Lot 1372 - Toolern Waters Estate - Melton South
Weir Views, Melbourne, VIC, 3338$ 638,230
Overview
Property ID: LA-21075
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 148
Details
Updated on Mar 28, 2026 at 04:00 am
| Property Type: | House and Land |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 638,230 |
| Land Price: | $ 290,000 |
| Build Price: | $ 348,230 |
| Gross Per Week: | $ 450 |
| Gross Per Annum: | $ 23,400 |
| Gross Yield: | 3.67% |
| Capital Growth 12 Months: | -0.86% |
| Capital Growth 10 Year Annualised: | 6.78% |
| Vacancy Rate: | 4.55% |
| Property Size: | 148 m2 |
| Land Area: | 272 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | N/A |
| Property ID: | 21075 |
| 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.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 1372 - Toolern Waters Estate - Melton South
City
Melbourne
State
VIC
Postcode
3338
Suburb
Weir Views
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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
