Lot 148 Balsam Loop, Thornhill Park VIC
Thornhill Park, Greater Melbourne, VIC, 3335$ 759,180
Overview
Property ID: LA-22900
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 199
Details
Updated on May 06, 2026 at 04:44 pm
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 759,180 |
| Land Price: | $ 355,000 |
| Build Price: | $ 404,180 |
| Gross Per Week: | $ 870* |
| Gross Per Annum: | $ 45,240 |
| Gross Yield: | 5.96% |
| Capital Growth 12 Months: | -0.79% |
| Capital Growth 10 Year Annualised: | 5.67% |
| Vacancy Rate: | 16.88% |
| Property Size: | 199 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | 'Titled |
| Property ID: | 22900 |
| SKU: | 1069 |
Description
Positioned in the sought-after suburb of Thornhill Park, this Dual Occupancy offers a forward-looking investment opportunity. With 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it blends contemporary design with low-maintenance living. Its modern features appeal to today's market, while its location supports long-term value growth. Whether you're expanding your portfolio or stepping into property investment, It's well suited for future-ready buyers. A property that offers both confidence and opportunity.
Suburb profile:
Thornhill Park is a growing suburb within Melbourne's west corridor, popular for its modern estates and improving community facilities. It is positioned near transport links and established retail and services in the wider Melton area. Ongoing residential development is supporting strong tenant demand and future capital growth. Investors choose Thornhill Park for value, connectivity and expanding infrastructure.
Inclusions:
- Fixed price house and land package
- Modern front facade as per selected design
- 20mm stone benchtops to kitchen, bathrooms and laundry
- Waterfall island benchtop (design dependent)
- Quality Technika appliances including cooktop, oven, rangehood and dishwasher
- Soft-close cabinetry throughout kitchen and bathrooms
- Walk-in pantry and built-in pantry cabinetry (design dependent)
- LED downlights to main living areas and porch
- Split system air conditioning to main living area
- Data and NBN-ready connection package
- Modern slimline light switches
- Timber laminate flooring to main living areas
- Carpet with quality underlay to bedrooms
- Three-coat paint system throughout
- Blinds and flyscreens to all windows
- Freestanding bath (design dependent)
- 2590mm high ceilings
- Fully landscaped front and rear yards
- Coloured concrete driveway
- Fencing, clothesline and letterbox
- Brick infills above windows and garage door
- 7-star energy rating compliant
- Developer and estate requirements included (where applicable)
Offering a blend of functionality, style and growth potential, this Dual Occupancy in Thornhill Park is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Address
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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