2 Lapis Street, Koo Wee Rup, VIC 3981 | House for sale | OnTheHouse
 
FOR SALE
$650,000 - $715,000

2 Lapis Street
Koo Wee Rup VIC 3981

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 488m2
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Investor Opportunity with Strong Rental Return

Established investment opportunity with quality renters in place and a secure rental return of $570.00 per week.
Positioned in a well-established pocket of Koo Wee Rup, this well-presented property offers a fantastic opportunity for investors seeking immediate rental income and long-term growth potential. Overlooking Amber Lane Reserve, the home enjoys a desirable location close to schools, shops, and everyday amenities. With a practical floorplan, comfortable living spaces, and an established tenancy in place, this is a ready-made investment in a highly sought-after area. Combined with Koo Wee Rup's extremely low vacancy rate of approximately 0.5%, this property represents an outstanding investment opportunity with strong rental demand and excellent long-term prospects.
Inside, the home features separate living and dining areas, providing flexibility for both everyday living and entertaining. The kitchen is well-equipped with a semi walk-in pantry, laminate benchtops, and a gas cooktop, offering functionality and ample storage.
Showcasing three well-sized bedrooms, including a master bedroom complete with a walk-in robe, private ensuite, and its own split system for added comfort. The remaining bedrooms are fitted with built-in robes and ceiling fans and are serviced by a central bathroom.
Additional features include gas ducted heating throughout, ensuring warmth during the cooler months. The home also offers a separate laundry with external access, along with a double garage providing both internal and external access for added convenience.
Located close to Koo Wee Rup Primary School, local shops, and essential amenities, this property delivers a lifestyle of ease in a growing community.
With renters already in place and immediate income from settlement, this property offers a ready-made addition to your investment portfolio.
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Property Details for 2 Lapis St, Koo Wee Rup

2 Lapis St, Koo Wee Rup is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 488m2. The place is currently for sale with Stockdale & Leggo Pakenham.

Building Type
House
Land Size
488m2
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About Koo Wee Rup 3981

The size of Koo Wee Rup is approximately 57.6 square kilometres. There are 2 parks, covering nearly 0.1% of the total area. The population of Koo Wee Rup in 2016 was 3579 people. By 2021 the population was 4047 showing a population growth of 13.1% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation.In 2021, 78.80% of the homes in Koo Wee Rup were owner-occupied compared with 75.80% in 2016.

Koo Wee Rup has 2,112 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 22.43% increase in median value, while Units have seen a 28.67% increase. As at 30 April 2026:

  • The median value for Houses in Koo Wee Rup is $768,096 while the median value for Units is $525,487.
  • Houses have a median rent of $580 while Units have a median rent of $356.
There are currently 28 properties listed for sale, and no properties listed for rent in Koo wee rup on OnTheHouse. According to Cotality's data, 94 properties were sold in the past 12 months in Koo wee rup.

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Donna Scherp
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Stockdale & Leggo Pakenham
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