Dual Key Investment Property in Melton South, VIC (5.25% Yield) | Aus Investment Properties - Photo 1

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Dual Key Investment Property in Melton South, VIC (5.25% Yield) | Aus Investment Properties - Photo 1
  • Dual Key
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 238

Details

Updated on Oct 20, 2026

Property Type: Dual Key
Price: $ 881,900
Land Price: $ 417,000
Build Price: $ 464,900
Gross Per Week: $ 890*
Gross Per Annum: $ 46,280
Gross Yield: 5.25%
Capital Growth 12 Months: 12.58%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 5.80%
Property Size: 238 m2
Land Area: 420 m2
Bedrooms: 4+2
Bathrooms: 2+1
Parking: 2
Title Status: November 2026
Property ID: 42097
SKU: 1029

Description

This dual key property in the Seventh Bend community of Melton South offers investors a full Turnkey single-storey house and land package with two dwellings under one roof: a 4-bedroom, 2-bathroom main residence with a separate WC, and a self-contained 2-bedroom, 1-bathroom secondary dwelling with a study, plus a double garage. The 238 m2 build sits on a 420 m2 lot with a 14 m frontage and a north orientation, with 178 m2 for the main residence including the garage and 60 m2 for the secondary dwelling, and each dwelling has its own entry, kitchen, meals and living area, laundry and courtyard, giving the potential for two separate rental incomes. Land title is expected in November 2026, and the package is sold as a two-part contract with separate land and build prices. Turnkey inclusions cover landscaping, fencing, the driveway, 2590 mm ceilings, 900 mm appliances, 20 mm stone benchtops, gas ducted heating and a 7 star energy rating.

Melton South sits in Melbourne’s western growth corridor around 40 km from the CBD in the City of Melton, and Seventh Bend is one of the newer masterplanned communities taking shape on the southern side of the township. Melton station on the Ballarat line provides regular train services towards Sunshine and the city, while the Western Freeway links residents to the Western Ring Road, Caroline Springs and the inner west. Schools, shopping centres, sporting reserves and the established Melton town centre are close by, with new parks and community facilities being delivered across the surrounding estates. Steady population growth, relative affordability and solid demand from families and commuters make Melton South a well-regarded suburb for investors seeking rental yield and long-term capital growth.


Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Features

  • double garage
  • 2590 mm ceilings
  • 900 mm appliances
  • 4+2 bedrooms
  • Dual Key
  • 14 m frontage
  • 2+1 bathrooms
  • Split system air conditioning
  • Landscaping fencing and driveway
  • Separate entries
  • 420 m2 lot
  • Study
  • 238 m2 house
  • Single Storey
  • 7 Star Energy Rating
  • Stone benchtops
  • Turnkey
  • Gas ducted heating
  • Two self-contained dwellings
  • Two kitchens

Inclusions

  • carpet to bedrooms
  • 2590 mm ceilings
  • Tiled kitchen splashback
  • LED downlights throughout
  • Stainless steel double bowl sink
  • Full turnkey package
  • Clothesline
  • Stainless steel dishwasher
  • 20 mm Caesarstone benchtops
  • Gas ducted heating
  • Timber laminate flooring to entry and living areas
  • Flyscreens to openable windows
  • Hardwired smoke detectors
  • Concrete roof tiles
  • Independent quality inspections
  • 10 year structural warranty
  • 3 month maintenance period
  • Letterbox
  • Semi-framed shower screens
  • 7 star energy rating
  • Fixed price site costs including rock excavation
  • 900 mm stainless steel upright cooker and canopy rangehood
  • Laminate kitchen cabinetry with overhead cupboards
  • Melamine pantry shelving
  • Tiled wet areas
  • Split system air conditioner to main living area
  • Solar hot water service with gas booster
  • Wall and ceiling insulation
  • LED sensor flood light outside laundry
  • Colorbond sectional garage door with motor and 2 remotes
  • Feature front entry door with clear glazing
  • Double cylinder deadbolt to front entry
  • Colorbond fascia gutters and downpipes
  • Venetians to front windows and roller blinds elsewhere
  • Colour through concrete driveway and path
  • Turf plants mulch and toppings to front and rear yards
  • Irrigation to two garden taps with timers
  • Timber fencing with wing fence and gate
  • Two part termite treatment
  • Full house clean on completion
  • Landscaping fencing and driveway included

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Address Melton South VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Melton South
Estate Seventh Bend
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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