Sold

509 Oaklands Street Diggers Rest, VIC 3427

Diggers Rest, Melton, VIC, 3427

$ 649,367

Sold
Diggers Rest, Melton, VIC, 3427
509 Oaklands Street Diggers Rest, VIC 3427-0

Property Images

509 Oaklands Street Diggers Rest, VIC 3427-0
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 117

Details

Updated on Jul 06, 2026

Property Type: House and Land
Price: $ 649,367
Land Price: $ 333,000
Build Price: $ 316,367
Gross Per Week: $ 485**
Gross Per Annum: $ 25,220
Gross Yield: 3.88%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 2.99%
Property Size: 117 m2
Land Area: 230 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: Titled
Property ID: 30772
SKU: 1045
Sold: Jul 17, 2026

Features

  • Minimum 7-Star Energy Rating
  • Reconstituted stone bench tops to kitchen and bathrooms.
  • Stainless steel kitchen appliances.
  • Quality timber laminate, tile and carpet flooring.
  • LED downlights throughout
  • Semi Frameless Shower Screens
  • Tiled shower bases
  • Remote controlled garage door.
  • Door and window locks.
  • Ducted heating and split system air conditioner.
  • Window furnishings and flyscreens
  • Heat pump hot water system.
  • Colour through concrete driveway and porch.
  • Clothesline
  • Letterbox.
  • Full landscaping and full fencing.
  • Provide brick infills above all windows and pedestrian doors (Design specific) - House Size 13.1 - 20sq. Note: Price includes Category 1 Range bricks only.
  • Provide approx. 2590mm ceiling heights throughout to single storey homes in lieu of standard 2440mm. *NOTE: Report and consent may be required due to Garage wall height regulations. To be confirmed once soil & survey reports are received.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This House in Diggers Rest offers a well-balanced combination of modern living and investment potential. Featuring 3 bedrooms, 2 bathrooms and 1 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and 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.

With its blend of lifestyle appeal and investment strength, this House in Diggers Rest is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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 509 Oaklands Street Diggers Rest, VIC 3427
City Melton
State VIC
Postcode 3427
Suburb Diggers Rest
Estate Davis Vineyard - Stage 5

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  • Investor or SMSF.
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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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