88 Powlett St, Werribee VIC (SMSF)

“Werribee SMSF Investment – Turnkey 3-Bedroom Home in Melbourne’s Established Western Corridor”

Property analysis by:

Investment Highlights

• SMSF-compliant turnkey property positioned in Werribee, one of Melbourne’s most established and in-demand western suburbs.
• Modern 3-bedroom, 2-bathroom home offering strong rental stability and metropolitan growth potential.
• Single-contract turnkey package ideal for SMSF investors seeking a straightforward, cashflow-consistent asset.
• Strategically located near Werribee Train Station, Pacific Werribee Shopping Centre, and major employment zones.
• Excellent infrastructure connectivity, including Princes Highway, the M1 Freeway, and Wyndham Harbour Precinct.
• Low 1.3% vacancy rate and consistent 4.3% 10-year average capital growth provide reliable long-term performance.

Key Financials

Purchase price: $641,000 (Land + Build)
Configuration: 3 Bedrooms | 2 Bathrooms | 1 Car Garage
Rental appraisal: $505 per week (~$25,918.62 p.a.)
Gross yield: 4.0%
Vacancy rate: 1.3%

Location & Growth Drivers

Werribee sits within the thriving City of Wyndham, approximately 30 km south-west of Melbourne’s CBD. It continues to benefit from ongoing infrastructure investment, affordable entry pricing, and steady population growth. With direct access to major roadways and rail networks, Werribee is a key residential and employment hub for professionals and families alike.

The suburb’s strong fundamentals — including the Werribee Employment Precinct, Werribee Mercy Hospital, and the Princes Highway corridor — drive continuous rental demand and long-term capital growth. Its consistent market performance and extremely low vacancy rate make it one of Victoria’s most resilient metropolitan investment locations.

Build Specification (Turnkey)

• Full turnkey inclusions – fencing, driveway, blinds, letterbox, and landscaping included.
• Modern open-plan design optimised for family living and tenant appeal.
• Stone benchtops in kitchen and bathrooms with soft-close cabinetry and tiled wet areas.
• Stainless-steel appliances including oven, cooktop, rangehood, and dishwasher.
• Split-system air-conditioning and gas ducted heating for year-round comfort.
• LED downlights, quality floor coverings, and roller blinds throughout.
• Energy-efficient 6-Star rated build with solar hot water and water-saving fixtures.
• Comprehensive builder warranty and quality assurance checks at completion.