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42 Odysssey St DIGGERS REST, VIC 3427

Diggers Rest, Melton, VIC, 3427

$ 800,200 Sold

This property has sold.

Sold
Diggers Rest, Melton, VIC, 3427
House and Land Investment Property in Diggers Rest, VIC (5.33% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Diggers Rest, VIC (5.33% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4+2
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 0

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 800,200
Land Price: $ 366,000
Build Price: $ 434,200
Gross Per Week: $ 820**
Gross Per Annum: $ 42,640
Gross Yield: 5.33%
Capital Growth 12 Months: -2.48%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 3.08%
Property Size: 0 m2
Land Area: 350 m2
Bedrooms: 4+2
Bathrooms: 2
Parking: 2
Land Title Date: Q1 2027
Property ID: 26552
SKU: 1045
Sold: Sep 07, 2026

Description

Experience contemporary living with this House in Diggers Rest, designed to meet the expectations of modern buyers and investors. Offering 4 bedrooms, 2 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.

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.

Whether you're looking to diversify your investments or secure a low-maintenance home, this House in Diggers Rest delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for the future.

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

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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