32 Ott St, Rangeville is a 5 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 664m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Seldom found and highly sought, this 1980's brick duplex provides an excellent scope for both property investors or owner occupies on the hunt for something with dual occupancy potential. Ready for immediate occupancy, you could choose to capitalise by renting or occupying the home immediately and make improvements later on, or renovate right away and capitalise on a very on-trend Rangeville rental market.
With a current combined rental appraisal of $450 - $470 per week, each unit boasts sizeable bedrooms plus a sunroom, open plan kitchen / living / dining and a bathroom with separate toilet. Outside, both units currently share a common outdoor area, but each is provided with a garden shed for further storage options. Through some minor renovations and improvements, there is potential to increase rental yields; with our in-house Investment Support Manager suggesting rent returns north of $550 per week.
Superbly positioned in the leafy green suburb of Rangeville, 32 Ott Street is centrally positioned and is within a stone's throw of the beautiful Waterbird Habitat, as well as schools - both public and private - and the always popular Southtown shopping precinct. Such a location further strengthens the argument that this is a truly superb real estate opportunity.
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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