339 Rhodes St, Koongal is a 2 bedroom, 1 bathroom House and was built in 1930. The property has a land size of 736m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Positioned on a generous 736m allotment, this neat and well-maintained property offers the kind of flexibility investors are constantly searching for, combining immediate rental appeal with exciting future potential.
Featuring two bedrooms plus a study/multi-purpose room, the home provides versatile living arrangements suited to a range of tenants, while its tidy presentation means there's little to do from day one.
Outside is where the opportunity truly shines. The substantial block offers excellent side access and an abundance of usable land, creating scope for future improvements, additional infrastructure, or potential development opportunities (STCA). In a market where land is becoming increasingly valuable, securing a property with this level of flexibility is a smart long-term investment.
Whether you're looking to expand your portfolio, land bank for the future, or secure a property with growth potential beyond the existing dwelling, this is an opportunity worth exploring.
Current Rent: $2042.26 per month
Lease Until: 08/12/2026
Last Rent Increase: 09/05/2026
Features you'll appreciate:
- 736m allotment with excellent side access
- 2 bedrooms plus dedicated study/multi-purpose room
- High-set home with usable space underneath
- Spacious, fully fenced yard
- Plenty of room for a shed, pool, granny flat or future improvements (STCA)
- Functional kitchen with ample storage
- Open-plan living and dining area
- Air-conditioned living spaces and master bedroom
- Timber floors throughout with carpeted bedrooms
- Generous bathroom including toilet
- Paved outdoor entertaining area
- Internal laundry and additional storage space
- Established, low-maintenance gardens
- Strong rental appeal for investors
- Opportunity to add value over time
- Land-bank opportunity with future development potential (STCA)
Properties offering this combination of immediate income potential and future upside are becoming increasingly difficult to find. Secure your foothold today and position yourself for tomorrow. Contact Jessica or Elizabeth for access to the property campaign including the seller disclosure, building and pest inspection report and rent appraisal!
The size of Koongal is approximately 4.4 square kilometres. There are 8 parks, covering nearly 16.8% of the total area. The population of Koongal in 2016 was 4286 people. By 2021 the population was 4252 showing a population decline of 0.8% in the area during that time. The predominant age group in Koongal is 30-39 years. Households in Koongal are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Koongal work in a labourer occupation.In 2021, 61.10% of the homes in Koongal were owner-occupied compared with 59.80% in 2016.
Koongal has 2,078 properties. Over the last 5 years, Houses in Koongal have seen a 129.35% increase in median value, while Units have seen a 132.10% increase. As at 30 June 2026:
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