1/37-39 Rosewood Ave, Prestons is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2263m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Why You'll Love It:
Situated in a quiet pocket of Prestons on 267m2, this inviting duplex-style town house welcomes families of small to medium sizes that are looking for low maintenance, convenience, and spacious living. 1/37-39 Rosewood Avenue is an immaculately presented, safe heaven, showcasing 3 bedrooms (with built in wardrobes), 2 bathrooms & 3 toilets (Master with ensuite), a spacious backyard with side access and a large double car garage. It's warm aura and charming character provides comfortable move-in-ready double story living which includes; an updated kitchen with stone benchtops, glass splash back, breakfast bar, and gas cooking as well as brand new carpet, new lighting and tap fittings, freshly painted interiors, newly installed mirrored sliding wardrobes, and outdoor entertaining pergola space. Conveniently located at the corner of the M5 and M7 Hume Highway corridor, this opportunity allows for a leisurely trip to the city via M5-M8 in approximately 25-30 minutes. Whether you're downsizing, buying your first home or looking for a safe investment, this property has a high value location close to local schools, shops and amenities.
Featuring:
Approximate Rental Return: $650 - $700 Per Week
Strata: $600 Per Quarter
Council Rate: $372 Per Quarter
Best Suited For:
This inviting townhouse is best suited for small & medium families that are looking for the perfect opportunity to downsize, buy a spacious first home or enjoy a location with an abundance of convenience, and lifestyle choice. Its low maintenance and ready-to-move-in condition provides an unmissable investment opportunity to make a high yielding income.
The size of Prestons is approximately 9.2 square kilometres. There are 26 parks, covering nearly 5.5% of the total area. The population of Prestons in 2016 was 15313 people. By 2021 the population was 15694 showing a population growth of 2.5% in the area during that time. The predominant age group in Prestons is 10-19 years. Households in Prestons are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prestons work in a professional occupation.In 2021, 78.10% of the homes in Prestons were owner-occupied compared with 79.60% in 2016.
Prestons has 5,890 properties. Over the last 5 years, Houses in Prestons have seen a 37.35% increase in median value, while Units have seen a 55.14% increase. As at 30 June 2026:
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