Lot 2838 Olivine Estate, Donnybrook VIC
Donnybrook, Melbourne, VIC, 3064$ 899,990
Overview
Property ID: LA-20767
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 2
- Cars
- 213
Details
Updated on Mar 23, 2026 at 11:21 am
| Property Type: | Dual Occupancy |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 899,990 |
| Land Price: | $ 385,000 |
| Build Price: | $ 514,990 |
| Gross Per Week: | $ 1,050 |
| Gross Per Annum: | $ 54,600 |
| Gross Yield: | 6.06% |
| Capital Growth 12 Months: | 0.85% |
| Capital Growth 10 Year Annualised: | 6.02% |
| Vacancy Rate: | 2.30% |
| Property Size: | 213 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 20767 |
| SKU: | 1026 |
Description
This Dual Occupancy in Donnybrook presents a rare opportunity to secure a modern, high-growth investment. Featuring 3+2 bedrooms, 2+1 bathrooms and 2 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:
Donnybrook is a rapidly developing suburb in Melbourne’s north, attracting strong interest from tenants and investors. The area benefits from new masterplanned estates, proximity to the Hume Freeway, and access to Donnybrook Train Station for CBD commuting. Ongoing infrastructure investment continues to support strong rental demand and long-term growth in Donnybrook.
Inclusions:
- Stainless steel kitchen appliances including dishwasher
- 2.55m ceiling heights throughout
- Laminate flooring to living areas
- Quality carpet to all bedrooms
- Air-conditioning as per plans
- LED downlights throughout
- Ceiling fans to living areas and bedrooms
- Driveway, fencing, garden taps, and turf to front and rear
- Clothesline, letterbox, antenna, and blinds
- Site works, council charges, and standard construction costs included
With its blend of lifestyle appeal and investment strength, this Dual Occupancy in Donnybrook 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