111 Cherry Flat Road Smythes Creek, VIC 3351

Smythes Creek, Golden Plains, VIC, 3351

$ 759,025

Smythes Creek, Golden Plains, VIC, 3351
111 Cherry Flat Road Smythes Creek, VIC 3351-0
111 Cherry Flat Road Smythes Creek, VIC 3351-1
111 Cherry Flat Road Smythes Creek, VIC 3351-2
111 Cherry Flat Road Smythes Creek, VIC 3351-3

Property Images

111 Cherry Flat Road Smythes Creek, VIC 3351-0 111 Cherry Flat Road Smythes Creek, VIC 3351-1 111 Cherry Flat Road Smythes Creek, VIC 3351-2 111 Cherry Flat Road Smythes Creek, VIC 3351-3

Overview

Property ID: LA-24507

  • Dual Occupancy
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 239

Details

Updated on May 22, 2026 at 01:31 am

Property Type: Dual Occupancy
Price: $ 759,025
Land Price: $ 270,000
Build Price: $ 489,025
Gross Per Week: $ 480**
Gross Per Annum: $ 24,960
Gross Yield: 3.29%
Capital Growth 12 Months: 25.89%
Capital Growth 10 Year Annualised: 6.62%
Vacancy Rate: 3.09%
Property Size: 239 m2
Land Area: 400 m2
Bedrooms: 6
Bathrooms: 3
Parking: 2
Title Status: May '26
Property ID: BP-4329200
SKU: 1045

Description

Positioned within the growing suburb of Smythes Creek, this Dual Occupancy offers a modern solution for comfortable living and smart investment. With 6 bedrooms, 3 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

Smythes Creek is part of the rapidly expanding Ballarat region in Victoria, benefiting from major infrastructure investment including the $837 million Ballarat Base Hospital redevelopment. With a growing population of over 117,000 and low rental vacancy of just 0.9%, the area is a magnet for professionals, students, and essential service workers. Its close proximity to universities, hospitals, and shopping centres makes it a prime location for co-living developments.

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.

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

floor_plan.png
Address 111 Cherry Flat Road Smythes Creek, VIC 3351
City Golden Plains
State VIC
Postcode 3351
Suburb Smythes Creek
Estate Cherryside Estate

Similar Listings

Featured
Dual Occupancy
  • $ 1,133,950
Gross Return
$ 57,200
Gross Yield
5.04%
Capital Growth
4.92%
Vacancy Rate
0.58%

Lot 2701 Zinfandel Drive, Alkimos Beach WA (3+2)

Alkimos Beach, Perth, WA, 6038
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy
Featured
Dual Occupancy
  • $ 1,116,950
Gross Return
$ 57,200
Gross Yield
5.12%
Capital Growth
4.92%
Vacancy Rate
0.58%

Lot 2701 Zinfandel Drive, Alkimos Beach WA

Alkimos Beach, Perth, WA, 6038
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy
Featured
Dual Occupancy
  • $ 1,157,950
Gross Return
$ 63,960
Gross Yield
5.52%
Capital Growth
4.92%
Vacancy Rate
0.58%

Lot 2701 Zinfandel Drive, Alkimos Beach WA (4+2)

Alkimos Beach, Perth, WA, 6038
  • 4+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy
Dual Occupancy
  • $ 1,429,935
Gross Return
$ 68,640
Gross Yield
4.65 - 4.95%
Capital Growth
9.10%
Vacancy Rate
0.57%

3 Proposed St Ormeau, QLD 4208

Ormeau, Gold Coast, QLD, 4208
  • 3+2 Bedrooms
  • 2+2 Bathrooms
  • 1+1Cars
Dual Occupancy

Sold Listings

Featured
Dual Occupancy SMSF
  • $ 1,264,500
Sold
Gross Return
$ 60,840
Gross Yield
4.81%
Capital Growth
10.66%
Vacancy Rate
0.70%

Lot S14 Oaklands Drive, Caboolture South QLD

Moreton Bay, QLD, 4510
  • 4+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy
Featured
Dual Occupancy
  • $ 963,450
Sold
Gross Return
$ 59,800
Gross Yield
6.21%
Capital Growth
5.83%
Vacancy Rate
1.21%

Lot 952 Darlot Loop, Lakelands WA

Lakelands, Perth, WA, 6180
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • 2Cars
Dual Occupancy
Featured
Dual Occupancy
  • $ 1,065,990
Sold
Gross Return
$ 54,080
Gross Yield
5.07%
Capital Growth
5.05%
Vacancy Rate
0.79%

Lot 527 Sunrise Boulevard, Wellard WA (4+2)

Wellard, Perth, WA, 6170
  • 4+2 Bedrooms
  • 2+1 Bathrooms
  • 1+1Cars
Dual Occupancy
Featured
Dual Occupancy
  • $ 1,024,990
Sold
Gross Return
$ 49,920
Gross Yield
4.87%
Capital Growth
5.05%
Vacancy Rate
0.79%

Lot 527 Sunrise Boulevard, Wellard WA (3+2)

Wellard, Perth, WA, 6170
  • 3+2 Bedrooms
  • 2+1 Bathrooms
  • 2Cars
Dual Occupancy

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

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

Compare listings

Compare