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Back 138 Waterloo Road
Off Market

138 Waterloo Road

Trafalgar VIC 3824

3
2
1
1586 m²
House
Last sold for $615,000
Peter HeathcotePeter Heathcote, last sold this property on 16 November 2025 after 71 days on market.

Overview

PROMINENT INVESTMENT OPPORTUNITY

Seize the opportunity to either add this investment property to your portfolio or get yourself into the market with this unique property. Situated on the northern side of town, this corner allotment of 1586m2 has Industrial 1 zoning and invites buyers with vision to operate as is currently or as an ideal site for future development (S.T.C.A.). The property currently offers a three-bedroom vinyl clad home on the front section of the block and at the rear section a fully enclosed yard with cyclone fencing. This area contains a medium sized shed with concrete flooring & power on separate meter and tank water system, that is set up as a workshop with amenities plus a secure portable office. Located on a prime corner position that allows for prominent exposure and easy access to M1 freeway and all town facilities, giving enormous potential to those that either currently operate a business or those seeking to establish a work from home base with space to grow. The house on the property and is currently in lease with long term tenants. • Features include 3 bedrooms, two bathrooms, one living. • Low maintenance Vinyl Clad home on large allotment • Separate secure rear yard with shedding & portable office setup • Large 1586m2 approx. level allotment • Great proximity to freeway & town facilities • Current in lease to long-term tenants • Approx. 5% returns previously on investment

Features

3 bedrooms
2 bathrooms
1 carspace
1 carport space
1586 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Trafalgar over the last 12 months, the estimated median property value of 138 Waterloo Road is $592.5k.

Median value
$592.5k
Estimated value range
$396k - $770k
Median days on market
66
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Trafalgar. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 138 Waterloo Road

2025
Sold
$615,000
16 Nov 2025 by Peter Heathcote, of John Kerr Real Estate - Trafalgar

Happy sellers in Trafalgar

88%
88% of sellers in Trafalgar reported that their sale price either exceeded or met their price expectations.

Trafalgar stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Trafalgar over the last 12 months.

Local market activity for 3 bedroom houses in Trafalgar

In the last 12 months, 39 three-bedroom houses similar to 138 Waterloo Road, have been sold.

This represents a 5% decrease in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Trafalgar

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James Maslen

James Maslen is a recommended agent for Trafalgar.  They have 18 local sales and collected 18 local reviews across the last 12 months.

  •   4.9   (26 reviews)
  •  18 Reviews in Trafalgar
  •  18 Sales in Trafalgar
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Peter Heathcote

Sellers who recommend Peter Heathcote have praised them for being local expert, clear communication, responsive, supportive, honest, friendly and reliable

  •   4.8   (111 reviews)
  •  18 Reviews in Trafalgar
  •  15 Sales in Trafalgar
View profile
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Shari Le Mercier

Shari Le Mercier is a recommended agent for Trafalgar.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  3 Reviews in Trafalgar
  •  2 Sales in Trafalgar
View profile
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Vince Di Grazia

Sellers who recommend Vince Di Grazia have praised them for being clear communication, local expert, reliable, responsive, honest, supportive and stress-free process

  •   4.8   (109 reviews)
  •  2 Reviews in Trafalgar
  •  4 Sales in Trafalgar
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