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3 Nightjar Place, Melton South$735,000
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3 Nightjar Place

Melton South, VIC 3338, Australia
$700,000 – $770,000
5 bed 5 bath 2 car

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About this property

Offering strong returns and immediate income potential, this purpose-built rooming house presents an outstanding opportunity for investors seeking a high-performing asset in a thriving Melton location. Comprising five fully furnished bedrooms, each complete with its own private ensuite, the property has been thoughtfully designed to maximise tenant appeal while minimising ongoing maintenance. Shared communal areas provide residents with comfortable and practical living spaces, creating a highly desirable accommodation offering. Currently returning approximately $250 per week per room, the property has the potential to generate around $1,250 per week or $65,000 per annum, making it an attractive addition to any investment portfolio. With strong demand for quality rooming accommodation and multiple income streams under one title, this is a rare opportunity to secure a property designed specifically for strong cash flow. Whether you're an experienced investor looking to strengthen your portfolio or seeking a high-yield asset with excellent long-term potential, this property delivers the ideal combination of income, functionality, and convenience. Secure a quality investment that works for you from day one and enjoy the benefits of a property built to maximise returns. With five income-producing rooms, strong cash-flow potential, and a new construction completed less than a year ago, this property presents a compelling opportunity for investors seeking both yield and low-maintenance ownership. *PHOTO ID REQUIRED AT ALL OPEN FOR INSPECTIONS. WE HAVE THE RIGHT TO REFUSE ENTRY SHOULD A PHOTO ID NOT BE PROVIDED* - Refer to our privacy statement for more information. We make no representation or warranty as to the accuracy, reliability or completeness of the information relating to the property. Some information has been obtained from third parties and has not been independently verified. Accordingly, no warranty, representation or undertaking, whether express or implied, is made and no responsibility is accepted by us as to the accuracy of any part of this, or any further information supplied by or on our behalf, whether orally or in writing. No entity or person guarantees the performance of the property. The information is general information only and any examples given are for illustrative purposes. The information does not take into account your individual objectives, financial situation or needs. We recommend that you obtain financial, legal and taxation advice before making any decision. Any price is not a valuation and should not be relied on or treated as such. Prices, if indicated, have been estimated based on recent market evidence in the locality for comparable properties, to the extent available. Prices may not include GST.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
5
Parking
2
Listed
4 weeks ago

Repayment calculator

$3,563/month
$1,782 /fortnight
Loan $588,000 at 6.10% over 30 years

Upfront costs

Deposit$147,000
Stamp duty$39,170
Conveyancing (est.)$2,000
Total upfront$188,170
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Melton South

This 5-bedroom house in Melton South, VIC 3338 sits within reach of public transport, local shops and nearby schools. It is listed 8% above the $682,368 median of 82 comparable houseswithin 5 km.

Schools near Melton South

  • Al Iman Collegecombined · Prep-12 · CoEd
  • Coburn Primary Schoolprimary · Prep-6 · CoEd
  • Melton South Primary Schoolprimary · Prep-6 · CoEd
  • St Anthony's Schoolprimary · Prep-6 · CoEd
  • Staughton Collegesecondary · 7-12 · CoEd

What's nearby

  • Melton 1 (train)1.5 km away
  • Coles1.7 km away
  • Melton South Recreation Reserve892 m away
  • Bill Cahill Reserve1.1 km away
  • Mount Carberry Recreation Reserve1.2 km away

Melton South at a glance

Full suburb profile
Population
11,362
Median age
35
Household income
$1,209/wk
Median rent
$300/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Melton South price trend

Median sold · House 5+ bed

Compound growth +5.9% / yr over 4 yrs

$704kcurrent median

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Full Melton South market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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