Lot 512 - Sunrise Estate - Deanside

Description

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Deanside is a rapidly developing suburb located about 24 km west of Melbourne’s CBD, within the City of Melton. Officially established in 2017 from parts of Rockbank and Plumpton, it has quickly attracted young families, first-home buyers, and investors. As of the 2021 Census, the suburb had a population of around 650 residents, but numbers are growing rapidly due to ongoing housing developments. 

The area is largely composed of separate houses with an average household size of three people, and most properties are owner-occupied with a mortgage. Deanside is well-connected, with quick access to the Western Freeway, making the CBD and Tullamarine Airport reachable in under 30 minutes. Rockbank and Caroline Springs train stations are just a short drive away, complemented by local bus routes. The suburb offers a family-friendly lifestyle with multiple schools such as Deanside Primary School, Creekside K–9 College, Brookside P–9 College, and Springside West Secondary College, as well as plenty of parks, playgrounds, and access to scenic walking trails along Kororoit Creek. 

Shopping needs are met by nearby centres including Caroline Springs Square, Watergardens Town Centre, and Taylors Hill Village, while dining options range from casual cafés to international cuisine. Recreational opportunities include golf courses, Melton Reservoir, Werribee Open Range Zoo, and various cultural attractions. Property prices have been steadily rising, with median house prices between $640,000 and $700,000 and rental yields around 4–4.5%, reflecting its appeal as a growth corridor. While crime rates are above the Victorian average, recent data shows a decline, and ongoing community development is helping to strengthen the area’s livability and investment potential.

• Property Type: House and Land
• Property Stage:
• Price: $ 691,600.00
• Land Price: $ 346,400.00
• Build Price: $ 345,200.00
• Beds: 4
• Bath: 2
• Garage: 1
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Novara
• Completion: N/A
• Land Size: 255
• Area Size: 148.60
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 540.00
• Est. Body Corp.: N/A
• Title Status: November 2025
• Gross Per Week: $ 540.00
• Gross Per Annum: $ 28,080.00
• Gross Yield: 4.06%
• Capital Growth 12 Months: -2.22%
• Capital Growth 10 Year Annualised: N/A
• Vacancy Rate: 8.93%