382 Rossiter Road, Koo Wee Rup VIC 3981
382 Rossiter Road, Koo Wee Rup VIC 3981
Established house | Koo Wee Rup township | family demand | flood overlay nearby | school-zoned corridor
This is an established house on Rossiter Road, positioned within the Koo Wee Rup township where practical walkability to primary and secondary schooling, local shops, and transport is provided. That combination is most valued by young families and first-home buyers. A genuine detached-house feel is offered by the property’s traditional layout, and moderate rental yields are signalled by the evidence from similar houses in the immediate area, which also gives it reasonable investor appeal. The street is known to contain a mix of older dwellings and larger sites, so this property sits somewhere in the middle of that range. It best serves buyers who prioritise established character and township convenience over polished modern finishes.
The value picture may be shaped by local flood overlay conditions, as insurance premiums and buyer confidence might be affected at this parcel. The property’s age and internal layout will likely carry significant weight in the final price. Opportunities may be present if the land area is generous, since larger holdings on this corridor have transacted at materially higher levels. Renovation potential should be weighed against any overlay constraints by prospective buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 382 Rossiter Road, Koo Wee Rup VIC 3981
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Koo Wee Rup, an outer-metropolitan suburb, is drawing owner-occupiers seeking space and a community-focused lifestyle, with demand underpinned by expectations of boundary expansion. House prices sit at a median of $735,000, with annual growth of 10.28%, though alternative measures place the median at $765,000 and quarterly growth at 4.8%; Barry Plant’s lower median of $647,500 reflects a broader sales mix, with 72 transactions and 11.57% year-on-year sales growth. Units have grown faster, at 13.99%, to a $550,000 median. Houses sell in 37–48 days, with three-bedroom stock taking longer. Rental yields are steady, at 4.30–4.40% for houses, and weekly rents average $595, with three-bedroom properties at $570. Sales volumes remain consistent, between 62 and 72 over the past year, indicating a stable, active market.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 382A Rossiter Road sold historically at $390,000 | Property Price Band: $500K–$600K | Value Drivers: condition, land size, flood overlay status
Bedrooms
3
Bathroom
1
Parking
-
Land
527m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!