42 Odysssey St DIGGERS REST, VIC 3427

Diggers Rest, Melton, VIC, 3427

$ 705,200

Diggers Rest, Melton, VIC, 3427
42 Odysssey St DIGGERS REST, VIC 3427-0

Property Images

42 Odysssey St DIGGERS REST, VIC 3427-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 176

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 705,200
Land Price: $ 366,000
Build Price: $ 339,200
Gross Per Week: $ 520**
Gross Per Annum: $ 27,040
Gross Yield: 3.83%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 2.99%
Property Size: 176 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Q1 2027
Property ID: 26689
SKU: 1045

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Diggers Rest, this House is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 2 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.

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 House in Diggers Rest delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

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.

Floor plans

floor_plan.png
Address 42 Odysssey St DIGGERS REST, VIC 3427
City Melton
State VIC
Postcode 3427
Suburb Diggers Rest
Estate HAMLET ESTATE

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ENQUIRE ABOUT THIS PROPERTY

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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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