25 Albert St, Rosedale is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1001m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Who will be first to see the opportunity here. At present there is a weatherboard cottage on a flat rectangular shaped piece of land which is 1001 square meters. The location is excellent as it is within a short walk to the shopping center, has parkland directly across the road and the public swimming facilities are on the next corner. The cottage is 3 bedrooms and is open plan style. Whilst some cosmetic is required the building structure is sound. There is also a garage. The beauty of this property is its flexibility. First home buyers can renovate the existing home and/or extend as the home is well positioned on the land positioned well to suit this purpose. Investors can rent the home whilst considering their future options of either subdividing the remaining land and building another home on the rear land.(STCA) Developers may decide to clear the block and build up to 3 town houses (STCA). This is a great opportunity to buy an existing structurally sound home on large land. Priced to sell in this market.
The size of Rosedale is approximately 207 square kilometres. It has 14 parks covering nearly 24.9% of total area. The population of Rosedale in 2011 was 1,599 people. By 2016 the population was 1,660 showing a population growth of 3.8% in the area during that time. The predominant age group in Rosedale is 60-69 years. Households in Rosedale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rosedale work in a trades occupation. In 2011, 77.9% of the homes in Rosedale were owner-occupied compared with 75.8% in 2016.
Rosedale has 1,155 properties. Over the last 5 years, Houses in Rosedale have seen a 79.42% increase in median value, while Units have seen a 36.95% increase. As at 31 October 2024:
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