Lot 1344 - Toolern Waters Estate - Melton South
Melton South, Melbourne, VIC, 3338$ 738,900
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 165
Details
Updated on Sep 10, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 738,900 |
| Land Price: | $ 350,000 |
| Build Price: | $ 388,900 |
| Gross Per Week: | $ 460 |
| Gross Per Annum: | $ 23,920 |
| Gross Yield: | 3.24% |
| Capital Growth 12 Months: | 12.58% |
| 10Yr Annualised Growth: | 9.88% |
| Vacancy Rate: | 5.80% |
| Property Size: | 165 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | N/A |
| Property ID: | 26884 |
| SKU: | 1001 |
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.
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Lot 343 - Starling Estate - Officer
Officer , Melbourne, VIC, 3809ENQUIRE 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.