Back 5 Wallace Avenue
Off Market

5 Wallace Avenue

Warrnambool VIC 3280

2
1
1
House
Last sold for $425,500
Tessa StephensTessa Stephens, last sold this property on 31 October 2025 after 23 days on market.

Overview

Charming Cottage With Endless Potential

Welcome to 5 Wallace Avenue, a delightful two bedroom cottage brimming with charm and opportunity. Perfect for first home buyers, renovators or savvy investors, this home offers the chance to create something truly special. Situated in a quite cul de sac - enjoy a quiet lifestyle. Set on a manageable 531sqm block, the cottage features a functional floorplan with two bedrooms, a central living area and classic cottage charm throughout. The home includes updated laundry and bathroom for ease and convenience. With solid bones and scope to update, extend or modernise, this property is a canvas ready for your vision. Side access on either side of the property too! Single lock up garage or storage space. Conveniently located close to Northpoint shopping complex, primary and secondary schools, childcare and amenities like Aquazone aquatic centre, you'll enjoy both lifestyle and potential growth, with the ability to walk and enjoy Russells Creek Walking trails on your doorstep! Whether you are looking to move in and make improvements over time, or undertake a renovation project from the start, 5 Wallace Avenue is full of promise.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Warrnambool over the last 12 months, the estimated median property value of 5 Wallace Avenue is $490k.

Median value
$490k
Estimated value range
$255.5k - $890k
Median days on market
27
Estimated value trend
8%
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 5 Wallace Avenue

2025
Sold
$425,500
Auction Sale on 31 Oct 2025 by Tessa Stephens, of Ray White Warrnambool

Happy sellers in Warrnambool

81%
81% 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 63 reviews in Warrnambool over the last 12 months.

Local market activity for 2 bedroom houses in Warrnambool

In the last 12 months, 60 two-bedroom houses similar to 5 Wallace Avenue, have been sold.

This represents a 26% increase in two-bedroom houses sales when compared to the previous 12 months.

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