Real Estate Rowville Vic 3178

Rowville: Family-friendly, green, suburban, safe.

Housing Market in Rowville

Key Rowville Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$692	Top 25%	166% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Rowville

Rowville Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Rowville

31.2%

Melbourne

28.8%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Development applications	21.4	Top 21%	94% to Jun 2025
Developments	0.1	Bottom 21%	Data for Jul 2023
Housing Stock Quality Indicator	74.9	Top 7%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	2 lots	Bottom 16%	50% to Jun 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	42	Top 2%	950% to Mar 2025

Housing Stock Quality in Rowville

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Melbourne	Trend
Houses	91.9%	Bottom 23%	2% to Jan 2021
Average bedrooms - all homes	2.9	Top 17%	6% to Jan 2021
NBN connection: fibreoptic cable to node	1.3%	Top 21%	Data for Jun 2023

Development Restrictions in Rowville

Rowville Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Rowville

27.9%

Melbourne

36.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Total area	16.0 sq km	Top 39%	Data for Jan 2021
Heritage overlay total area	0.3 sq km	Top 21%	Data for Jun 2023
Residential density	356 sqm per resident	Bottom 15%	Data for Jan 2021

Risk in Rowville

Rowville Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Rowville

39.8

Melbourne

49.7

Compare
Suburbs

Field	Value	VS Melbourne	Trend
% Owner Occupied	87.7%	Bottom 35%	0% to May 2023
% Rentals	12.3%	Top 35%	3% to May 2023
Housing Affordability Index	52	Top 11%	Data for Jun 2023
Median monthly mortgage	$2,150	Top 37%	22% to May 2023
Rent Affordability Index (Houses)	78	Bottom 44%	Data for Jun 2023
Rent Affordability Index (Units)	74	Bottom 35%	Data for Jun 2023
Mortgage as a percent of income	21.4%	Bottom 45%	2% to Jan 2021
Mortgaged Dwellings	48.3%	Top 25%	7% to May 2023

Housing Demand in Rowville

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030

Rowville

86.0%

Melbourne

82.9%

Compare
Suburbs

Field	Value	VS Melbourne	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	17000	Top 29%	9% to Dec 2036
Historical Population (SA3)	162000	Top 10%	10% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	180000	Top 9%	22% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Rowville

Rowville Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Melbourne	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$553	Top 30%	145% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	64.6%	Bottom 33%	32% to Mar 2025

Median House Rental Prices by Street (73)

Level_0	Street	Date	Median rent (per week)
118867	Fourth Ave	30 Mar 2025	$675
118856	Fifth Ave	30 Mar 2025	$640
118885	Gilligans Ct	30 Mar 2025	$640
118880	George Knox Dr	30 Mar 2025	$707
118878	Gearon Ave	30 Mar 2025	$695

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Amanda Ct	10 May 2024	$1,138,000
Bernard Hamilton	10 May 2024	$1,675,000
Bexsarm Cr	10 May 2024	$968,000
Bianca Ct	10 May 2024	$960,000
Avalon Rd	10 May 2024	$885,000

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
46.2%	Bexsarm Cr	very tightly held	Every 21.7 years (very tightly held)	2025
33.3%	Meaghan Ct	very tightly held	Every 30.0 years (very tightly held)	2025
82.5%	Karoo Rd	average turnover	Every 12.1 years (average turnover)	2025
54.5%	Hollyview Ct	quite tightly held	Every 18.3 years (quite tightly held)	2025
51.1%	Dandelion Dr	quite tightly held	Every 19.6 years (quite tightly held)	2025

Median Unit Sale Prices by Street (100)

Date	Median sale value	Street
10 May 2024	$730,000	Dandelion Dr
10 May 2024	$710,000	Fulham Rd
10 May 2024	$1,386,000	Ember Cr
10 May 2024	$749,000	Willow Ave
10 May 2024	$752,500	Wedge Cr

LGA Details (1)

Headline	Place	Datetime
Local government area	Knox

Realtors (3)

Headline	Place	Datetime
Barry Plant Real Estate	150 Kelletts Rd
Harcourts Rowville	The Corner 06/ Shop G 1090 Wellington Rd
Express House Buyers - We Buy Houses Fast!

Accommodation Options (3)

Percent of Renters by Street (100)

Percent of Renters	Street
7.4%	Abbin Ct
7.5%	Ada St
16.9%	Adam Cl
39.2%	Adrian Pl
20.0%	Affleck Way

Businesses (99)

Name	Address
Asphalt & Civil Construction PTY LTD	1331 Stud Rd, Rowville VIC 3178, Australia
Beckins Constructions PTY Ltd.	2 Brearley Ct, Rowville VIC 3178, Australia
Stockland Waterlea Townhomes (Appointment only)	1 Emmeline Row, Rowville VIC 3178, Australia
CCM Facilities	8/6 Enterprise Dr, Rowville VIC 3178, Australia
AAA Soil Testing & Foundation Design	21 Golding Ave, Rowville VIC 3178, Australia

Planning Applications: Dwellings (51)

