1001 Albert Drive Melton South, VIC 3338
Melton South, Melton, VIC, 3338$ 886,285
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 205
Details
Updated on May 22, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 886,285 |
| Land Price: | $ 430,000 |
| Build Price: | $ 456,285 |
| Gross Per Week: | $ 770 |
| Gross Per Annum: | $ 40,040 |
| Gross Yield: | 4.52% |
| Capital Growth 12 Months: | 12.58% |
| 10Yr Annualised Growth: | 9.88% |
| Vacancy Rate: | 5.57% |
| Property Size: | 205 m2 |
| Land Area: | 555 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 24004 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Features
- Minimum 7-Star Energy Rating
- Minimum 7-Star Energy Rating
- Reconstituted stone bench tops to kitchen and bathrooms.
- Reconstituted stone bench tops to kitchen and bathrooms.
- Stainless steel kitchen appliances.
- Stainless steel kitchen appliances.
- Quality timber laminate, tile and carpet flooring.
- Quality timber laminate, tile and carpet flooring.
- LED downlights throughout
- LED downlights throughout
- Semi Frameless Shower Screens
- Semi Frameless Shower Screens
- Tiled shower bases
- Tiled shower bases
- Remote controlled garage door.
- Remote controlled garage door.
- Door and window locks.
- Door and window locks.
- Ducted heating and split system air conditioner.
- Ducted heating and split system air conditioner.
- Window furnishings and flyscreens
- Window furnishings and flyscreens
- Heat pump hot water system.
- Heat pump hot water system.
- Colour through concrete driveway and porch.
- Colour through concrete driveway and porch.
- Clothesline
- Clothesline
- Letterbox.
- Letterbox.
- Full landscaping and full fencing.
- Full landscaping and full fencing.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Dual Occupancy in Melton South has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.
Melton South is a growing suburb in Melbourne's west, offering an excellent blend of affordability and infrastructure. It's well-connected by train and major roads, and home to a mix of established and new housing estates. With parks, schools, and shopping nearby, Melton South continues to attract families and investors looking for long-term growth potential. The suburb benefits from ongoing development and improved transport access, making it a strategic place to invest.
This Dual Occupancy in Melton South delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Floor plans
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
SMSF Single Contract