431 Picea Place Beveridge, VIC 3753

Beveridge, Mitchell, VIC, 3753

$ 748,370

Beveridge, Mitchell, VIC, 3753
Dual Occupancy Investment Property in Beveridge, VIC (5.04% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Beveridge, VIC (5.04% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 3+1
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 178

Details

Updated on May 22, 2026

Property Type: Dual Occupancy
Price: $ 748,370
Land Price: $ 295,000
Build Price: $ 453,370
Gross Per Week: $ 725
Gross Per Annum: $ 37,700
Gross Yield: 5.04%
Capital Growth 12 Months: 1.13%
10Yr Annualised Growth: 5.36%
Vacancy Rate: 12.78%
Property Size: 178 m2
Land Area: 294 m2
Bedrooms: 3+1
Bathrooms: 2+1
Parking: 2
Title Status: Titled
Property ID: 23810
SKU: 1045
Sold: Jun 17, 2026

Description

Positioned in the sought-after suburb of Beveridge, this Dual Occupancy offers a forward-looking investment opportunity. With 3 bedrooms, 2 bathrooms and 2 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, it's well suited for future-ready buyers. A property that offers both confidence and opportunity.

Beveridge sits in Melbourne's northern growth corridor, offering a semi rural feel with swift access to the Hume Freeway. New masterplanned communities bring parks, play spaces and future town centre amenities. Proximity to neighbouring Wallan and Craigieburn expands retail and schooling options. As development progresses, Beveridge continues to attract renters seeking modern homes and value for money.

With its strong rental appeal and long-term growth prospects, this Dual Occupancy in Beveridge is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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.

Features

  • Minimum 7-Star Energy Rating
  • Minimum 7-Star Energy Rating
  • Reconstituted stone bench tops to kitchen and bathrooms.
  • Reconstituted stone bench tops to kitchen and bathrooms.
  • Stainless steel kitchen appliances.
  • Stainless steel kitchen appliances.
  • Quality timber laminate, tile and carpet flooring.
  • Quality timber laminate, tile and carpet flooring.
  • LED downlights throughout
  • LED downlights throughout
  • Semi Frameless Shower Screens
  • Semi Frameless Shower Screens
  • Tiled shower bases
  • Tiled shower bases
  • Remote controlled garage door.
  • Remote controlled garage door.
  • Door and window locks.
  • Door and window locks.
  • Ducted heating and split system air conditioner.
  • Ducted heating and split system air conditioner.
  • Window furnishings and flyscreens
  • Window furnishings and flyscreens
  • Heat pump hot water system.
  • Heat pump hot water system.
  • Colour through concrete driveway and porch.
  • Colour through concrete driveway and porch.
  • Clothesline
  • Clothesline
  • Letterbox.
  • Letterbox.
  • Full landscaping and full fencing.
  • Full landscaping and full fencing.

Floor plans

Dual Occupancy Investment Property in Beveridge, VIC (5.04% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 431 Picea Place Beveridge, VIC 3753
City Mitchell
State VIC
Postcode 3753
Suburb Beveridge
Estate Timbarra - Stage 4

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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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