212 Proposed St DIGGERS REST, VIC 3427

Diggers Rest, Melton, VIC, 3427

$ 657,560

Diggers Rest, Melton, VIC, 3427
House and Land Investment Property in Diggers Rest, VIC (4.03% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Diggers Rest, VIC (4.03% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 140

Details

Updated on Oct 20, 2026

Property Type: House and Land
Price: $ 657,560
Land Price: $ 317,000
Build Price: $ 340,560
Gross Per Week: $ 510**
Gross Per Annum: $ 26,520
Gross Yield: 4.03%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 3.08%
Property Size: 140 m2
Land Area: 244 m2
Bedrooms: 4
Bathrooms: 2
Parking: 1
Title Status: Dec-26
Property ID: 37144
SKU: 1045

Description

This House in Diggers Rest 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.

Diggers Rest sits within Melbourne's northern growth corridor and attracts renters seeking connectivity and convenience. The area offers a balanced lifestyle with access to key transport links and everyday amenities, supporting consistent rental demand. Investors value its steady population growth, evolving infrastructure, and proximity to established centres. The location complements a co-living strategy focused on occupancy stability and income resilience.

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's 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.

Features

  • 2590mm ceilings
  • 20mm stone benchtops to kitchen, ensuite, bathroom & laundry
  • Freestanding bath (design dependent)
  • Waterfall end to kitchen benchtop
  • Soft-close cabinetry throughout kitchen and bathrooms
  • LED downlights to all internal rooms and porch
  • Ducted heating
  • Three-coat paint system
  • Fibre-optic ready (NBN to all open-area walls)
  • Blinds & flyscreens to all windows
  • Brick infills above all windows & garage door
  • Community Infrastructure Levy (CIL)
  • 10-Year Structural Warranty
  • Fixed site costs, including P-Class slab & piering
  • Rock extraction and removal guarantee
  • …and much more.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 212 Proposed St DIGGERS REST, VIC 3427
City Melton
State VIC
Postcode 3427
Suburb Diggers Rest
Estate Watsons Reach
Region Melbourne

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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.

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