1505 Taxon Rd MELTON SOUTH, VIC 3338
Melton South, Melton, VIC, 3338$ 892,700
- House and Land
- Property Type
- 6
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 238
Details
Updated on Jun 19, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 892,700 |
| Land Price: | $ 417,000 |
| Build Price: | $ 475,700 |
| Gross Per Week: | $ 620** |
| Gross Per Annum: | $ 32,240 |
| Gross Yield: | 3.61% |
| Capital Growth 12 Months: | 12.58% |
| 10Yr Annualised Growth: | 9.88% |
| Vacancy Rate: | 0.05% |
| Property Size: | 238 m2 |
| Land Area: | 420 m2 |
|---|---|
| Bedrooms: | 6 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Sep-26 |
| Property ID: | 24208 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Located in Melton South, this House is more than just a home, it's a smart investment opportunity. With 6 bedrooms, 3 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.
Melton South is a rapidly developing suburb in Melbourne's west, popular among families, young professionals, and investors. Its close proximity to the Melton Train Station, schools, and shopping centres makes it a well-connected and convenient area. The suburb continues to benefit from strong infrastructure investment and community expansion. Melton South offers affordable entry points with long-term capital growth potential, making it an attractive location for co-living developments.
Whether you're looking to diversify your investments or secure a low-maintenance home, this House in Melton South delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.
A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.
Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.
Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.
Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.
With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.
Floor plans
Address
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Investment property news
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