Lot 242 - Thornhill Central - Thornhill Park - AUD 640,500.00

Thornhill Park , Melbourne, VIC, 3335

$ 640,500

Thornhill Park , Melbourne, VIC, 3335
Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-0
Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-1
Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-2
Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-3

Property Images

Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-0 Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-1 Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-2 Lot 242 - Thornhill Central - Thornhill Park  - AUD 640,500.00-3

Overview

Property ID: LA-11096

  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 130

Details

Updated on Feb 20, 2025 at 01:01 pm

Property Type: House and Land
Price: $ 640,500
Land Price: $ 322,500
Build Price: $ 318,000
Gross Per Week: $ 430
Gross Per Annum: $ 21,320
Gross Yield: 3.49%
Capital Growth 12 Months: -0.79%
Capital Growth 10 Year Annualised: 5.67%
Vacancy Rate: 16.88%
Property Size: 130 m2
Land Area: 262 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: Q1 2025
Property ID: 11096
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 situated approximately 40 kilometers west of Melbourne's Central Business District (CBD). It falls within the local government area of the City of Melton.Thornhill Park is primarily a residential suburb with a mix of housing options, including detached houses, townhouses, and newer developments. The suburb has experienced significant growth in recent years, attracting families and individuals seeking affordable housing options.

There are educational facilities in and around Thornhill Park, including primary schools. Secondary education options are available in nearby suburbs such as Melton and Caroline Springs.The suburb is accessible by road. Major roads, including the Western Freeway (M8) and Melton Highway (B300), provide connectivity to Melbourne and other areas. Public transportation options include bus services operated by Public Transport Victoria.

Thornhill Park has limited shopping facilities, but residents can access larger shopping centers and retail precincts in nearby suburbs such as Melton and Caroline Springs. There are local shops and services throughout the suburb.The suburb offers parks, playgrounds, and recreational areas for residents to enjoy outdoor activities. This includes sports facilities, walking trails, and open green spaces.

The City of Melton provides various community services, including libraries, community centers, and cultural programs, enhancing the quality of life for Thornhill Park residents.

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 242 - Thornhill Central - Thornhill Park - AUD 640,500.00
City Melbourne
State VIC
Postcode 3335
Suburb Thornhill Park

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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.

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