Back 342 Raglan Parade
Off Market

342 Raglan Parade

Warrnambool VIC 3280

3
1
2
House
Fergus TorpyFergus Torpy, last sold this property on 21 June 2026 after 319 days on market.

Overview

Diverse Investment Opportunity!

This is a unique investment opportunity situated on the eastern side of Warrnambool on the main highway, Princes Highway. With two streams of income this property offers both a residence and commercial business. This unique corner allotment on a service road provides fantastic highway frontage and generates plenty of potential business exposure. Ripe for refurbishment and repurposing this site is ideal for everyday commuters, traveling traffic, school and horse racing goers. - 1 year lease in place with options - Corner allotment with 42m frontage onto the highway - Ideal cafe, takeaway venture - 3 bedroom residence - No competing businesses nearby - Rental yield return

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Warrnambool over the last 12 months, the estimated median property value of 342 Raglan Parade is $621k.

Median value
$621k
Estimated value range
$260k - $1.22m
Median days on market
30
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Warrnambool. 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 342 Raglan Parade

2026
Sold
Undisclosed
21 Jun 2026 by Fergus Torpy, of Ray White Warrnambool

Happy sellers in Warrnambool

83%
83% of sellers in Warrnambool reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 56 reviews in Warrnambool over the last 12 months.

Local market activity for 3 bedroom houses in Warrnambool

In the last 12 months, 251 three-bedroom houses similar to 342 Raglan Parade, have been sold.

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

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