23 Meibusch St, Rangeville is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 617m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Discover the perfect investment opportunity with this well-looked-after duplex located in Rangeville. Situated at 23 Meibusch Street, this tidy residence boasts a total of four bedrooms and two bathrooms split across two units. Each unit is cleverly designed with two comfortable bedrooms and a modern bathroom, creating an inviting and homely space for tenants.
The property's location is a key asset; it's directly adjacent to High Street Shopping Centre and close to the respected Rangeville State School. This adds an extra appeal for potential renters who value convenience and accessibility.
As far as investments go, this one has fantastic yield potential; Unit 1 currently brings in $380 per week until December 2023 while Unit 2 generates $360 per week until October 2024.
Featuring:
- Individually water metered
- Large backyards
- Ceiling fans
- Air conditioning
- Built in robes
- Updated rental appraisal: $425-$450 per unit
- Rangeville & Centenary Heights school catchments
- Rates: $1,918.18 per net half year
The size of Rangeville is approximately 8.2 square kilometres. It has 25 parks covering nearly 18.3% of total area. The population of Rangeville in 2016 was 8312 people. By 2021 the population was 8668 showing a population growth of 4.3% in the area during that time. The predominant age group in Rangeville is 10-19 years. Households in Rangeville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Rangeville work in a professional occupation.In 2021, 70.60% of the homes in Rangeville were owner-occupied compared with 71.80% in 2016.
Rangeville has 4,157 properties. Over the last 5 years, Houses in Rangeville have seen a 85.16% increase in median value, while Units have seen a 92.40% increase. As at 30 November 2025:
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