84 Rogers Street, Roselands NSW 2196

3/2/2 house on full 557m² lot | Large block for street | Established long-term ownership area | Low rental yield profile This property presents a competitively strong land position within its immediate context. A 557 square metre block with a three-bedroom house aligns with the larger end of typical Rogers Street offerings, providing a tangible scarcity premium in the form of future development or extension potential. The configuration suits an owner-occupier seeking space or an investor with a long-term land banking strategy, capitalizing on an area where over half the owners have held for a decade, indicating neighborhood stability. The primary risk is the substantial capital outlay for a house requiring value-add through renovation or redevelopment to realize its underlying land value, as the existing dwelling generates only modest income. The opportunity lies in securing a large parcel in a settled suburb, with commercial logic favoring a hold period exceeding five years to absorb improvement costs and benefit from area growth. Acquire this for its land bank attributes, not its current yield, and plan to enhance the dwelling within the medium term. Recent comparable sales on Rogers Street demonstrate a clear value gradient tied to scale and condition: – 55A (3/2/2): $1.581m – 72 (3/2/2): $1.62m – 26 (3/1/3): $1.6m – 58 (6/4/2): $2.55m This establishes a baseline near $1.6 million for a three-bedroom house, with the subject property’s estimated value near $1.9 million justified only by its significantly larger land component, mirroring the premium paid for the substantially larger house at number 58.