Lot 233 Veristic Drive, Greenvale VIC 3059

Greenvale , Hume City, VIC, 3059

$ 1,050,526

Greenvale , Hume City, VIC, 3059
Dual Occupancy Investment Property in Greenvale, VIC (5.99% Yield) | Aus Investment Properties - Photo 1

Property Images

Dual Occupancy Investment Property in Greenvale, VIC (5.99% Yield) | Aus Investment Properties - Photo 1
  • Dual Occupancy
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 2
  • Cars
  • 210

Details

Updated on Oct 19, 2026

Property Type: Dual Occupancy
Price: $ 1,050,526
Land Price: $ 600,000
Build Price: $ 450,526
Gross Per Week: $ 1210**
Gross Per Annum: $ 62,920
Gross Yield: 5.99%
Capital Growth 12 Months: 1.58%
10Yr Annualised Growth: 7.26%
Vacancy Rate: 2.13%
Property Size: 210 m2
Land Area: 400 m2
Bedrooms: 4+2
Bathrooms: 2+1
Parking: 2
Title Status: Q1 2027
Property ID: 39173
SKU: 1073

Description

This Dual Occupancy in Greenvale has been carefully crafted to offer both practical living and solid returns. Featuring 4+2 bedrooms, 2+1 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.


Suburb profile:

Greenvale is a well-established suburb in Melbourne's north, valued for its quiet residential streets, parklands, and strong community atmosphere. The area offers convenient access to medical facilities, shopping centres, and public transport, supporting consistent SDA demand. Easy connectivity to major road networks allows access to Melbourne CBD and surrounding employment hubs. Investors are drawn to Greenvale for its limited SDA supply and stable long-term rental fundamentals.


Inclusions:

  • 100% fixed site costs including up to P1 class slab and piering
  • Rock excavation and removal allowance
  • All-electric home with 7-star energy rating
  • 10-year structural warranty
  • 2590mm ceiling height
  • Colorbond roof
  • 20mm stone benchtops to kitchen, bathroom, ensuite and laundry
  • Cabinetry to kitchen including above refrigerator
  • Elegant free-standing bath and designer basins and tapware
  • Extended 2000mm semi-frameless shower with tiled base
  • Front, side and rear landscaping
  • Full-share fencing
  • Concrete driveway and porch
  • Letterbox and clothesline
  • 5.0kW split-system air conditioner to family and living area
  • Blockout blinds to all windows
  • Flyscreens to all openable windows
  • Stainless steel modern inbuilt cooktop and oven with canopy rangehood and dishwasher
  • NBN connection and community infrastructure levy
  • Complimentary independent building inspections
  • All developer requirements including recycled water, rainwater tanks, eaves, BAL 12.5, facade requirements and corner treatment where required

With its blend of lifestyle appeal and investment strength, this Dual Occupancy in Greenvale is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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.

Floor plans

Dual Occupancy Investment Property in Greenvale, VIC (5.99% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 233 Veristic Drive, Greenvale VIC 3059
City Hume City
State VIC
Postcode 3059
Suburb Greenvale
Estate Viridian
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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