Lot 60444 Russala St, Kalkallo VIC (Cloverton Estate)

“Kalkallo Standard Investment – Turnkey 4-Bedroom Home in Cloverton Estate”

Property analysis by:

Investment Highlights

• Premium turnkey 4-bedroom home located in Stockland’s Cloverton Estate — Victoria’s largest master-planned community.
• Strategically positioned within Melbourne’s northern growth corridor, surrounded by major infrastructure, transport, and employment hubs.
• Fixed-price, full turnkey package with 7-Star energy efficiency, landscaping, fencing, blinds, and driveway included.
• Strong rental appeal in a rapidly growing family area supported by modern amenities and population expansion.
• Excellent accessibility to Donnybrook Station, Hume Freeway, Merrifield City, and future Cloverton Town Centre.
• Designed to attract long-term tenants seeking quality new housing with convenience and affordability.

Key Financials

Purchase price: $686,150 (Land + Build)
Land price: $304,000
Build price: $382,150
Configuration: 4 Bedrooms | 2 Bathrooms | 2 Car Garage
Rental appraisal: $550 per week (~$27,713.40 p.a.)
Gross yield: 4.0 %
Vacancy rate: 3.1 %
10-year avg. annual growth: 5.8 %

Location & Growth Drivers

Kalkallo is situated approximately 30 km north of Melbourne’s CBD and forms part of the city’s booming northern growth corridor. The area continues to experience rapid development with significant investment in infrastructure, housing, and employment zones. Stockland’s Cloverton Estate will feature a future city centre, schools, parks, and retail precincts, creating a self-sustained community and strong long-term capital growth prospects.

The suburb’s proximity to Donnybrook Train Station, Merrifield Business Park, and the Hume Freeway provides residents with exceptional connectivity and lifestyle convenience. With a current vacancy rate of just 3.1 % and ongoing demand from families and professionals, Kalkallo remains a strong performer in Melbourne’s affordable new-home investment market.

Build Specification (Turnkey)

• Full turnkey inclusions – ready to lease or occupy upon completion.
• 7-Star energy-rated construction with 2590 mm ceiling height and double glazing.
• Refrigerated heating and cooling system for year-round comfort.
• Stone benchtops to kitchen, bathrooms, and laundry with premium cabinetry.
• 900 mm stainless-steel appliances, dishwasher, and tiled splashback included.
• Hybrid timber flooring in living areas and high-quality carpets to bedrooms.
• Coloured concrete driveway, fencing, letterbox, clothesline, and full landscaping included.
• LED lighting, window furnishings, and alarm system for added value and security.
• 10-year structural warranty and 90-day maintenance period post-handover.