1/1096 Stud RoadRowville VIC 3178
Property Details for 1/1096 Stud Rd, Rowville
Last Listing description (December 2018)
Buy one or perhaps buy both its up to you. If you are all about finding properties in prime locations then look no further, positioned directly opposite Stud Park Shopping Centre walking distance to primary & secondary schools, public transport at your fingertips and close to major arterials then this is the perfect opportunity for you to secure a couple of units in need of attention. Set on approximately 989m2 of prime land each unit comprises of two bedrooms, one bathroom and ample car accommodation. The potential for these properties is vast. You can renovate, occupy or re develop or perhaps even build yourself your very own apartment complex (STCA). These units are both currently leased and come complete with tenants. Unit 1 is leased till 11th August 2017 at $1473.00 PCM and Unit 2 is leased till 31st May 2017 at $1495.00 PCM. Opportunities like this are very few and far between so get in quick. So if you are looking to set up a property portfolio or even buy your first home then this is the one to start with. Good luck and happy buying!
Property History for 1/1096 Stud Rd, Rowville, VIC 3178
- 11 May 2024Sold for $1,075,000
- 21 Feb 2017Sold for $542,000
- 13 Feb 2017Listed for Sale $500,000 PLUS
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About Rowville 3178
The size of Rowville is approximately 21.7 square kilometres. It has 63 parks covering nearly 23.9% of total area. The population of Rowville in 2016 was 33672 people. By 2021 the population was 33571 showing a population decline of 0.3% in the area during that time. The predominant age group in Rowville is 50-59 years. Households in Rowville are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rowville work in a professional occupation.In 2021, 81.10% of the homes in Rowville were owner-occupied compared with 82.40% in 2016.
Rowville has 14,551 properties. Over the last 5 years, Houses in Rowville have seen a 24.72% increase in median value, while Units have seen a 12.26% increase. As at 31 March 2026:
- The median value for Houses in Rowville is $1,206,289 while the median value for Units is $754,178.
- Houses have a median rent of $680 while Units have a median rent of $625.
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