8 Centalla Green, Rowville VIC 3178
8 Centalla Green, Rowville VIC 3178
This property is a 4-bedroom house with 1 bathroom and 5 car spaces, situated on an approximate 901m² lot with an internal building area of around 116 square metres.
What is competitively strong about this property is its substantial land holding, which is notably generous for the suburb and offers rare potential for future redevelopment or subdivision, subject to council approval. The configuration as a four-bedroom house on a large block positions it well for families seeking space and for investors looking at land value growth. Its positioning within Rowville provides a suburban lifestyle with access to local schools and parks, making it a solid choice for owner-occupiers who value room to expand or renovate. The property’s rarity in land size within its immediate area strengthens its appeal to buyers focused on long-term capital appreciation.
Several factors may materially affect the property’s value or sale price. The inconsistent data regarding bedroom and car space counts could indicate a need for verification, as discrepancies might influence buyer confidence. The last recorded sale in 2005 was significantly lower, so current valuation ranges from $940,000 to $1,100,000, but the lack of recent comparable sales means pricing is less certain. The modest internal area of 116 square metres on a large block may suggest the house itself requires updating or extension to maximise the land’s potential, which could deter some buyers. Zoning and development opportunities should be carefully investigated, as they could enhance or constrain future value.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Centalla Green, Rowville VIC 3178
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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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
4
Bathroom
1
Parking
5
Land
900m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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