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93 Rowan Street, Wangaratta$1.52m
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93 Rowan Street

Wangaratta, VIC 3677, Australia
$1.50m – $1.55m
7 bed 5 bath 5 car1127 m²

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About this property

Rarely does an investment opportunity of this calibre become available. Comprising five well-maintained units on one title, this outstanding property offers investors the perfect combination of immediate cash flow and long-term security. Offering a strong annual rental income of $86,320 and an impressive 5.75% return, this well-performing asset is ideal for investors seeking secure, consistent returns. With ongoing demand for quality accommodation in this highly desirable location, this property presents an outstanding opportunity to strengthen any investment portfolio. Ideally positioned within walking distance to the CBD, this provides easy access to shopping, cafés, restaurants, schools, and public transport. The property is also located close to the hospital, a major local employer, ensuring ongoing appeal to healthcare professionals and a wide range of renters seeking convenience and lifestyle. The complex consists of: - Three one-bedroom units - Two spacious two-bedroom units Investment Highlights - Five units on one title - Each unit with it's own carport - Combined rental return of $86,320 per annum - Established renters already in place - Well-maintained complex with strong presentation - Diverse income stream from multiple dwellings, reducing vacancy risk - Outstanding opportunity for investors seeking a high-yield, low-maintenance asset Whether you're looking to expand your portfolio, diversify your investments, or secure a quality income-producing property in a tightly held location, this is an opportunity not to be missed. Multi-unit properties on a single title offering strong returns and proven tenancy are increasingly difficult to find, making this a smart investment for both today and the future.

Property Details

Property Type
land
Listing Type
For Sale
Bedrooms
7
Bathrooms
5
Parking
5
Land Area
1127 m²
Listed
2 weeks ago

Repayment calculator

$7,393/month
$3,697 /fortnight
Loan $1,220,000 at 6.10% over 30 years

Upfront costs

Deposit$305,000
Stamp duty$83,875
Conveyancing (est.)$2,000
Total upfront$390,875
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Wangaratta

This 7-bedroom land in Wangaratta, VIC 3677 sits within reach of public transport, local shops and nearby schools. It is listed 163% above the $579,000 median of 54 comparable landswithin 5 km.

Schools near Wangaratta

  • Cathedral College Wangarattacombined · Prep-12 · CoEd
  • Wangaratta District Specialist Schoolcombined · U · CoEd
  • Appin Park Primary Schoolprimary · Prep-6 · CoEd
  • Wangaratta Primary Schoolprimary · Prep-6 · CoEd
  • Wangaratta West Primary Schoolprimary · Prep-6 · CoEd
  • Yarrunga Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Wangaratta 1 (train)381 m away
  • IGA722 m away
  • Unnamed783 m away
  • Wareena Park929 m away
  • Batchelors Green957 m away

Wangaratta at a glance

Full suburb profile
Population
19,214
Median age
44
Household income
$1,218/wk
Median rent
$260/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Wangaratta price trend

Median sold · House 3 bed

Compound growth +4.5% / yr over 4 yrs

$525kcurrent median

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Price history

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1 price change recorded for this property

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