13 Rosewall Place, Clarinda VIC 3169
13 Rosewall Place, Clarinda VIC 3169
Court location | 226m² build uses land well | Rental yield opportunity | No overlays | 1975 build needs update
The 42% site coverage on this 539m² lot gives it a practical floor plan, but the 1975 construction means thermal performance and wiring may require investment soon, costing a buyer roughly $30,000 to $50,000 in upgrades to current standards. The quiet court position in a Kingston zone with no bushfire or flood overlays reduces insurance and planning friction, making it a hold-and-renovate candidate rather than a flip. Your judgment call: buy within the lower half of the stated range to build equity through immediate improvements.
What is rare here is the building volume-226m² with four bedrooms and multiple living zones in a tight court, a combination that competes well against newer builds on smaller lots. This serves a family wanting space for a decade-plus, or an investor targeting the $700 weekly rental median from the source data. The property’s zoning for Clayton South Primary and South Oakleigh Secondary supports long-term buyer demand in the local market.
Sales data from the source indicates the 2019 purchase was at a lower market, but current estimates around $950,000 suggest modest recent growth relative to nearby suburbs. For a buyer, this implies the price is sustainable but not a bargain, so negotiate on condition allowances. Now step forward by ordering a building and pest inspection focused on the 1975 era-this will give you hard numbers for your offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Rosewall Place, Clarinda VIC 3169
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Clarinda is a well-established family suburb with a strong community feel, characterised by its predominantly established housing stock. Demand is driven by owner-occupiers seeking value in Melbourne’s southeast, attracted by the area’s multicultural character and established homes. The housing market has demonstrated robust and sustained capital growth, with properties transacting efficiently, indicating solid underlying demand. Future performance will be linked to broader metropolitan affordability pressures and the suburb’s ongoing appeal to families seeking established neighbourhoods.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
539m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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