Lot 225 Pimpernel Street, Diggers Rest VIC
Diggers Rest, Greater Melbourne, VIC, 3427$ 799,180
Overview
Property ID: LA-22907
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 199
Details
Updated on May 08, 2026 at 12:26 pm
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 799,180 |
| Land Price: | $ 390,000 |
| Build Price: | $ 409,180 |
| Gross Per Week: | $ 870* |
| Gross Per Annum: | $ 45,240 |
| Gross Yield: | 5.66% |
| Capital Growth 12 Months: | -0.85% |
| Capital Growth 10 Year Annualised: | 7.92% |
| Vacancy Rate: | 1.68% |
| Property Size: | 199 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | 'December 2026 |
| Property ID: | 22907 |
| SKU: | 1069 |
Description
Discover the best of modern living with this Dual Occupancy in Diggers Rest. Offering 3+2 bedrooms, 2+1 bathrooms and 2 car space/s, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It's a versatile choice that ticks every box.
Suburb profile:
Diggers Rest sits within Melbourne's northern growth corridor and attracts renters seeking connectivity and convenience. The area offers a balanced lifestyle with access to key transport links and everyday amenities, supporting consistent rental demand. Investors value its steady population growth, evolving infrastructure, and proximity to established centres. The location complements a co-living strategy focused on occupancy stability and income resilience.
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)
This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
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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Lot 1220 Invicta Dr, Bonshaw VIC
Bonshaw, Ballarat, VIC, 3352ENQUIRE ABOUT THIS PROPERTY
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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