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Sold on 11 May 2024 - Price Unavailable

1096 Stud Road
Rowville VIC 3178

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Bathrooms: -
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Land area: 990m2
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Property Details for 1096 Stud Rd, Rowville

Building Type
Land
Land Size
990m2
Local Government
Knox
Lot/Plan
1/RP5977

Last Listing description (May 2024)

This is a blank slate for any investor or first-home builders. With some minor knockdowns, this block can be subdivided many times over (STCA). Situated in a prime location opposite Stud Park and with bus stops out the front, there isn't a better location than this. The M1 and M3 are only minutes away for longer commutes, and Stud Road provides direct access into Dandenong CBD.

The land is a level block and already has a laid concrete driveway for easy access. Make this 990 square meter block of land a beautiful oasis or a haven for many loving families.
You have the option to buy it with pre-approved plans and permits or buy a block separately without plans and permits.

This land also comes with pre-approved plans and permits for six units. There is a mixture of double storey and triple storey units, some with kitchen meals and family on ground level and others on third level. Bedrooms range from 2-4 bedrooms all fitted with a small courtyard, balcony and spacious layout. These plans also include landscaping plans and abide by the sustainable design assessment. Your dream development is closer than you think.

Features:
• 990 sqm block
• Previously been subdivided into 395 and 498 sqm blocks plus driveway
• Flat block no excavation needed
• Subdivision STCA with plans
• Plans abide by the sustainable design assessment.
• Plans also abide within the Waste Management Plan
• Great location
• Concrete driveway already in place.

Location:
Primely located opposite Stud Park Shopping Center, with Caribbean Gardens, M3, M1 and Westfield Knox only moments away. Education is also easy to access with Rowville Secondary, St Simons Primary School and Park Ridge Primary all close by. Attractions in the area include, Churchill-Waverley Golf Course, Kingston Links Golf Course, and Churchill National Park.

On Site Auction Saturday 11th of May at 3:30pm

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Property History for 1096 Stud Rd, Rowville, VIC 3178

A timeline of how this property has performed in the market
Last Sold
11 May 2024
  • 11 May 2024
    Sold for $1,075,000
  • 24 Apr 2024
    Listed for Sale Auction ($1,100,000 - $1,200,000)
  • 09 Jan 2023
    Listed for Sale Contact Agent
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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 14,071 properties. Over the last 5 years, Houses in Rowville have seen a 30.35% increase in median value, while Units have seen a 17.94% increase. As at 30 September 2024:

  • The median value for Houses in Rowville is $1,105,748 while the median value for Units is $711,227.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 41 properties listed for sale, and 14 properties listed for rent in Rowville on OnTheHouse. According to CoreLogic's data, 430 properties were sold in the past 12 months in Rowville.

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