Xcellerate Properties

Lot 313 - Willow Spring - Rockbank

Rockbank, Melbourne, VIC, 3335

Lot 313 - Willow Spring - Rockbank

Rockbank, Melbourne, VIC, 3335

Description

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

Rockbank is a rapidly developing suburb located approximately 28 kilometers west of Melbourne's Central Business District, within the City of Melton. Historically a rural area characterized by large volcanic rocks and red soil, Rockbank has transformed into a burgeoning residential community, attracting families and investors alike. 

The suburb offers essential amenities to its residents. Educational needs are served by Rockbank Primary School, catering to students from kindergarten to Year 6, along with a local kindergarten and multiple childcare facilities. For recreational activities, the Ian Cowie Recreation Reserve is home to the Western Rams Football and Netball Club, providing opportunities for community engagement and sports.  

While Rockbank itself has limited shopping facilities, residents have convenient access to nearby shopping centers. The Cobblebank Village and Woodgrove Shopping Centre in Melton offer a range of retail stores, supermarkets, and dining options, ensuring that daily necessities and leisure activities are within easy reach.

Transportation in Rockbank is well-supported. The Rockbank railway station, upgraded in 2019 as part of the Regional Rail Revival project, provides V/Line services to Melbourne's Southern Cross Station and regional destinations like Ballarat and Ararat. Additionally, bus routes 444 and 456 connect Rockbank to neighboring suburbs, enhancing mobility for residents.

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Location

  • Address:

  • State/County:

  • Rockbank

  • VIC

  • City:

  • Zip:

  • Melbourne

  • 3335

  • Area:

  • Country:

  • Rockbank

  • N/A

Property Details

Property ID:

37369

Price:

$ 590,987.00

Land Price:

$ 250,000.00

Build Price:

$ 340,987.00

Gross Return:

$ 23,920.00

Gross Yield:

4.05%

Property Size:

137.54

Capital Growth 12 Months:

5.00%

Capital Growth 10 Year Annualised:

5.99%

Vacancy Rate:

9.81%

Property Type:

House and Land

Property Status:

N/A

Weekly Rent:

$ 460.00

Rooms :

3

Bedrooms :

3

Study Rooms :

N/A

Bathrooms :

2

Garage :

1

Garage Size :

N/A

Storeys :

N/A

Title Status :

Registered

Estate :

Willow Spring

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