1/9 Ruthven Street, Rosanna VIC 3084
1/9 Ruthven Street, Rosanna VIC 3084
2 bed, 1 bath, 1 car | 140 sqm on 369 sqm lot | no body corporate | big backyard | low-density Rosanna unit
A unit with 140 square metres of internal space and a 369-square-metre lot is rare in this market, and the absence of body corporate fees is a meaningful advantage for an owner-occupier. This property sits in a low-density pocket of Rosanna, configured as one of only two homes on the block, which gives it a feel closer to a small house than a standard apartment. It is best suited to a downsizer, first-home buyer, or small household who wants a low-maintenance dwelling with genuine outdoor space, near rail and suburban amenity, without the overhead of shared ownership costs.
The lack of body corporate and the large lot size may support a premium over typical two-bedroom units, but the property’s value will be influenced by how the interior presents, as no finishes or renovation history are available to confirm current condition. The 2021 sale on the same street provides a transaction marker, but market movement since then means a buyer should form their own view based on comparable stock with similar land and no body corporate, rather than relying on that single data point. Orientation and building age are unverified, and either could affect light, warmth, or long-term maintenance expectations, so a physical inspection is essential before forming a price opinion.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/9 Ruthven Street, Rosanna VIC 3084
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Rosanna is a well-established north-eastern suburb with strong infrastructure links, appealing primarily to families. Demand is driven by high household incomes and competitive auction clearance rates, indicating sustained buyer interest. Recent market conditions show a softening in median prices, particularly for units, though houses demonstrate relative stability with moderate sales volumes. Future growth is underpinned by a tight supply-demand balance, while key constraints include sensitivity to broader market conditions and a limited, though stable, rental supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
369m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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