d36 property

The shortlist.

Five active properties across Melbourne's west and north. Newest addition is a straight split down the middle subdivision play, subject to zoning checks which so far look fine. Two go to auction next Saturday.

1 Dent Close needs the least work and is lettable from day one, with rooming house potential at six or seven rooms, seven only if the large living area takes two, plus a likely small granny flat at the rear down the track subject to site checks.

On most of these, squeezing too much out of the site leaves it feeling squashed even at 700m² plus, so at this price point the balance matters more than maximum yield.

Open any report on its own, or tick two or more and compare them side by side.

1  121 William Street
2  22 Gumtree Close
3  1 Dent Close
4  2 Simpson Street
5  20 Woodlea Crescent
T  Train station
Tick two or more to compare side by side. Currently selected: 0.

Shortlist

PropertyPriceConfigLandRentYield
121 William Street
121 William Street
St Albans VIC, 767m² block
$840k neg
Asking
5 bed, 2 bath, 6 car
Combined
767m²
Block
Mid $700s/wk
Rental estimate
~4.6%
Standard rental
Report →
22 Gumtree Close
22 Gumtree Close
St Albans VIC, 700m² court
$860 to $880k
Asking
5 bed, 4 bath, 2 car
Config
700m²
Block
Mid $600s/wk
Standard rental
~$1,680/wk
Rooming house
~3.8%
Standard rental
~9.5%
Rooming house
Report →
1 Dent Close
1 Dent Close
Craigieburn VIC, 655m² court
$620 to $680k
Auction range
4 bed, 2 bath, 2 car
Config
655m²
Court block
~$611/wk
Standard rental
$1,470 to $1,715/wk
Rooming house
~4.9%
Standard rental
~11.2 to 13.0%
Rooming house
Report →
2 Simpson Street
2 Simpson Street
Sunshine North VIC, 615m² block
$670 to $720k
Auction range
4 bed, 2 bath, 4 car
Config
615m²
Block, 15m frontage
Mid $600s/wk
Main, post reno est
~5.6 to 6.2%
Standard rental
Report →
20 Woodlea Crescent
20 Woodlea Crescent
Craigieburn VIC, 891m² block
$830k
Value, offer $810k to $815k
4 bed, 2 bath, 2 car + media room
Config
891m²
Block
Rare 26m double fronted, side by side split STCA
~$620/wk
Standard rental
~$1,470/wk
Rooming house
~3.9%
Standard rental
~8.9%
Rooming house
Report →

Inactive

3No longer in play. Kept for reference and comparison.
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PropertyPriceConfigLandRentYield
12 Gresford Street
12 Gresford Street
Sunshine North VIC, 627m² block
Low $800s max
Target buy
4 bed, 1+1 bath
Current
627m²
Block
~$700/wk
Renovated rent
~4.5%
Standard rental
Report →
4 Walsh Street
4 Walsh Street
Sunshine North VIC, 413m² corner
High $800s
Asking
4 bed, 2 bath
Already in
413m²
Corner block
$670 to $730/wk
Standard rental
$1,440 to $1,800/wk
Rooming house
~3.7%
Standard rental
~8.5 to 10.6%
Rooming house
Report →
7 Tullaroop Court
7 Tullaroop Court
St Albans VIC, quiet cul de sac
$730 to $750k
Asking
4 bed, 2 bath
Two levels
608m²
Block
$600 to $650/wk
As is rent
~4.3%
Standard rental
Report →