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City of Knox
Rowville

Rowville Property Market
& Suburb Profile

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MEDIAN PRICES IN ROWVILLE

Median house price

(all agencies, last 12 months)$1.1m*

House price change

(all agencies, last 12 months)+9.31%

Median unit price

(all agencies, last 12 months)$774k*

Unit price change

(all agencies, last 12 months)+6.15%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

ROWVILLE PRICE TRACKER

HousesUnits

ROWVILLE SALES OVERVIEW

  • Sold by Auction 89%
  • Sold by Private Sale or Other Method 11%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)29

Auction clearance rate in Rowville

(all agencies, last 12 months)88%

Average held period in Rowville

(proptrack)13 years

ROWVILLE INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$714pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$591pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)3.16%

Average rental yield for Units

(all agencies, last 12 months)4.2%

Rowville total population size

(as at the last census)33,571

Median household size in Rowville

(as at the last census)2.9

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

ROWVILLE PROPERTY TYPES

  • Houses 56%
  • Units 11%
  • Other 33%

OCCUPANCY IN ROWVILLE

  • Owned 81%
  • Rented 15%
  • Other/Not Stated 4%
  • Singles 15%
  • Families 83%
  • Other 2%

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ABOUT ROWVILLE

Rowville is an expansive and family-centric suburb located approximately 27 kilometres southeast of the Melbourne CBD, offering a balanced lifestyle that combines vast natural reserves with modern residential convenience.

The suburb remains one of the largest and most popular residential pockets in the City of Knox, particularly favoured by upsizing families and established professionals who value its spacious homes and active community atmosphere. The suburb’s geography is a significant drawcard, featuring the massive Churchill National Park and Lysterfield Park on its eastern fringe, which provide residents with hundreds of hectares of bushland for hiking, mountain biking, and wildlife spotting.

Life in Rowville is supported by comprehensive local infrastructure, with three major shopping precincts - Stud Park, Wellington Village, and Rowville Lakes - ensuring that residents have easy access to supermarkets, specialty retail, and a growing array of local cafes and restaurants.

Education is a primary pillar of the community, anchored by the high-performing Rowville Secondary College, which is renowned for its specialised academies in sports, the arts, and maths and science. The suburb also hosts several well-regarded primary schools, catering to its significant population of young families.

While Rowville is not directly serviced by a train line, connectivity is managed via the nearby Monash Freeway and EastLink, alongside a robust bus network that links residents to the heavy rail hubs at Glen Waverley and Ferntree Gully.

From a property perspective, Rowville is a highly stable and resilient market characterised by a very high owner-occupation rate. The Rowville real estate market has shown consistent strength. The housing stock predominantly consists of large four and five-bedroom family homes, though a growing number of modern townhouses and units.

For investors, Rowville offers reliable rental demand delivering a steady yield in a suburb where long-term capital appreciation is bolstered by its enduring appeal as a premium family destination.

Education

Heany Park Primary School
Karoo Primary School
Park Ridge Primary School
Rowville Primary School
Rowville Secondary College
St Simon's School
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SALES COMPARISON

Find out how Rowville median sales prices compare to neighbouring suburbs.

ROWVILLE MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025399$962,2009.31%376$653pw3.68%
2024400$890,000-3.23%357$625pw3.77%
2023380$908,5000.13%360$581pw3.52%
2022399$901,7508.28%415$508pw3.21%
2021574$845,34519.41%439$469pw2.83%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025399$962,200+9.31%
2024400$890,000-3.23%
2023380$908,500+0.13%
2022399$901,750+8.28%
2021574$845,345+19.41%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025376$653pw3.68%
2024357$625pw3.77%
2023360$581pw3.52%
2022415$508pw3.21%
2021439$469pw2.83%

PROUDLY SERVICING Rowville

Barry Plant
Rowville

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.