.5 kmRegional road corridor upgrade — 2.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Wimbledon Heights residential subdivision

0 km
Residential subdivisionCompleted

Master-planned residential estate with standard lot sizes and established community infrastructure in outer western Melbourne growth corridor.

0 m

Local shopping precinct renewal

0.8 km
Mixed-useProposed

Low-to-medium density retail and community services upgrade within walking distance of residential precincts.

800 m

Medium-density residential DA

1.2 km
ResidentialApproved

Low-rise townhouse or apartment development reflecting gradual densification trend in established suburbs.

1.2 km

Nearby school expansion

1.5 km
Community infrastructureApproved

Primary school capacity expansion to support growing residential population in western growth area.

1.5 km

Regional road corridor upgrade

2 km
InfrastructureUnder construction

State-funded road widening and traffic management improvements supporting outer-suburban growth corridors.

2.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Within 5km

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