1603 Kara Close Melton South, VIC 3338

Melton South, Melton, VIC, 3338

$ 631,717

Melton South, Melton, VIC, 3338
1603 Kara Close Melton South, VIC 3338-0

Property Images

1603 Kara Close Melton South, VIC 3338-0

Overview

Property ID: LA-23543

  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 117

Details

Updated on May 29, 2026 at 12:30 am

Property Type: House and Land
Price: $ 631,717
Land Price: $ 302,000
Build Price: $ 329,717
Gross Per Week: $ 450**
Gross Per Annum: $ 23,400
Gross Yield: 3.70%
Capital Growth 12 Months: 12.58%
Capital Growth 10 Year Annualised: 9.88%
Vacancy Rate: 5.57%
Property Size: 117 m2
Land Area: 292 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: Q3 2026
Property ID: BP-4056548
SKU: 1045

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.
  • Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 13.1 - 20sq. Note: Price includes Category 1 Range bricks only.
  • Provide approx. 2590mm ceiling heights throughout to single storey homes in lieu of standard 2440mm. *NOTE: Report and consent may be required due to Garage wall height regulations. To be confirmed once soil & survey reports are received.

Description

Positioned in the sought-after suburb of Melton South, this House offers a forward-looking investment opportunity. With 3 bedrooms, 2 bathrooms and 1 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, it's well suited for future-ready buyers. A property that offers both confidence and opportunity.

Melton South is a well-established suburb in Melbourne's west, offering excellent connectivity via road and rail while remaining affordable for investors. The area is supported by local schools, shopping precincts, and parklands, making it attractive to long-term tenants. Ongoing infrastructure investment and population growth continue to strengthen rental demand. Investors value Melton South for its balance of yield, accessibility, and future growth potential.

Offering a blend of functionality, style and growth potential, this House in Melton South is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.

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 Kara Close Melton South, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Melton South
Estate Orchard Green - Stage 16a

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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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