Back 5 Margaret Street
Off Market

5 Margaret Street

Berwick VIC 3806

3
1
2
792 m²
House
Last sold for $1,061,000
Luke WoodhamLuke Woodham, last sold this property on 20 August 2025 after 33 days on market.

Overview

The Brief: Buy now and start building tomorrow!

Its Addressed: Superbly positioned in one of Berwick’s most sought-after pockets, this solid 3-bedroom brick-veneer home on a generous 792m² (approx.) block presents a rare opportunity for homeowners, investors, and developers alike. The property comes complete with approved plans and permits for four architecturally designed double-storey townhouses, each thoughtfully configured to maximise space, comfort and modern living: Townhouse 1: 4 bedrooms, 3 bathrooms, single car garage Townhouse 2: 4 bedrooms, 2 bathrooms, double car garage Townhouse 3: 3 bedrooms, 2 bathrooms, double car garage Townhouse 4: 3 bedrooms, 2 bathrooms, double car garage Strategically located within the Berwick Health and Education / Berwick Village Structure Plan, the site offers a wide range of potential future uses (STCA), including: Multi-level residential apartments Medical or aged care facilities Childcare centre Food & beverage outlets The existing home offers a functional layout with: - Spacious living room - Three generous bedrooms - Central bathroom and separate laundry - Functional kitchen - Expansive, secure backyard ideal for families or pets - Lock-up garage plus additional off-street parking via a widened concrete driveway - Monthly Rental income of $1,955 Enjoy all the benefits of being moments from prestigious schools, High Street’s vibrant cafés and shops, public transport, and easy freeway access. This is an unmissable opportunity to secure a high-potential property in the heart of Berwick – live in, lease out, or unlock its full development potential. For more Real Estate in Berwick contact your Area Specialist. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
792 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Berwick over the last 12 months, the estimated median property value of 5 Margaret Street is $800k.

Median value
$800k
Estimated value range
$600k - $1.48m
Median days on market
24
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Berwick. 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 5 Margaret Street

2025
Sold
$1,061,000
20 Aug 2025 by Luke Woodham, of Area Specialist - VIC
2024
Rented
Undisclosed
Leased on 20 Nov 2024 by Alex Scott & Staff - Berwick
2023
Rented
Undisclosed
Leased on 01 Oct 2023 by Alex Scott & Staff - Berwick

Happy sellers in Berwick

79%
79% of sellers in Berwick reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 131 reviews in Berwick over the last 12 months.

Local market activity for 3 bedroom houses in Berwick

In the last 12 months, 249 three-bedroom houses similar to 5 Margaret Street, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

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