Property Highlight – Deanside, Melbourne, Vic
House with 4 bedrooms, 2.5 bathrooms, double lock up garage
188sqm internal, 106sqm external
$700,000
Owner-occupier grade real estate
Rental Range circa $500pw (only set to improve given the market)
Circa 4% Gross Yield
Completing this month!
Location
Deanside is a new and exciting suburb in the City of Melton. With major growth in the coming years, this is the new place to be in Melbourne’s West.
Melbourne West is the fastest growing region in Victoria, driven by key infrastructure development and relative affordability.
Deanside is just:
- 8 mins drive to Rockbank train station
- 6 mins drive to Carolyn Springs Shopping Centre
- 32 km to Melbourne CBD
- 22 km Melbourne Airport
- 500m to Western Freeway
It’s a great location close to everything residents need.
4 top reasons to invest in Deanside
- Location – sports fields, shopping, parks, cafes, restaurants, schools. This is a prime location for growing families.
- Connectivity – with multiple train stations, buses and main roads to get you where you want to be, this is a well-connected suburb.
- Growth – with unprecedented growth expected in the coming years, Deanside will be a hub of activity. 21% capital growth over last 12 months (based on figures from realestate.com.au), Forecast 296% population growth by 2050.
- Families – Deanside is home to nearly 6,500 people in 2023 with roughly 83% of homes being family dwellings.
The property
These homes are built with families in mind – perfect for the demographics of the area. Key features include:
- Master bedroom with ensuite and huge robe
- 2.7m ceiling heights
- Engineered timber flooring
- Ducted heating and cooling throughout
- Remote controlled double garages
- Upgraded kitchen with 40mm stone and waterfall edges
- Floor-to-ceiling tiling in bathrooms
- Upgraded matte black tapware, hinges, door handles throughout
- Loads of storage
- Walk-in laundry with customised joinery
The property is fully turnkey including window coverings, letterbox, fencing – ready for your tenants to move in and start paying rent!
If this investment opportunity interests you, please get in touch.