Lot 331 - Monarch - Deanside

Description

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Deanside is a rapidly developing suburb in Melbourne’s west, located about 24 km from the CBD within the City of Melton, with postcode 3336. Officially gazetted in 2017, it is one of Melbourne’s newer master-planned communities and is characterised by modern house-and-land estates, a young and growing population, and a strong family-oriented feel. 

The suburb is designed with a focus on lifestyle, featuring planned parks, open spaces, walking paths and future local amenities such as schools, shops and sporting facilities, while also benefiting from proximity to established neighbouring suburbs for everyday needs. Historically, the area formed part of a large pastoral property known as the Deanside Homestead estate, which holds heritage significance and reflects the area’s rural past. Today, Deanside is attractive to first-home buyers and investors due to its relative affordability compared with inner and middle Melbourne suburbs, ongoing infrastructure development, and long-term growth potential, although some services and facilities are still being built as the community continues to evolve.

• Property Type: Prestige House & Land
• Property Stage: N/A
• Price: $ 812,530.00
• Land Price: $ 419,000.00
• Build Price: $ 393,530.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: N/A
• Floor Plan: Cura
• Completion: N/A
• Land Size: 315
• Area Size: 177.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 540.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 540.00
• Gross Per Annum: $ 22,880.00
• Gross Yield: 3.46%
• Capital Growth 12 Months: -2.22%
• Capital Growth 10 Year Annualised: N/A
• Vacancy Rate: 8.93%