23 Cedar Drive Kilmore, VIC 3764

Kilmore, Mitchell, VIC, 3764

$ 727,122

Kilmore, Mitchell, VIC, 3764
House and Land Investment Property in Kilmore, VIC (3.65% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Kilmore, VIC (3.65% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 232

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 727,122
Land Price: $ 307,500
Build Price: $ 419,622
Gross Per Week: $ 510**
Gross Per Annum: $ 26,520
Gross Yield: 3.65%
Capital Growth 12 Months: -8.05%
10Yr Annualised Growth: 6.26%
Vacancy Rate: 2.60%
Property Size: 232 m2
Land Area: 540 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Titled
Property ID: 23818
SKU: 1045

Description

Situated in the thriving suburb of Kilmore, this House presents an excellent opportunity for modern living and investment. With 4 bedrooms, 2 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.

Kilmore is a historic town in Victoria's north known for its community feel, growing residential market, and convenient regional connections. The suburb offers schools, shops, and everyday services while still providing access to Melbourne via the Hume Freeway and VLine connections. Ongoing housing demand and population growth are supporting its appeal to both owner occupiers and investors. With its affordability and established amenities, Kilmore presents strong long term investment potential.

Offering a blend of functionality, style and growth potential, this House in Kilmore 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.

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 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.
  • Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 20.1 - 27sq. Note: Price includes Category 1 Range bricks only.

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 23 Cedar Drive Kilmore, VIC 3764
City Mitchell
State VIC
Postcode 3764
Suburb Kilmore
Estate Parkview Estate - Kilmore Stage 1
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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