Back 7/293 Princes Hwy
Off Market

7/293 Princes Hwy

Werribee VIC 3030

1
1
1
42 m²
Unit
Last sold for $310,000
Ryan WallaceRyan Wallace, last sold this property on 30 April 2026 after 86 days on market.

Overview

High-Demand Location | Entry-Level Price Point

Located directly opposite Werribee Hospital, this well-presented one-bedroom apartment is a practical, low-risk option for first-home buyers and investors seeking strong rental demand in a proven location. With Hoppers Crossing Train Station within walking distance, easy access to the Princes Freeway, and close proximity to Victoria University and the VU Vet Clinic, the tenant appeal is clear and consistent. The two-level layout provides genuine separation between living and accommodation, with the bedroom positioned upstairs for privacy and the ground-floor living zone offering a functional, low-maintenance space for everyday living. The kitchen includes an oven, cooktop, and ample storage. The open-plan living and dining area opens to a low-maintenance outdoor space, adding usable flexibility rarely found in apartments of this type. This is a straightforward, easy-to-lease property in a location underpinned by essential services and ongoing demand. Investors can expect an estimated rental return of $350 per week, making this a sensible addition to any portfolio or a smart, affordable first step into the market. Please ensure that you bring photographic identification with you to the inspection

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
42 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Werribee over the last 12 months, the estimated median property value of 7/293 Princes Hwy is $310k.

Median value
$310k
Estimated value range
$295k - $330k
Median days on market
87
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Werribee. 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 7/293 Princes Hwy

2026
Sold
$310,000
30 Apr 2026 by Ryan Wallace, of First National Westwood
2024
Rented
Undisclosed
Leased on 23 Feb 2024 by Professionals Triwest Real Estate
2022
Rented
Undisclosed
Leased on 27 Apr 2022 by Professionals Triwest Real Estate

Happy sellers in Werribee

87%
87% of sellers in Werribee reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 178 reviews in Werribee over the last 12 months.

Local market activity for 1 bedroom units in Werribee

In the last 12 months, 6 one-bedroom units similar to 7/293 Princes Hwy, have been sold.

This represents a 133% decrease in one-bedroom units sales when compared to the previous 12 months.

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