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Lot 619 - Willow Stone Estate - Melton
Melton, Melbourne, VIC, 3337$ 553,644
Overview
Property ID: LA-18734
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 117
Details
Updated on Oct 07, 2025 at 02:00 am
Property Type: | House and Land |
---|---|
Price: | $ 553,644 |
Land Price: | $ 224,994 |
Build Price: | $ 328,650 |
Gross Per Week: | $ 437 |
Gross Per Annum: | $ 22,724 |
Gross Yield: | 4.10% |
Capital Growth 12 Months: | 0.94% |
Capital Growth 10 Year Annualised: | 6.69% |
Vacancy Rate: | 1.56% |
Property Size: | 117 m2 |
Land Area: | 179 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 2 |
Parking: | 1 |
Title Status: | Q4 2025 |
Property ID: | 18734 |
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.*
Melton is a growing suburb located about 35 to 37 kilometres west of Melbourne’s Central Business District, within the City of Melton local government area. It sits on the rural-urban fringe, transitioning from open farmland to rapidly developing suburban areas. As of the 2021 census, Melton had a population of around 7,953 people, though the broader City of Melton continues to experience significant population growth and is projected to exceed 480,000 residents by 2051. The area is popular among young families due to its affordability, spacious blocks, and family-friendly environment.
Melton offers a good range of local amenities, including major shopping centres such as Woodgrove Shopping Centre and several supermarkets, specialty shops, and dining options. Education facilities are well established, with schools like Melton Secondary College, St Anthony’s School, and Melton South Primary School catering to local students. The suburb also provides a number of parks, trails, and recreational spaces, including the Melton Botanic Garden, contributing to a pleasant suburban lifestyle.
Transport links are convenient, with road access via the Western Freeway and a rail line connecting Melton to Melbourne, although there are ongoing upgrades planned for the Melton rail corridor to improve services. The Victorian Government has prioritised Melton for suburban revitalisation, with projects aimed at improving the town centre, public spaces, and community infrastructure.
Housing in Melton remains more affordable compared to inner Melbourne, attracting first-home buyers and investors alike. The suburb features a mix of older homes and new residential estates as the area continues to expand. However, rapid growth has also brought challenges, particularly with infrastructure and service delivery lagging behind demand. Traffic congestion and longer commute times are common concerns among residents, and while the suburb has all essential amenities, lifestyle and entertainment options are still developing. Overall, Melton offers an affordable, family-oriented community with strong potential for future growth as infrastructure and amenities continue to evolve.
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
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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.