Headline	Place	Date
To subdivide the land into four lots, with each lot to contain one dwelling. - Streamlined Planning through Electronic Applications and Referrals S241396J	30 Avalon Road, Rowville VIC 3178	17 Dec 2024
To subdivide the land into two lots with each lot to contain one dwelling. - Streamlined Planning through Electronic Applications and Referrals S240404H	74 Murray Crescent, Rowville VIC 3178	07 Dec 2024
To subdivide the land into two lots, with each lot to contain one dwelling. - Streamlined Planning through Electronic Applications and Referrals S240389P	50 Avalon Road, Rowville VIC 3178	07 Dec 2024
Subdivision of Land into Six(6) Lots, in accordance with the approved Development Permit / Plans. *Please include a condition in the permit to allow the subdivision to be carried out prior to building or alongside construction. As per Amendment VC221 gazetted on 4th August 2022. We wish to advise that this development will be connected to reticulated gas. - Streamlined Planning through Electronic Applications and Referrals S233404M	1100 Stud Road, Rowville VIC 3178	13 Jul 2024
Concurrent Planning Permit and Certification application in accordance with the attached Plan of Subdivision PS922084A. The purpose of subdivision is the creation of 24 Townhouse Titles in accordance with permitted development in application P/2023/6547. - Streamlined Planning through Electronic Applications and Referrals S229409J	36 Bankside Boulevard, Rowville VIC 3178	28 May 2024

Planning Applications: Industrial (3)

Headline	Place	Date
The proposal involves a non-works two lot subdivision for the purpose of creating a separate Title for each existing warehouse. Refer to the attached proposed Plan of Subdivision PS 924325T. Lots 1 and 2 on the proposed Plan of Subdivision each contain an existing building with a shared concrete panel party wall. The Plan of Subdivision introduces easements implied under section 12(2) of the Subdivision Act 1988 to provide for party wall support and other easements required for the enjoyment of the Lots. The proposed subdivision application only contemplates a change to the ownership holding structure of the warehouses and no development or alternation to the existing built form or interfaces are proposed. - Streamlined Planning through Electronic Applications and Referrals S230976T	16 Viewtech Place, Rowville VIC 3178	17 Aug 2024
Two Lot Subdivision of existing factories in accordance with approved permit / plans. - Streamlined Planning through Electronic Applications and Referrals S227293S	1/7 Hi-tech Place, Rowville VIC 3178	11 Apr 2024
Development of an office building adjacent to an existing warehouse, a reduction in car parking and internally illuminated signage - Knox City Council P/2023/6202	85 Henderson Road, Rowville VIC 3178	08 Sep 2023

Planning Applications: Other (44)

Headline	Place	Date
Development of an office building adjacent to an existing warehouse, a reduction in car parking and internally illuminated signage - Knox City Council P/2023/6202	85 Henderson Road, Rowville VIC 3178	08 Sep 2023
Variation to Restrictive Covenant M225249Y FROM “…will not erect or cause to be erected on the land hereby transferred any building other than one prie dwelling house (together with the usual outbuildings) having a minimum area of 112 square metres (excluding verandahs, pergolas, garages and other vehicle shelters) as measured from the external walls and having walls constructed of not less than 75% of brick, brick veneer, masonry stone or any combination of these materials…”. TO “…will not erect or cause to be erected on the land hereby transferred any building other than a dwelling (together with the usual outbuildings), each having a minimum area of 112 square metres (excluding verandahs, pergolas, garages and other vehicle shelters) as measured from the external walls and having external walls constructed of not less than 75% clad of brick, brick veneer, masonry stone, stone render finish or any combination of these materials…” - Knox City Council P/2023/6154	10 Denise Close, Rowville VIC 3178	17 Jul 2023
Removal of front fences and amended notation for three neighbouring fences - Knox City Council P/2020/6108/A	57 Taupo Crescent, Rowville VIC 3178	11 Jul 2023
Change of Use - Indoor Recreation Facility - Gym - Knox City Council P/2023/6063	3/19 Viewtech Place, Rowville VIC 3178	06 May 2023
Change of use (micro distillery) and the sale of liquor in conjunction with a producer's license - Knox City Council P/2018/6170/A	7/9 Hi-Tech Place, Rowville VIC 3178	30 Mar 2023

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
74 Sovereign Manors Cr	$951,000	3.0	2.0	2.0	26 Mar 2025	On Market
9 Salerno Way	$1,350,000	4.0	2.0	2.0	25 Mar 2025	On Market
108 Fairway Dr	$1,130,000	4.0	2.0	2.0	24 Mar 2025	On Market
101 Murrindal Dr	$1,275,000	5.0	2.0	2.0	22 Mar 2025	On Market
35 Gearon Ave	$1,171,000	4.0	2.0	2.0	22 Mar 2025	On Market

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
154 Murrindal Dr	$600	3	2	2	28 Mar 2025
Unit 3, 14 Lidgate Ave	$675	3	2	2	26 Mar 2025
Unit 3, 14 Lidgate Ave	$675	3	2	2	26 Mar 2025
Unit 3, 14 Lidgate Ave	$675	3	2	2	26 Mar 2025
Unit 3, 14 Lidgate Ave	$675	3	2	2	26 Mar 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Date
Unit 6, 1086 Stud Rd	$520	2.0	1.0	05 Feb 2025
Unit 6, 1086 Stud Rd	$530	2.0	1.0	05 Feb 2025
Unit 6, 1086 Stud Rd	$520	2.0	1.0	05 Feb 2025
Unit 6, 1086 Stud Rd	$520	2.0	1.0	05 Feb 2025
Unit 6, 1086 Stud Rd	$520	2.0	1.0	05 Feb 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 203, 1165 Stud Rd	$315,000	1.0	1.0	1.0	19 Mar 2025	On Market
Unit 203, 1165 Stud Rd	$315,000	1.0	1.0	1.0	19 Mar 2025	On Market
Unit 203, 1165 Stud Rd	$315,000	1.0	1.0	1.0	19 Mar 2025	On Market
Unit 203, 1165 Stud Rd	$315,000	1.0	1.0	1.0	19 Mar 2025	On Market
Unit 203, 1165 Stud Rd	$315,000	1.0	1.0	1.0	19 Mar 2025	On Market