431 Picea Place Beveridge, VIC 3753
Beveridge, Mitchell, VIC, 3753$ 748,370 Sold
This property has sold.
- 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: | -1.55% |
| 10Yr Annualised Growth: | 5.36% |
| Vacancy Rate: | 20.20% |
| Property Size: | 178 m2 |
| Land Area: | 294 m2 |
|---|---|
| Bedrooms: | 3+1 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Land Title Date: | 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
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Morayfield QLD 4506
Morayfield QLD 4506ENQUIRE 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.