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Lot 3066 Peppercorn Hill, Donnybrook VIC

Lot 3066 Peppercorn Hill, Donnybrook VIC

  • 2

    Bedrooms

  • 2

    Bathrooms

  • 1

    Car Spaces

Regular price $489,990

House & Land

Regular price Sale price $489,990
Sale Sold out
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“Donnybrook Standard Investment – Turnkey 2-Bedroom Metro E Townhome in Peppercorn Hill Estate”

Property analysis by:

Investment Highlights

  • Affordable turnkey Metro E Townhome within the master-planned Peppercorn Hill Estate in Donnybrook.
  • Functional 2-bedroom, 2-bathroom layout with a private courtyard and single-car garage — ideal for professionals and small families.
  • Delivers a strong 5.8% gross rental yield with low-maintenance appeal and steady demand from Melbourne’s northern corridor.
  • Located 31 km from Melbourne CBD with easy access to Donnybrook Station, Hume Freeway, and Merrifield City.
  • Energy-efficient construction with premium finishes and a fixed-price turnkey build — no hidden costs.
  • Title expected Q1 2026 with construction commencing immediately after registration.

Key Financials

Purchase price: $489,990 (Land + Build)
Land price: $100,660
Build price: $389,330
Configuration: 2 Bedrooms | 2 Bathrooms | 1 Car Garage
Rental appraisal: $560 per week (~$28,217.28 p.a.)
Gross yield: 5.8%
Vacancy rate: 3.1%
10-year avg. annual growth: 3.6%

Location & Growth Drivers

Peppercorn Hill Estate in Donnybrook is one of the leading developments in Melbourne’s northern growth corridor, combining modern convenience with a connected community lifestyle. The area benefits from rapid residential expansion, major transport links, and proximity to key employment precincts.

Residents enjoy access to Donnybrook Station, Merrifield City, and multiple schools, parks, and retail options. With consistent population growth and affordability relative to inner Melbourne, Donnybrook continues to deliver both strong rental performance and long-term capital appreciation.

Build Specification (Turnkey)

  • Complete turnkey home with fixed-site costs included.
  • Architectural façade and 2590 mm ceiling height to ground floor.
  • 20 mm stone benchtops to kitchen, ensuite, and bathrooms.
  • Stainless-steel appliances including cooktop, oven, and dishwasher.
  • Reverse-cycle split systems to living and bedrooms for year-round comfort.
  • Quality flooring throughout with Holland blinds and flyscreens included.
  • Colorbond sectional garage door with dual remotes.
  • Coloured concrete driveway, fencing, landscaping, clothesline, and letterbox included.
  • Energy-efficient design achieving 7-Star compliance rating.
  • Comprehensive structural warranty and post-handover maintenance coverage.