1642 Capstone St MELTON SOUTH, VIC 3338
Melton South, Melton, VIC, 3338$ 780,700
- Dual Occupancy
- Property Type
- 4+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 204
Details
Updated on Jul 29, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 780,700 |
| Land Price: | $ 339,000 |
| Build Price: | $ 441,700 |
| Gross Per Week: | $ 880** |
| Gross Per Annum: | $ 45,760 |
| Gross Yield: | 5.86% |
| Capital Growth 12 Months: | 12.58% |
| 10Yr Annualised Growth: | 9.88% |
| Vacancy Rate: | 4.74% |
| Property Size: | 204 m2 |
| Land Area: | 388 m2 |
|---|---|
| Bedrooms: | 4+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 33284 |
| SKU: | 1045 |
| Sold: | Sep 07, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Dual Occupancy in Melton South offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 2 bathrooms and 2 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 growing suburb in Melbourne's west, offering an excellent blend of affordability and infrastructure. It's well-connected by train and major roads, and home to a mix of established and new housing estates. With parks, schools, and shopping nearby, Melton South continues to attract families and investors looking for long-term growth potential. The suburb benefits from ongoing development and improved transport access, making it a strategic place to invest.
With its blend of lifestyle appeal and investment strength, this Dual Occupancy in Melton South is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.
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
Address
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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