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Property Snapshot

Price From $ 309,900
Market Rent From $300p/wk
Property ID PENNY0216
Bedrooms 3
Bathrooms 2
Toilets 2
Car Spaces 1
Address Perennial Drive
Suburb Melton
State Victoria
Country Australia
Completion Date

Incoming cash flow - Growth/Yield

  • Rental Yield 5.2 %
  • Price $ 319900
3 2 2 1
Pennyroyal Estate, Melton is an exciting new community in Melbourne’s western suburbs.

Located only 38km from the Melbourne CBD, Melton offers an easy commute to the city via the Western Freeway all whilst having a quiet suburban feel at home.  Convenience plus tranquillity at its finest.

Pennyroyal Estate boasts an amazing array of outdoor activities to welcome all walks of life into a relaxing, recreational lifestyle.   Within the direct surrounds, there is Navan Park (with a Sky Surfer for teens, adventure playground and sandpit), Fitness centre with 7 pools, Golf Club, Tabcorp Park, and MacPherson Park which offers football, cricket, soccer, baseball, cycling, greyhound racing and equestrian facilities.

Properties feature 3 bedrooms, 2 bathrooms and a single lock up garage.

  • Aluminium fly screens and window locks
  • Termite treatment
  • 6 star energy insulation
  • Colorbond roofing
  • Gas hot water system
  • Split system heating and cooling
  • Remote controlled garage doors
  • Landscaping
  • Stainless steel kitchen appliances including dishwasher
  • Gas cooktop

Enquire About This Property

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Investment information

  • Council $1200 per annum
  • Water $1200 per annum

See All Properties Available For This Development on Larger Screen Devices

  • Lot
  • Price
  • Bed
  • Bath
  • Study
  • Car
  • Int/house
  • ext/land
  • Rent
  • Rental Yield
  • Availability
  • 312
  • $309900
  • 3
  • 2
  • No
  • 1
  • 125m2
  • 240m2
  • $300p/w
  • 5.03%
  • Available
  • 313
  • $309900
  • 3
  • 2
  • No
  • 1
  • 125m2
  • 240m2
  • $300p/w
  • 5.03%
  • Available
  • 314
  • $309900
  • 3
  • 2
  • No
  • 1
  • 125m2
  • 240m2
  • $300p/w
  • 5.03%
  • Available
  • 315
  • $309900
  • 3
  • 2
  • No
  • 1
  • 125m2
  • 240m2
  • $300p/w
  • 5.03%
  • Available
  • 418
  • $319900
  • 3
  • 2
  • No
  • 1
  • 123m2
  • 264m2
  • $320p/w
  • 5.20%
  • Available
  • 419
  • $319900
  • 3
  • 2
  • No
  • 1
  • 123m2
  • 264m2
  • $320p/w
  • 5.20%
  • Available
  • 423
  • $319900
  • 3
  • 2
  • No
  • 1
  • 125m2
  • 264m2
  • $320p/w
  • 5.20%
  • Available
  • 424
  • $319900
  • 3
  • 2
  • No
  • 1
  • 123m2
  • 264m2
  • $320p/w
  • 5.20%
  • Available

Project documents

Map Location

Area Details

  • Bus stop only 200m away
  • Melton train station 10min drive
  • Woodgrove Shopping Centre close by
  • Proposed adjacent shopping centre
  • Existing sporting facilities nearby as well as proposed 6ha sports reserve
  • Primary and high schools in surrounding area