FOR SALE
$1,700,000 to $1,850,000

50 Murray Crescent
Rowville VIC 3178

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 2000m2
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Options Galore !! Once in a lifetime opportunity

Excellently nestled in a 'premier dress circle' position in Rowville, close to all facilities, including Stud Park and Wellington Village Shopping Centres, Schools, parks, bus, kindergartens, is this incredible property spanning 2000m2 (approx.) offering a multitude of opportunities.
Features include a very spacious five bedroom home renovate the home to its former glory and enjoy calling it your Sanctuary for many years to come.
PLANS APPROVED to subdivide the home into 1000 sq mts (approx.) blocks of land. You have an opportunity that will be hard to secure again. Build your own custom designed residence and enjoy the spacious wide street and surroundings with only minutes away from Stud Park shopping centre, local bus transport and all other amenities. Make your move swiftly and view this property, its very much the chance of a lifetime to build amongst other architecturally designed homes that are of very high standards.
You can also either sell the other allotment 1000 sq mts approx. or build an investment home and start your first project or add to the projects you have already done.
With so many options it is hard to let this one pass.
Current home is tenanted and returning $600 per week or $2607 pcm. Tenants are on a month by month lease.
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Property Details for 50 Murray Cres, Rowville

50 Murray Cres, Rowville is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2000m2. The place is currently for sale with CENTURY 21 Team .

Building Type
House
Land Size
2000m2

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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 2011 was 34,145 people. By 2016 the population was 33,689 showing a population decline of 1.3% 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 2011, 84.6% of the homes in Rowville were owner-occupied compared with 82.4% in 2016.

Rowville has 14,036 properties. Over the last 5 years, Houses in Rowville have seen a 38.90% increase in median value, while Units have seen a 19.47% increase. As at 31 July 2024:

  • The median value for Houses in Rowville is $1,114,217 while the median value for Units is $663,680.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 41 properties listed for sale, and 10 properties listed for rent in Rowville on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Rowville.

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Ritesh Saigal
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CENTURY 21 Team
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