Lot 216 16 Toolern Drive, Mernda VIC 3754
Mernda, Whittlesea, VIC, Australia, 3754$ 765,000
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 164
Details
Updated on Oct 15, 2026
| Property Type: | House and Land |
|---|---|
| Price: | $ 765,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 530 |
| Gross Per Annum: | $ 27,560 |
| Gross Yield: | 3.6% |
| Capital Growth 12 Months: | 8.40% |
| 10Yr Annualised Growth: | 8.60% |
| Vacancy Rate: | 1.28% |
| Property Size: | 164 m2 |
| Land Area: | 336 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Completed |
| Property ID: | 39766 |
| SKU: | 1065 |
Description
Established investment property in Mernda. This completed single-storey 4-bedroom, 2-bathroom home offers 164 m2 of living on a 336 m2 lot, with a double garage, stone benchtops, gas ducted heating, evaporative cooling and landscaping.
Mernda is an established growth suburb in the City of Whittlesea in Melbourne's north, around 30 km from the CBD. Mernda Station provides direct rail access to the city, and local shopping centres, schools, sporting reserves and parklands serve a growing residential population.
This completed home is offered at $765,000 with vacant possession, with a rental appraisal of up to $530 per week.
A single-storey home with 4 bedrooms, open-plan living and a double garage appeals to family tenants, supporting steady rental demand.
For investors, a completed house in Melbourne's north offers immediate rental income potential and a low-maintenance addition to an investment portfolio.
Features
- 2 Car
- Single Storey
- 2 Bath
- House & Land
- 4 Bed
Inclusions
- stone benchtops
- carpet to bedrooms
- Fencing
- Stone benchtops
- 600mm stainless steel dishwasher
- LED downlights
- Gas ducted heating
- Carpet to bedrooms
- LED Downlights
- Laminate flooring to main areas
- Window coverings throughout
- Landscaping
- Semi-framed shower screens
- Evaporative ducted cooling
- fencing
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Lot 3499 - Flagstone Estate - Flagstone - AUD ...
Flagstone, Logan City, QLD, 4280ENQUIRE ABOUT THIS PROPERTY
Why Buy With Aus Investment Properties?
- Dedicated In-house Project Manager.
- High-yielding properties.
- Independent rental assessment.
- Full turnkey properties, 'Ready to Rent'.
- Brand new properties with builders warranty.
- High quality, highly specified properties.
- Tax and depreciation benefits from new properties.
- Buy direct from the builder.
- Investor or SMSF.
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.