220 Rossiter RoadKoo Wee Rup VIC 3981
Property Details for 220 Rossiter Rd, Koo Wee Rup
220 Rossiter Rd, Koo Wee Rup is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 8085m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (December 2021)
Opportunity abounds with this massive 2 acre (8123SQM) approx. property, positioned in the heart of Koo Wee Rup and zoned neighbourhood residential (NZR1), it's primed for development.
The existing home has 4 bedrooms, 2 bathrooms and multiple living areas, providing a place to live while developing the site or a rental income while you land bank for the future (subject to council approval). Rental return would be $2170 approx. per calendar month.
Don't delay, demand in this area is growing rapidly.
Property History for 220 Rossiter Rd, Koo Wee Rup, VIC 3981
- 10 Aug 2021Sold for $1,740,000
- 26 Mar 2020Listed for Rent $500 / week
- 21 Aug 2019Listed for Sale 1,550,000 - $1,650,000
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About Koo Wee Rup 3981
The size of Koo Wee Rup is approximately 57.6 square kilometres. It has 2 parks covering nearly 0.1% of total area. The population of Koo Wee Rup in 2011 was 3,079 people. By 2016 the population was 3,583 showing a population growth of 16.4% in the area during that time. The predominant age group in Koo Wee Rup is 0-9 years. Households in Koo Wee Rup are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Koo Wee Rup work in a trades occupation. In 2011, 74.2% of the homes in Koo Wee Rup were owner-occupied compared with 75.8% in 2016.
Koo Wee Rup has 2,074 properties. Over the last 5 years, Houses in Koo Wee Rup have seen a 34.19% increase in median value, while Units have seen a 32.27% increase. As at 31 October 2024:
- The median value for Houses in Koo Wee Rup is $720,246 while the median value for Units is $500,471.
- Houses have a median rent of $595 while Units have a median rent of $358.
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