Sold

1603 Ikara Close MELTON SOUTH, VIC 3338

Melton South, Melton, VIC, 3338

$ 660,500

Sold
Melton South, Melton, VIC, 3338
1603 Ikara Close MELTON SOUTH, VIC 3338-0

Property Images

1603 Ikara Close MELTON SOUTH, VIC 3338-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 142

Details

Updated on Jul 06, 2026

Property Type: House and Land
Price: $ 660,500
Land Price: $ 302,000
Build Price: $ 358,500
Gross Per Week: $ 450**
Gross Per Annum: $ 23,400
Gross Yield: 3.54%
Capital Growth 12 Months: 12.58%
Capital Growth 10 Year Annualised: 9.88%
Vacancy Rate: 5.57%
Property Size: 142 m2
Land Area: 292 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: Sep-26
Property ID: 30136
SKU: 1045
Sold: Jul 09, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This House in Melton South presents a rare opportunity to secure a modern, high-growth investment. Featuring 4 bedrooms, 2 bathrooms and 1 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

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.

With its strong rental appeal and long-term growth prospects, this House in Melton South is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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

floor_plan.png
Address 1603 Ikara Close MELTON SOUTH, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Melton South
Estate ORCHARD GREEN

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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

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