93 Rowan StreetWangaratta VIC 3677
Property Details for 93 Rowan St, Wangaratta
93 Rowan St, Wangaratta is a 7 bedroom, 5 bathroom Unit with 5 parking spaces. The property has a land size of 1127m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (September 2026)
Rarely does an investment opportunity of this calibre become available. Comprising five well-maintained units on one title, this outstanding property offers investors the perfect combination of immediate cash flow and long-term security.
Offering a strong annual rental income of $86,389.76 and an impressive 6.17% return, this well-performing asset is ideal for investors seeking secure, consistent returns. With ongoing demand for quality accommodation in this highly desirable location, this property presents an outstanding opportunity to strengthen any investment portfolio.
Ideally positioned within walking distance to the CBD, this provides easy access to shopping, cafs, restaurants, schools, and public transport. The property is also located close to the hospital, a major local employer, ensuring ongoing appeal to healthcare professionals and a wide range of renters seeking convenience and lifestyle.
The complex consists of:
- Three one-bedroom units
- Two spacious two-bedroom units
Investment Highlights
- Five units on one title
- Each unit with it's own carport
- Combined rental return of $86,389 per annum
- Established renters already in place
- Well-maintained complex with strong presentation
- Diverse income stream from multiple dwellings, reducing vacancy risk
- Outstanding opportunity for investors seeking a high-yield, low-maintenance asset
Whether you're looking to expand your portfolio, diversify your investments, or secure a quality income-producing property in a tightly held location, this is an opportunity not to be missed. Multi-unit properties on a single title offering strong returns and proven tenancy are increasingly difficult to find, making this a smart investment for both today and the future.
Property History for 93 Rowan St, Wangaratta, VIC 3677
- 11 Sep 2026Sold
- 26 Jun 2026Listed for Sale $1,400,000
- 02 Jul 2020Sold for $800,000
Recent sales nearby
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About Wangaratta 3677
The size of Wangaratta is approximately 47.0 square kilometres. There are 55 parks, covering nearly 8.0% of the total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.
Wangaratta has 12,073 properties. Over the last 5 years, Houses in Wangaratta have seen a 37.90% increase in median value, while Units have seen a 28.35% increase. As at 31 August 2026:
- The median value for Houses in Wangaratta is $579,349 while the median value for Units is $390,255.
- Houses have a median rent of $520 while Units have a median rent of $400.
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