248 Proposed St THORNHILL PARK, VIC 3335
Thornhill Park , Melton, VIC, 3335$ 797,820
- Property Type
- 5
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 199
Details
Updated on Oct 20, 2026
| Property Type: | |
|---|---|
| Price: | $ 797,820 |
| Land Price: | $ 385,000 |
| Build Price: | $ 412,820 |
| Gross Per Week: | $ 830** |
| Gross Per Annum: | $ 43,160 |
| Gross Yield: | 5.41% |
| Capital Growth 12 Months: | 15.81% |
| 10Yr Annualised Growth: | 5.78% |
| Vacancy Rate: | 14.46% |
| Property Size: | 199 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 37173 |
| SKU: | 1045 |
Description
Positioned within the growing suburb of Thornhill Park, this Multiple Occupancy offers a modern solution for comfortable living and smart investment. With 5 bedrooms, 3 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.
Thornhill Park is an emerging western Melbourne suburb benefiting from rapid residential development and strong infrastructure expansion. With easy access to major highways and nearby retail hubs, it attracts steady rental demand. Investors are drawn to its affordability and consistent growth trajectory within Melbourne's outer west.
Combining modern design, location and investment potential, this Multiple Occupancy in Thornhill Park offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.
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
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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.