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51 Billson Street, Wonthaggi$575,000

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51 Billson Street

Wonthaggi, VIC 3995, Australia

$550,000 – $600,000

3 bed 1 bath 1 car1130 m²

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About this property

An exceptional opportunity to secure a generous 1130m² (approx) allotment offering an existing 3-bedroom cottage plus the scope to build an additional 2 units at the rear (STCA). Key Features: Charming 3-Bedroom Cottage Open-plan kitchen, dining & living area Central bathroom Split-system air conditioning Outdoor entertaining area Development Potential Substantial 1130m² landholding Previously held plans & permits for 2 x 2-bedroom units Rear access to large open space Prime Location Less than 1km to Wonthaggi CBD Close to schools, reserves & amenities This property offers the best of both worlds a comfortable home ready to enjoy now, with the exciting potential for future development. For further details or to arrange your private inspection, contact John on 0413 565 408.

Property Details

Property Type: house
Listing Type: For Sale
Bedrooms: 3
Bathrooms: 1
Parking: 1
Land Area: 1130 m²
Listed: 3 months ago

Repayment calculator

$2,788/month

$1,394 /fortnight

Loan $460,000 at 6.10% over 30 years

Upfront costs

Deposit$115,000

Stamp duty$29,570

Conveyancing (est.)$2,000

Total upfront$146,570

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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 Wonthaggi

This 3-bedroom house in Wonthaggi, VIC 3995 sits within reach of public transport, local shops and nearby schools. It is listed 13% above the $510,000 median of 65 comparable houseswithin 5 km.

Schools near Wonthaggi

Bass Coast Specialist Schoolcombined · U · CoEd
Wonthaggi North Primary Schoolprimary · Prep-6 · CoEd
Wonthaggi Primary Schoolprimary · Prep-6 · CoEd
Bass Coast Collegesecondary · 7-12 · CoEd
Village High School - Watt Stsecondary

What's nearby

Cape Paterson Rd/Merrin Cres (bus) — 272 m away
Parry's Jewellery and Watches — 1.0 km away
Unnamed — 50 m away
Soldiers Reserve — 727 m away
Wishart Reserve — 851 m away

Wonthaggi at a glance

Full suburb profile

Population: 5,215
Median age: 55
Household income: $852/wk
Median rent: $270/wk
Median mortgage: $1,198/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Wonthaggi is experiencing modest development activity centred on town centre renewal and small-scale residential infill, reflecting its role as a South Gippsland regional centre. Development is typically conservative in pace, focused on heritage-sensitive townscape improvement, adaptive reuse of industrial heritage, and incremental residential growth rather than major multi-story development. Infrastructure investment (road upgrades, utilities) continues to support population growth in the broader shire.

Nearby projects

Closest

0 km

Wonthaggi Town Centre Revitalisation

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

Wonthaggi Town Centre Revitalisation

0 km

Mixed-use urban renewalProposed

Council-led townscape and heritage precinct upgrade focusing on McLeod Street retail and public realm improvements.

2025-2026

0 m

Residential infill - Campbell Street precinct

0.8 km

Residential subdivisionApproved

Small-scale residential infill on local government land targeting 15-20 dwelling lots for the regional market.

800 m

Wonthaggi Power Station heritage precinct

1.2 km

Heritage/tourism mixed-useProposed

Adaptive reuse and interpretation of former power station site with potential tourism, retail and community space components.

1.2 km

South Gippsland Highway upgrades

2 km

InfrastructureUnder construction

Regional road safety and capacity improvements as part of Gippsland transport corridor investment.

2024-2025

2.0 km

Residential estates - outer precincts

3.5 km

Residential subdivisionApproved

Greenfield residential estates on the fringe targeting families seeking affordable regional housing.

3.5 km

Source: StMate AI — VIC development trends07/06/2026

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.

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