SOLD
Sold on 11 May 2024 for $1,075,000

2/1096 Stud Road
Rowville VIC 3178

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 498m2
Improve this data
Share
Save

Property Details for 2/1096 Stud Rd, Rowville

Building Type
Land
Year Built
1970
Floor Size
125m2
Land Size
498m2
Local Government
Knox
Lot/Plan
2/RP5977

Last Listing description (October 2021)

If you are looking for land you are searching for with an endless array of possibilities and opportunity then look no further than 1096 Stud Road, Rowville.

Conveniently located in the service lane along Stud Road and opposite an array of local amenities including Stud Park Shopping Centre and walking distance to local Primary and Secondary schools, this is one opportunity not to be missed.

The property itself is 989sqm approximately and a regular block and boasts two dwellings of which Unit 1 is a neat two bedroom unit with 1 bathroom and single carport and carspace and can be leased out as it is for $350 - $370 per week in the current market. Unit 2, has been badly fire damaged and cannot be occupied and will need to be demolished.

The site already has a council approved permit for the development of six (6) tri level townhouses with a mix of 3,4 & 5 bedrooms and can be developed and sold off or leased out as the property is central to everything including easy access to Monash Freeway.

Whether you are looking to buy for investment or you are a developer looking for your next project, look no further as opportunities such as this are often highly sought after but seldom found.

Contracts, plans and permits available upon request.

Proudly marketed by Ray White Rowville

Show More

Property History for 2/1096 Stud Rd, Rowville, VIC 3178

A timeline of how this property has performed in the market
Last Sold
$1,075,000
11 May 2024
Listed for Rent
$375/w
23 Dec 2020
  • 11 May 2024
    Sold for $1,075,000
  • 03 Sep 2021
    Listed for Sale For Sale ($1,200,000 - $1,320,000)
  • 23 Dec 2020
    Listed for Rent $375 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 14,072 properties. Over the last 5 years, Houses in Rowville have seen a 26.41% increase in median value, while Units have seen a 12.12% increase. As at 31 October 2024:

  • The median value for Houses in Rowville is $1,102,658 while the median value for Units is $694,966.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 43 properties listed for sale, and 15 properties listed for rent in Rowville on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Rowville.

Rowville Profile Page

Suburb Insights for Rowville 3178

Visit Rowville profile page
Market Insights
Rowville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Rowville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Rowville profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED