Lot 217 - Watsons Reach - Diggers Rest

Diggers Rest , Melbourne, VIC, 3427

$ 599,945

Diggers Rest , Melbourne, VIC, 3427
House and Land Investment Property in Diggers Rest, VIC (4.29% Yield) | Aus Investment Properties - Photo 1
House and Land Investment Property in Diggers Rest, VIC (4.29% Yield) | Aus Investment Properties - Photo 2

Property Images

House and Land Investment Property in Diggers Rest, VIC (4.29% Yield) | Aus Investment Properties - Photo 1 House and Land Investment Property in Diggers Rest, VIC (4.29% Yield) | Aus Investment Properties - Photo 2
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 117

Details

Updated on Oct 24, 2026

Property Type: House and Land
Price: $ 599,945
Land Price: $ 240,000
Build Price: $ 359,945
Gross Per Week: $ 495
Gross Per Annum: $ 25,740
Gross Yield: 4.29%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 3.08%
Property Size: 117 m2
Land Area: 176 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 42496
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.*

At Watsons Reach, we’re creating more than a new urban estate; we’re building a true community. A place where neighbours become friends, where life feels genuinely connected, and where there’s room for everyone to grow. Here, kids have space to run, horizons feel bigger, and there’s always room 
to breathe.

Life is full of compromises, but sometimes you get to do the important things your way.

Build your new life at the heart of an established, close-knit community. Diggers Rest locals love its charm, natural surroundings and welcoming atmosphere. With plenty of sporting clubs and outdoor activities, it’s a great place for an active, outdoor lifestyle.

That sense of connection has always been part 
of Diggers Rest and it’s easy to feel right at 
home here.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 217 - Watsons Reach - Diggers Rest
City Melbourne
State VIC
Postcode 3427
Suburb Diggers Rest
Region Melbourne

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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.

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