1/11 Lakeview Avenue, Rowville VIC 3178

1/11 Lakeview Avenue, Rowville VIC 3178
Modern unit in Rowville | Walk to Stud Park shops | Ducted heating & cooling | Investor or downsizer profile This property presents a competitively priced, low-maintenance housing option in a well-established suburb. Its core strength is its functional layout with quality inclusions like ducted climate control and new flooring, positioned for a downsizer seeking convenience or an investor securing a stable tenant. The walking proximity to a major shopping centre is a significant liveability and rental demand driver, making it a straightforward proposition for those targeting a specific, practical buyer or tenant profile. Proceed with caution on the unresolved data discrepancies regarding land size and car spaces, as these materially affect utility and valuation. The lack of recent comparable sales transparency requires independent verification to justify the price point. Given its leased status and estimated rental yield, this property is primarily an income-focused hold; its limited capital growth prospects suggest a strategic exit within a medium-term horizon unless personal use is intended.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Rowville presents as a robust family-focused suburb, with its market characterised by strong demand for houses, which are transacting swiftly. This demand is driven by buyers seeking spacious homes within a well-serviced environment. Recent price growth for houses has been consistently strong, while the unit market shows more moderate performance with higher rental yields. Future growth will be supported by sustained family demand, though the divergence between house and unit performance remains a key market dynamic.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

244mΒ²

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