Lot 303 Splitters Road, Diggers Rest VIC 3427

Lot 303 Splitters Road, Melton, VIC, Australia, 3427

$ 623,500

Lot 303 Splitters Road, Melton, VIC, Australia, 3427
House and Land property at Lot 303 Splitters Road, Diggers Rest VIC

Property Images

House and Land property at Lot 303 Splitters Road, Diggers Rest VIC
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 116

Details

Updated on Nov 13, 2026

Property Type: House and Land
Price: $ 623,500
Land Price: $ 290,000
Build Price: $ 333,500
Gross Per Week: $ 500*
Gross Per Annum: $ 26,000
Gross Yield: 4.17%
Capital Growth 12 Months: -2.48%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 3.08%
Property Size: 116 m2
Land Area: 212 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Land Title Date: December 2026
Property ID: 44973
SKU: 1074

Description

This brand new house and land property in Diggers Rest offers 3 bedrooms, 2 bathrooms and a single garage, in a single-storey layout suited to a wide pool of tenants. The home spans 116 m2 of internal living on a 212 m2 allotment, with open-plan living and a low-maintenance footprint. Land titles are expected around December 2026, giving investors a clear timeline from contract to completion. With an estimated rental return of $500 per week, this house and land property is positioned to deliver steady income for a growing portfolio.

Diggers Rest is a growing township in the City of Melton on Melbourne's north-western fringe, with its own station on the Sunbury rail line and access to the Calder Freeway. New estates are adding homes alongside the established town, close to Sunbury and Melbourne Airport. Growth in Melbourne's north-west supports rental demand from families and commuters. For investors, Diggers Rest offers new housing with rail access in a growing corridor.


A Traditional Family Home typically features 3–4 bedrooms, offering ample space for comfort and privacy.

Designed with family living in mind, these homes often include generous living areas, a master suite, and outdoor spaces for relaxation and entertainment.

Ideal for families seeking a blend of classic design and modern amenities.

Investing in a Traditional Family Home with 3–4 bedrooms offers robust rental demand and potential for long-term capital growth.

These properties appeal to families looking for space, comfort, and community, making them a stable addition to any investment portfolio.

Features

LAYOUT

  • 3 bedrooms.
  • 2 bathrooms.
  • Ensuite.

HOME

  • Single storey.
  • Open-plan living.
  • Single garage.

Inclusions

FIXED SITE COSTS

  • Up to P Class Concrete Slab including Bored Piers
  • 2590mm Ceiling Height throughout the interior of the home
  • 900mm Kitchen Appliances
  • 3 Phase Power
  • 7 Star Energy Rating
  • 3.5kW Solar PV System
  • Double Glazed Windows
  • Alarm System

INCLUDED AS STANDARD

  • 20mm polished edge low-silica stone Kitchen Benchtop
  • 20mm polished edge low-silica stone Bathroom and Ensuite Vanity Benchtops
  • Split System Air Conditioning
  • Back to Wall Freestanding Bath
  • Front and Rear Landscaping
  • Full Share Fencing to Sides and Rear Boundary
  • Blinds
  • Flyscreens

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 303 Splitters Road, Diggers Rest VIC 3427
City Melton
State VIC
Postcode 3427
Suburb Diggers Rest
Estate Watsons Reach

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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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