Lot 30232 Farmhill Circuit, Donnybrook VIC

“Donnybrook Rooming Investment – Class 1B Approved 5-Bedroom High-Yield Property in Melbourne’s Northern Growth Corridor”

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Investment Highlights

• Purpose-built Class 1B rooming home featuring 5 fully self-contained bedrooms, each with private ensuites and air conditioning.
• Located in Donnybrook, one of Melbourne’s fastest-growing northern growth suburbs, driven by rapid population and infrastructure expansion.
• Strong investment performance with an estimated 8.3% gross yield and rental income of approximately $71,802 per annum.
• Built to full Victorian Rooming House and SDA standards, providing long-term compliance and diversified tenant appeal.
• Fixed-price turnkey build with premium inclusions, energy-efficient construction, and low-maintenance landscaping.
• Ideal for SMSF investors seeking stable cash flow, high yield, and exposure to a rapidly appreciating growth corridor.
• Close proximity to Donnybrook Station, Merrifield City, and Hume Freeway ensures excellent connectivity and strong rental demand.

Key Financials

Purchase price: $859,950 (Land + Build)
Land price: $363,000
Build price: $496,950
Configuration: 5 Bedrooms | 5 Bathrooms | 2 Car Spaces
Rental appraisal: $1,425 per week (~$71,802.90 p.a.)
Gross yield: 8.3%
Vacancy rate: 3.1%
10-year avg. annual growth: 3.6%

Location & Growth Drivers

Donnybrook sits just 32 km north of Melbourne’s CBD within the thriving northern growth corridor, one of Victoria’s most strategically planned development zones. The suburb is benefiting from major infrastructure investment including the Donnybrook Station Upgrade, Merrifield City Expansion, and the Hume Freeway duplication works.

Strong employment links across nearby business parks, logistics hubs, and education centres continue to attract working professionals and long-term tenants. Population growth, high rental absorption, and affordable property prices make Donnybrook one of the strongest performing northern investment markets in Melbourne.

Build Specification (Turnkey Class 1B)

• Approved Class 1B design with 5 ensuite bedrooms, including 1 SDA-compliant accessible room.
• 7-Star energy rating with double-glazed windows, insulation, and efficient climate systems.
• Caesarstone benchtops, stainless-steel appliances, and soft-close cabinetry in kitchen and bathrooms.
• Split-system air-conditioning in each bedroom and the main living area for independent comfort.
• Energy-efficient heat-pump hot water system and LED lighting throughout.
• Concrete driveway, full fencing, and complete front and rear landscaping included at handover.
• Digital locks for all bedroom doors and alarm system for enhanced tenant security.
• 10-year structural warranty and 90-day maintenance period post-completion.