Werribee has quietly become one of Melbourne’s most talked-about investment suburbs. It sits 32 km south-west of the CBD on the Werribee train line (about 35 minutes to the city), and it combines genuine affordability with the sort of tenant demand investors usually have to trade away to get a lower entry price. Our current research puts median rent around $510 per week with a vacancy rate near 1.5%, and five-year growth in the order of +45%.
Why investors keep choosing Werribee
- A major activity centre. Pacific Werribee shopping centre, Werribee Mercy Hospital and Victoria University’s Werribee campus give the suburb a diverse tenant base — health workers, students, families and retail staff, not just one industry.
- Established infrastructure. Werribee Open Range Zoo, the train line and the Princes Freeway make it an easy sell to tenants who work in the city or the western industrial precincts.
- Room to grow. As Melbourne’s west keeps expanding, established suburbs like Werribee capture the overflow demand that new estates create.
What your budget buys right now
We currently have five houses in Werribee priced between $675,000 and $780,000 — all four-bedroom homes, which is exactly the family configuration that rents fastest in the suburb. Several are ready to settle now, meaning no construction wait and rent from day one. One is already tenanted at $580 per week and cashflow positive from the outset.
That entry price matters: at $675k–$780k, a Werribee house costs about the same as a two-bedroom apartment in many inner-city suburbs, but you get land content, a house, and a family tenant profile.
Things to check before you buy
- Look for homes within walking distance of schools and shops — these lease fastest and hold tenants longer.
- Ask for the estimated rent in writing and compare it to the suburb median so your yield expectations are realistic.
- If the home is already tenanted, ask for the lease details and rental history before you commit.
See the current listings
We’ve published every Werribee property we currently have available, with prices, estimated rents and key details, on one page: current investment properties in Werribee.
If you’d like to talk through whether Werribee fits your strategy — or compare it against other western suburbs like Tarneit, Deanside or Cobblebank — book a strategy call with our team. It’s free, and there’s no pressure.