217 Stonecrop Dr COBBLEBANK, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 822,700 Sold

This property has sold.

Cobblebank, Melton, VIC, 3338
Dual Occupancy Investment Property in Cobblebank, VIC (4.55% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Cobblebank, VIC (4.55% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 199

Details

Updated on Jun 19, 2026

Property Type: Dual Occupancy
Price: $ 822,700
Land Price: $ 405,000
Build Price: $ 417,700
Gross Per Week: $ 720**
Gross Per Annum: $ 37,440
Gross Yield: 4.55%
Capital Growth 12 Months: 5.17%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 5.80%
Property Size: 199 m2
Land Area: 400 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Land Title Date: Q2 2026
Property ID: 26553
SKU: 1045
Sold: Sep 07, 2026

Description

This modern Dual Occupancy in Cobblebank delivers a compelling opportunity for both investors and homeowners. Featuring 3 bedrooms, 2 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Cobblebank is an emerging suburb in Melbourne's western corridor offering modern residential estates and expanding infrastructure. The area is close to Cobblebank Village Shopping Centre, schools, and the Cobblebank train station providing convenient access to the city. Continued development and community investment are attracting families and property investors alike. With strong population growth and improving amenities, Cobblebank is becoming a desirable location for long term investment.

Offering a blend of functionality, style and growth potential, this Dual Occupancy in Cobblebank 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.

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

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 217 Stonecrop Dr COBBLEBANK, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate COBBLE SPRINGS ESTATE

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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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