Sold

1603 Ikara Close MELTON SOUTH, VIC 3338

Melton South, Melton, VIC, 3338

$ 660,500

Sold
Melton South, Melton, VIC, 3338
House and Land Investment Property in Melton South, VIC (3.46% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Melton South, VIC (3.46% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 142

Details

Updated on Jul 15, 2026

Property Type: House and Land
Price: $ 660,500
Land Price: $ 302,000
Build Price: $ 358,500
Gross Per Week: $ 440**
Gross Per Annum: $ 22,880
Gross Yield: 3.46%
Capital Growth 12 Months: 12.58%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 4.74%
Property Size: 142 m2
Land Area: 292 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: Sep-26
Property ID: 31912
SKU: 1045
Sold: Jul 22, 2026

Description

This House in Melton South offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 2 bathrooms and 1 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

Melton South is a rapidly growing suburb within Melbourne's western corridor, offering a blend of affordability and accessibility. With established transport links, schools, and shopping centres, it caters well to families, professionals, and students alike. The suburb has seen consistent development, attracting investors seeking strong rental yields and capital growth. Its location ensures continued demand from tenants who value convenience and connectivity.

Designed to perform in today's rental market, this House in Melton South combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

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

House and Land Investment Property in Melton South, VIC (3.46% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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

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ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

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  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
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  • Buy direct from the builder.
  • Investor or SMSF.
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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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