Lot 224 - The Murray - Thornhill Park

Thornhill Park, Melbourne, VIC, 3335

$ 724,950

Thornhill Park, Melbourne, VIC, 3335
Lot 224 - The Murray - Thornhill Park-0
Lot 224 - The Murray - Thornhill Park-1
Lot 224 - The Murray - Thornhill Park-2
Lot 224 - The Murray - Thornhill Park-3

Property Images

Lot 224 - The Murray - Thornhill Park-0 Lot 224 - The Murray - Thornhill Park-1 Lot 224 - The Murray - Thornhill Park-2 Lot 224 - The Murray - Thornhill Park-3

Overview

Property ID: LA-16968

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 188

Details

Updated on Aug 14, 2025 at 01:00 am

Property Type: House and Land
Price: $ 724,950
Land Price: $ 350,000
Build Price: $ 374,950
Gross Per Week: $ 976
Gross Per Annum: $ 50,752
Gross Yield: 7.00%
Capital Growth 12 Months: -0.79%
Capital Growth 10 Year Annualised: 5.67%
Vacancy Rate: 16.88%
Property Size: 188 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Registered
Property ID: 16968
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.*

Thornhill Park is a master-planned suburb within the City of Melton, located approximately 32 km west of Melbourne's CBD, officially gazetted in 2017. Hosting around 3,066 residents at the 2021 Census, it’s a fast-growing community—its population surged roughly 36% over a year, and is forecast to nearly triple by 2028.

The community is notably youthful—with a median age of 29—and culturally diverse, welcoming many families from Indian, Filipino, and Punjabi backgrounds among other.Thornhill Park’s design centres around green space and wetland infrastructure—with landscaped buffers, boardwalks, and the engineered retarding basin serving both flood control and recreation.

Transport-wise, residents enjoy good access to the Western Freeway, while Rockbank train station lies about 2.3 km away. Multiple bus routes link to nearby suburbs, though locals frequently report delays or indirect access—often having to perform lengthy U‑turns just to reach freeway ramps, reflecting lagging infrastructure compared to population growth.

The suburb provides emerging amenities: Thornhill Park Primary School, a children’s and community centre, local IGA shops, dental clinics, fitness facilities, and early‑learning centres. A full town centre, café precinct, and additional school infrastructure are under construction or in planning stages.

House prices remain relatively affordable in comparison to inner Melbourne, typically ranging from A$500K to 600K, and rents average around A$350–400/week. Young professionals, first-home buyers, and families moving into modern estates populate the area, with growth driven by demand for more spacious lifestyle within reasonable commuting distance.

In essence, Thornhill Park offers a young, multicultural residential setting with abundant new housing, green infrastructure, and evolving local services. While connectivity and amenity gaps remain, ongoing infrastructure development and population momentum signal increasing suburban appeal.

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 Lot 224 - The Murray - Thornhill Park
City Melbourne
State VIC
Postcode 3335
Suburb Thornhill Park

Similar Listings

Featured
Co-Living
  • $ 661,985
Gross Return
$ 43,680
Gross Yield
6.60%
Capital Growth
4.73%
Vacancy Rate
2.46%

Lot 601 Tranquility Crescent, Armstrong Creek VIC

Armstrong Creek, Geelong, VIC, 3217
  • 3 Bedrooms
  • 3 Bathrooms
  • 1Cars
Co-Living
Featured
SMSF Co-Living
  • $ 1,281,000
Gross Return
$ 94,640
Gross Yield
7.39%
Capital Growth
6.29%
Vacancy Rate
2.14%

Lot 6 Reni Street, Lara VIC

Geelong, VIC, 3212
  • 7 Bedrooms
  • 7 Bathrooms
  • 2Cars
SMSF Single Contract
  • $ 832,150
Gross Return
$ 26,000
Gross Yield
3.50%
Capital Growth
6.02%
Vacancy Rate
2.30%

Lot 2549 - Botanical Estate - Mickleham

Mickleham, Melbourne, VIC, 3064
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
  • $ 765,570
Gross Return
$ 26,000
Gross Yield
3.40%
Capital Growth
6.02%
Vacancy Rate
2.30%

Lot 2547 - Botanical Estate - Mickleham

Mickleham, Melbourne, VIC, 3064
  • 3 Bedrooms
  • 2 Bathrooms
  • 2Cars

Sold Listings

Featured
SMSF Co-Living Rental Guarantee
  • $ 765,000
Sold
Gross Return
$ 67,600
Gross Yield
8.84%
Capital Growth
5.55%
Vacancy Rate
2.86%

Lot S1226 Springridge Estate, Wallan VIC

Mitchell Shire, VIC, 3756
  • 5 Bedrooms
  • 5 Bathrooms
  • 2Cars
SMSF Single Contract
Featured
SMSF Duplex
  • $ 869,990
Sold
Gross Return
$ 36,400
Gross Yield
4.18%
Capital Growth
8.09%
Vacancy Rate
1.00%

Lot S220-B Lilypilly Street, Collingwood Park QLD

Collingwood Park, Ipswich, QLD, 4301
  • 4 Bedrooms
  • 2 Bathrooms
  • 2Cars
SMSF Single Contract
Featured
SMSF Duplex
  • $ 769,990
Sold
Gross Return
$ 31,200
Gross Yield
4.05%
Capital Growth
7.48%
Vacancy Rate
1.14%

Lot S82-A New Road, Morayfield QLD

Morayfield, Moreton Bay, QLD, 4506
  • 3 Bedrooms
  • 2 Bathrooms
  • 1Cars
SMSF Single Contract
Featured
SMSF Duplex
  • $ 759,990
Sold
Gross Return
$ 31,200
Gross Yield
4.11%
Capital Growth
7.48%
Vacancy Rate
1.14%

Lot S82-B New Road, Morayfield QLD

Morayfield, Moreton Bay, QLD, 4506
  • 3 Bedrooms
  • 2 Bathrooms
  • 1Cars
SMSF Single Contract

ENQUIRE 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.
Buy Property Banner

Search 1000'S Of Off-Market Investment Properties!

SQM Research Logo

SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

Compare listings

Compare