248 8 Bayberry Street Thornhill Park, VIC 3335

Thornhill Park, Melton, VIC, 3335

$ 878,190

Thornhill Park, Melton, VIC, 3335
248 8 Bayberry Street Thornhill Park, VIC 3335-0
248 8 Bayberry Street Thornhill Park, VIC 3335-1
248 8 Bayberry Street Thornhill Park, VIC 3335-2
248 8 Bayberry Street Thornhill Park, VIC 3335-3
248 8 Bayberry Street Thornhill Park, VIC 3335-4
248 8 Bayberry Street Thornhill Park, VIC 3335-5

Property Images

248 8 Bayberry Street Thornhill Park, VIC 3335-0 248 8 Bayberry Street Thornhill Park, VIC 3335-1 248 8 Bayberry Street Thornhill Park, VIC 3335-2 248 8 Bayberry Street Thornhill Park, VIC 3335-3 248 8 Bayberry Street Thornhill Park, VIC 3335-4 248 8 Bayberry Street Thornhill Park, VIC 3335-5
  • Dual Occupancy
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 238

Details

Updated on May 22, 2026

Property Type: Dual Occupancy
Price: $ 878,190
Land Price: $ 419,500
Build Price: $ 458,690
Gross Per Week: $ 790
Gross Per Annum: $ 41,080
Gross Yield: 4.38 - 4.97%
Capital Growth 12 Months: 15.81%
Capital Growth 10 Year Annualised: 5.78%
Vacancy Rate: 16.88%
Property Size: 238 m2
Land Area: 400 m2
Bedrooms: 6
Bathrooms: 3
Parking: 2
Title Status: Titled
Property ID: 23509
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Thornhill Park, this Dual Occupancy is more than just a home, it's a smart investment opportunity. With 6 bedrooms, 3 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

Thornhill Park is a peaceful, well-planned community in Melbourne's west, known for its quiet streets, green spaces, and accessible amenities. With wide footpaths and local parks, the suburb promotes outdoor recreation and active lifestyles. Residents benefit from convenient services, with a supermarket and café located just 300 metres from the property. Its combination of tranquility and accessibility makes it an appealing choice for both residents and investors.

Designed to perform in today's rental market, this Dual Occupancy in Thornhill Park combines reliable yield with capital appreciation potential. It's a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

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

floor_plan.png
Address 248 8 Bayberry Street Thornhill Park, VIC 3335
City Melton
State VIC
Postcode 3335
Suburb Thornhill Park
Estate Thornhill Gardens

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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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