Lot 254 Bayberry Street, Thornhill Park VIC
Melbourne, VIC, 3335$ 745,500
Overview
Property ID: LA-21463
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 200
Details
Updated on Mar 11, 2026 at 07:39 pm
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 745,500 |
| Land Price: | $ 355,000 |
| Build Price: | $ 390,500 |
| Gross Per Week: | $ 850* |
| Gross Per Annum: | $ 44,200 |
| Gross Yield: | 5.92% |
| Capital Growth 12 Months: | -0.79% |
| Capital Growth 10 Year Annualised: | 5.67% |
| Vacancy Rate: | 16.88% |
| Property Size: | 200 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 1+1 |
| Title Status: | Titled |
| Property ID: | 21463 |
| SKU: | 1069 |
Description
This Dual Occupancy in Thornhill Park presents a rare opportunity to secure a modern, high-growth investment. Featuring 3+2 bedrooms, 2+1 bathrooms and 1+1 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Suburb profile:
Thornhill Park is a rapidly growing suburb in Melbourne’s western growth corridor known for its modern estates and strong infrastructure investment. The area offers convenient access to schools, parklands, and major road connections linking residents to Caroline Springs and the Melbourne CBD. Ongoing residential development and new community facilities continue to attract both families and investors. With increasing demand and expanding amenities, Thornhill Park presents strong long term growth potential.
Inclusions:
- 20mm polished edge asphaltic concrete stone benchtops to kitchen, ensuite, bathroom and laundry
- Waterfall end to kitchen island benchtop
- Soft close cabinetry throughout kitchen and bathrooms
- Technika appliance pack including cooktop, canopy rangehood, oven and dishwasher
- LED downlights to all internal rooms and porch
- Reverse cycle split system to family room
- Data package (Fibre optic NBN ready)
- Landscaping design
- External colour concrete driveway
- Timber paling fencing to boundary
- Fold down clothesline and letterbox
- Blinds and flyscreens to all windows
- 2590mm ceilings
With its blend of lifestyle appeal and investment strength, this Dual Occupancy in Thornhill Park 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.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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