Lot 650 - Willowstone - Cobblebank

Cobblebank, Melbourne, VIC, 3338

$ 988,499

Cobblebank, Melbourne, VIC, 3338
Lot 650 - Willowstone - Cobblebank -0
Lot 650 - Willowstone - Cobblebank -1

Property Images

Lot 650 - Willowstone - Cobblebank -0 Lot 650 - Willowstone - Cobblebank -1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 197

Details

Updated on Aug 19, 2026

Property Type: House and Land
Price: $ 988,499
Land Price: $ 596,000
Build Price: $ 392,499
Gross Per Week: $ 470
Gross Per Annum: $ 24,440
Gross Yield: 2.47%
Capital Growth 12 Months: 12.58%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 4.74%
Property Size: 197 m2
Land Area: 648 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: N/A
Property ID: 34935
SKU: 1001

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Cobblebank is a rapidly developing suburb situated approximately 33 km west of Melbourne's CBD, within the City of Melton. 

Cobblebank is designed with families and professionals in mind, offering a blend of suburban tranquility and urban convenience. The suburb features a mix of modern housing developments and green spaces, with seven parks covering nearly 3.6% of its 8.7 square kilometer area . The community is diverse, with a predominant age group of 30-39 years, and households are primarily couples with children 

The Cobblebank Metropolitan Activity Centre (CMAC) is a focal point for the suburb's growth, envisioned as a vibrant hub for shopping, entertainment, and community services . The area includes the Cobblebank Village Shopping Centre, providing residents with essential retail options. Additionally, the Cobblebank Community Services Hub offers accessible services such as mental health support, disability services, and family assistance programs .

Cobblebank boasts excellent transport links, enhancing its appeal to commuters. The Cobblebank railway station, opened in December 2019, is part of the Ballarat line and offers regular V/Line services to Melbourne's Southern Cross Station . The station features two platforms connected by an accessible pedestrian overpass, a sealed car park with 190 spaces, and a bus interchange . Additionally, the suburb is serviced by the FlexiRide Melton South, a demand-responsive bus service connecting residents to key local destinations .

Cobblebank's property market reflects its growth trajectory. As of recent data, the median house price stands at approximately $625,000, with a variety of properties available for both sale and rent . The suburb's development plans and infrastructure investments continue to attract homebuyers and investors alike.

While Cobblebank is still developing its educational infrastructure, residents have access to a range of schools in the surrounding areas. Nearby educational institutions include Melton South Primary School, Staughton College, and Al Iman College. As the suburb grows, additional schools and educational facilities are anticipated to meet the needs of the expanding population.

Residents of Cobblebank enjoy access to various parks and recreational areas. The suburb's design incorporates green spaces to promote outdoor activities and community engagement. Future developments aim to enhance these offerings, providing more opportunities for leisure and recreation.

Cobblebank's strategic planning and ongoing development position it as a suburb with significant potential. The integration of residential, commercial, and recreational spaces, coupled with robust transport infrastructure, supports a vision of a self-sustained and connected community. As projects like the CMAC progress, Cobblebank is set to become a prominent destination in Melbourne's west.Melton City Council

Summary: Cobblebank offers a balanced lifestyle with its blend of modern amenities, transport connectivity, and community-focused development. Its growth trajectory and strategic planning make it an attractive option for those seeking a dynamic and evolving suburb in the Melbourne metropolitan area.

Address Lot 650 - Willowstone - Cobblebank
City Melbourne
State VIC
Postcode 3338
Suburb Cobblebank

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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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