29-31 Prince Street, Rosedale, VIC 3847 | House for sale | OnTheHouse
 
FOR SALE
$650,000

29-31 Prince Street
Rosedale VIC 3847

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 2040m2
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Mixed holding with Princes Highway Frontage

Set on a generous 2,040m² (approx.) allotment in the heart of town, this substantial property centres around a vacant residential dwelling, offering immediate occupation or leasing potential with the added benefit of future development flexibility (STCA).
The house provides a rare opportunity for owner-occupiers seeking space and convenience, or investors looking to capitalise on strong land content and long-term upside. Complementing the residence is an adjoining commercial component, securely leased for a further two years, delivering valuable holding income.
Key features include:
Vacant residential dwelling – ready to occupy or lease
Large 2,040m² (approx.) landholding
Mixed residential and commercial zoning
Prominent Princes Highway frontage
Additional income from leased commercial premises (2 years remaining)
Central in-town position with excellent access and exposure
An increasingly rare offering combining a standalone residential home, substantial land size, and multiple future pathways in a tightly held, high-profile location.
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Property Details for 29-31 Prince St, Rosedale

29-31 Prince St, Rosedale is a 3 bedroom, 1 bathroom House. The property has a land size of 2040m2. The place is currently for sale with Latrobe Valley Real Estate.

Building Type
House
Land Size
2040m2
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About Rosedale 3847

The size of Rosedale is approximately 207.0 square kilometres. It has 14 parks covering nearly 24.9% of total area. The population of Rosedale in 2016 was 1654 people. By 2021 the population was 1729 showing a population growth of 4.5% in the area during that time. The predominant age group in Rosedale is 60-69 years. Households in Rosedale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosedale work in a trades occupation.In 2021, 79.40% of the homes in Rosedale were owner-occupied compared with 75.80% in 2016.

Rosedale has 1,202 properties. Over the last 5 years, Houses in Rosedale have seen a 91.32% increase in median value, while Units have seen a 43.41% increase. As at 30 November 2025:

  • The median value for Houses in Rosedale is $542,173 while the median value for Units is $324,209.
  • Houses have a median rent of $465 while Units have a median rent of $230.
There are currently 14 properties listed for sale, and no properties listed for rent in Rosedale on OnTheHouse. According to Cotality's data, 48 properties were sold in the past 12 months in Rosedale.

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Russell Chester
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Latrobe Valley Real Estate
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