Sold

652 Jester Drive Cobblebank, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 1,015,500 Sold

This property has sold.

Sold
Cobblebank, Melton, VIC, 3338
House and Land Investment Property in Cobblebank, VIC (2.87% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Cobblebank, VIC (2.87% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 1,015,500
Land Price: $ 526,000
Build Price: $ 489,500
Gross Per Week: $ 560**
Gross Per Annum: $ 29,120
Gross Yield: 2.87%
Capital Growth 12 Months: 5.17%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 5.80%
Property Size: 210 m2
Land Area: 548 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Land Title Date: Titled
Property ID: 26164
SKU: 1045
Sold: Jun 29, 2026

Description

This House in Cobblebank presents a rare opportunity to secure a modern, high-growth investment. Featuring 5 bedrooms, 5 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.

Cobblebank is an emerging master planned suburb within Melbourne's western growth corridor, approximately 40km from the CBD. Located in the City of Melton, it is supported by Cobblebank Train Station and direct access to the Western Freeway, ensuring strong connectivity. Significant government investment in education, health and community infrastructure, including the future Melton Hospital and expanding retail precincts, is strengthening long-term growth fundamentals. As residential development continues, Cobblebank is experiencing rising housing demand supported by infrastructure expansion and population growth.

Combining modern design, location and investment potential, this House in Cobblebank offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

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 652 Jester Drive Cobblebank, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate Willowstone

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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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