26 Rosella Street, Murrumbeena VIC 3163

26 Rosella Street, Murrumbeena VIC 3163
renovated period house on 605mยฒ | art deco character retained | low density in medium-density suburb | moderate yield at high land value This property occupies a rare position in Murrumbeena as a freestanding period house on a generous 605mยฒ block, where newer townhouses and apartments have become common near transport corridors. The renovated art deco interior with original features and covered patio offers immediate liveability while retaining the character that attracts owner-occupier families seeking land content and school access. Its configuration of three bedrooms, one bathroom, and two car spaces suits value-sensitive upsizers moving from smaller stock, and the absence of bushfire, flood, or heritage overlays reduces regulatory complexity for future changes. The low gross yield near 2.2 to 2.4 percent reflects the high land value typical of larger detached houses in this suburb, meaning the price is driven more by land scarcity than rental return. No verified orientation or aspect data is available, which may affect sunlight assessment for rear gardens or future extensions. The single bathroom and period-era construction may require ongoing maintenance that newer builds avoid, and the nearby apartment development signals medium-density context that could influence street character over time.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 26 Rosella Street, Murrumbeena VIC 3163
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Market Insight:

Murrumbeena is a well-established, family-oriented suburb offering strong transport links and urban renewal. Demand is primarily driven by young families and owner-occupiers, attracted by its character and connectivity. The housing market has demonstrated relative stability, while the unit sector has faced recent headwinds. Future growth is underpinned by ongoing infrastructure improvements, though affordability and supply dynamics in the unit market present key considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

605mยฒ

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