Lot 1322 - Toolern Waters Estate - Melton South

Melton South, Melbourne, VIC, 3338

$ 714,700

Melton South, Melbourne, VIC, 3338
Lot 1322 - Toolern Waters Estate - Melton South-0
Lot 1322 - Toolern Waters Estate - Melton South-1
Lot 1322 - Toolern Waters Estate - Melton South-2

Property Images

Lot 1322 - Toolern Waters Estate - Melton South-0 Lot 1322 - Toolern Waters Estate - Melton South-1 Lot 1322 - Toolern Waters Estate - Melton South-2
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Sep 24, 2026

Property Type: House and Land
Price: $ 714,700
Land Price: $ 350,000
Build Price: $ 364,700
Gross Per Week: $ 460
Gross Per Annum: $ 23,920
Gross Yield: 3.35%
Capital Growth 12 Months: 12.58%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 4.74%
Property Size: 206 m2
Land Area: 400 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 38825
SKU: 1001

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Toolern Waters is situated within the West-Melbourne growth corridor and combines a balance between city convenience (40 minutes to Melbourne CBD) and an easy country lifestyle.

Only minutes away, Melton Town Centre is currently being transformed to create better community spaces and the growth of local businesses.

An exciting new land and housing development adjacent to the Melton Reservoir and located within the new Toolern Precinct. Toolern Waters is a master planned community with  lots offering the perfect lifestyle for a growing family.

  • Located within the new Toolern Precinct, a major urban growth area of south-west Melton.
  • Easy access to Melbourne CBD and suburbs along the Western Freeway and the Deer Park By-pass, as well as the nearby Melton Railway Station.
  • All the facilities a family needs including transport,schools and excellent shopping centres all within close proximity to Toolern Waters.
  • Woodgrove Shopping Centre showcases a number of dining options, specialty retailers and a cinema to cater for all ages.
  • Local sporting, leisure & recreational options are exceptional with the Melton Reservoir, Melton Valley Golf Club, Melton Waves Swimming Centre & Melton Harness Racing Complex (TabCorp Park), only minutes from Toolern Waters.
Address Lot 1322 - Toolern Waters Estate - Melton South
City Melbourne
State VIC
Postcode 3338
Suburb Melton South

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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.

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