Lot 650 Jester Drive Cobblebank, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 975,999

Cobblebank, Melton, VIC, 3338
Lot 650 Jester Drive Cobblebank, VIC 3338-0

Property Images

Lot 650 Jester Drive Cobblebank, VIC 3338-0
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 177

Details

Updated on Aug 18, 2026

Property Type: House and Land
Price: $ 975,999
Land Price: $ 596,000
Build Price: $ 379,999
Gross Per Week: $ 500**
Gross Per Annum: $ 26,000
Gross Yield: 2.66%
Capital Growth 12 Months: 12.58%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 4.74%
Property Size: 177 m2
Land Area: 648 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Titled
Property ID: 34634
SKU: 1045

Features

  • Reverse Cycle Split System to Living
  • Alarm System
  • Downlights throughout
  • Floor Coverings as per specification
  • Fly Screens and fly doors
  • Window furnishings
  • Dishwasher
  • Clothesline & Letterbox
  • Fencing & Driveway
  • Fully landscaped front & rear

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This House in Cobblebank has been carefully crafted to offer both practical living and solid returns. Featuring 4 bedrooms, 2 bathrooms and 2 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.

Cobblebank is an emerging master planned suburb within Melbourne's western growth corridor, located approximately 40km from the CBD. Part of the City of Melton, it benefits from Cobblebank Train Station and convenient access to the Western Freeway, providing strong connectivity. Significant government investment in education, health and community infrastructure, including the future Melton Hospital and expanding retail precincts, is driving sustained growth. As residential development continues to expand, Cobblebank is experiencing increasing housing demand supported by infrastructure and population growth.

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

floor_plan.png
Address Lot 650 Jester Drive Cobblebank, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate WILLOWSTONE / 6

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ENQUIRE ABOUT THIS PROPERTY

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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

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