37a Diosma St, Rangeway is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 771m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Rangeway in the last 12 months.
UNDER OFFERThis duplex pair presents a rare investment opportunity in a high-demand location, offering strong rental returns of over 6% gross. Each residence features three well-sized bedrooms, a functional bathroom, and a spacious layout designed for comfortable living. Set on a generous block, both properties boast large backyards and spacious front yards, providing ample outdoor space for families, entertaining, or potential value-adding improvements. Positioned in a sought-after investment area, this duplex benefits from strong rental demand, low vacancy rates, and future growth potential. Whether you're looking to expand your portfolio or secure a home with additional income, this is an unmissable opportunity.With dual income streams this property delivers immediate returns and long-term security. Contact Team Alby on 0499 015 552 for more information or to make an offer.
The size of Rangeway is approximately 1.8 square kilometres. It has 6 parks covering nearly 4.2% of total area. The population of Rangeway in 2011 was 2,260 people. By 2016 the population was 1,886 showing a population decline of 16.5% in the area during that time. The predominant age group in Rangeway is 0-9 years. Households in Rangeway are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rangeway work in a labourer occupation. In 2011, 54.6% of the homes in Rangeway were owner-occupied compared with 60.3% in 2016.
Rangeway has 990 properties. Over the last 5 years, Houses in Rangeway have seen a 211.43% increase in median value, while Units have seen a 103.32% increase. As at 28 February 2025:
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Population 1,886
0-9
17%
10-19
14%
20-29
12%
30-39
12%
40-49
13%
50-59
14%
60-69
9%
70-79
7%
80-89
2%