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VIC › Strathtulloh › Saltaire Dr

24 Saltaire Dr, Strathtulloh VIC 3338

For saleHouse for Sale

$685,000–$750,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

447 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $685,000–$750,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $685,000–$750,000(Listing record · 26 Aug 2026)
  • FactLand 447 m²; no building size recorded.(Property record)
  • CalculationAsk is 10% above the Strathtulloh median recorded sale ($625,000, n=172, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Strathtulloh's advertised median rent ($493/wk), implied gross yield would be 3.74% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$685,000–$750,000

Asking range · $1,532/m² of land

No recorded sale for this property.

Strathtulloh at a glance

8,527

People

$625,000

Median sale

$493/wk

Median rent

4.10%

Suburb gross yield

Median sale from 172 recorded sales (last 12 months) — a Districts calculation.

See the full Strathtulloh report →

Vs Strathtulloh

+9.6%

Median sale

Suburb $625,000

-0.36 pp

Gross yield

Suburb 4.10%

Suburb median $625,000 from 172 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$685,000
Stamp Duty (Victoria)
$36,170
Transfer/Registration Fee
$1,707
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$726,577

$41,577 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Strathtulloh's advertised median rent — not a rent for this listing.

Net yield
2.24%
Annual cashflow (pre-tax)
$-20,259
Interest cover (DSCR)
0.43
Annual rent
$25,636
Operating expenses
$10,275
Loan amount
$548,000
Annual interest
$35,620
Gross yield
3.74%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$685,000–$750,000available26 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $493/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Strathtulloh in one glance

Strathtulloh at a glance

8,527

People

$625,000

Median sale

$493/wk

Median rent

4.10%

Suburb gross yield

Median sale from 172 recorded sales (last 12 months) — a Districts calculation.

See the full Strathtulloh report →

Keep researching

  • Why Strathtulloh? Read the area thesis →
  • What else is on the market in Strathtulloh →
  • Other records on Saltaire Dr →

Listing material

Listed by Ray White Melton

The Perfect Blend of Modern Living & Future Growth

Ray White & Sahil Mahajan proudly present 24 Saltaire Street, Strathtulloh - a beautifully designed, near-new home built by a quality builder, offering an exceptional combination of contemporary style, quality finishes, spacious living and outstanding future growth potential.

Approximately one year old, this impressive four-bedroom residence has been thoughtfully designed to provide a comfortable and low-maintenance lifestyle. Perfectly suited to families, first-home buyers and investors, the home offers modern functionality in a location surrounded by established amenities and exciting future developments.

From the moment you arrive, the landscaped front garden, striking façade and exposed aggregate driveway create a welcoming first impression. Step inside to discover a light-filled interior featuring high ceilings, quality tiled flooring and a practical floor plan designed for comfortable family living.

Read the full description

At the heart of the home is the spacious open-plan living and dining area, flowing seamlessly into the modern kitchen. The kitchen features quality appliances, generous bench space and a large walk-in pantry, creating a practical and stylish space for everyday living and entertaining.

The master bedroom provides a private retreat, complete with a walk-in robe and stylish ensuite featuring dual vanities. The remaining three bedrooms are generously sized and include walk-in robes, providing comfort and privacy for family members or guests.

Step outside to the impressive alfresco area and beautifully landscaped, low-maintenance backyard - an ideal space for entertaining, relaxing or enjoying quality family time outdoors.

Additional Features Include

Approximately one year old

Four spacious bedrooms

Master bedroom with walk-in robe and ensuite

Ensuite with dual vanities

Walk-in robes to remaining bedrooms

Spacious open-plan living and dining area

Modern kitchen with quality appliances

Generous kitchen bench space

Large walk-in pantry

High ceilings throughout

Quality tiled flooring

LED downlights

Central heating and cooling

Walk-in linen storage

Separate laundry

Remote-controlled double garage with internal access

Opticomm ready

Landscaped front and rear gardens

Exposed aggregate concrete driveway

Alfresco entertaining area

Low-maintenance backyard

Prime Location & Lifestyle

Positioned in the growing Strathtulloh and Cobblebank precinct, the property offers excellent access to shopping, schools, transport, parks, sporting facilities and major future developments.

Enjoy being:

Walking distance to Cobblebank Village Shopping Centre

Close to the upcoming Melton Hospital precinct

Close to Cobblebank Community Centre

Near Strathtulloh Primary School and future secondary school

Approximately 5 minutes to Cobblebank Park Primary School and kindergarten

Approximately 4 minutes to St Francis Catholic College

Approximately 4 minutes to Cobblebank Railway Station

Approximately 4 minutes to Cobblebank Stadium

Close to parks, walking trails, sporting facilities, shops and leisure amenities

Exciting Future Growth Potential

The surrounding area is undergoing significant investment and development, creating exciting long-term potential for homeowners and investors.

Melton Hospital - Expected Completion 2029

The upcoming Melton Hospital is a major $900 million healthcare development expected to provide a significant boost to local employment, services and infrastructure.

Planned facilities include:

24/7 emergency services

Intensive care facilities

Maternity and neonatal care

Mental health services

Radiology and outpatient services

Amazon Data Centre & Community Civic Centre

A major future employment hub planned for the region is expected to support approximately 400 new jobs and contribute to further investment and economic growth.

Kangan Institute - Future Campus

The planned Kangan Institute campus will create a new education and training precinct with capacity for approximately 1,200 students.

Cobblebank Metropolitan Activity Centre (MAC)

The Cobblebank MAC is a major master-planned precinct spanning approximately 100 hectares and is planned to feature:

Retail and commercial facilities

Education opportunities

Entertainment and community spaces

Future transport upgrades

Improved connectivity throughout the precinct

With Cobblebank Railway Station and Cobblebank Village Shopping Centre already established, the area continues to develop into a major residential, commercial and community destination.

Why You'll Love This Home

Combining modern design, quality finishes, generous accommodation and a convenient location, 24 Saltaire Street, Strathtulloh presents an excellent opportunity to secure a near-new home in one of Melbourne's rapidly developing communities.

Whether you are searching for a quality family home, your first property or a strong investment opportunity, this beautifully presented residence offers the perfect balance of lifestyle, convenience and future growth potential.

Contact Sahil Mahajan on 0405 028 899 today to arrange your inspection.

Enquire now and secure your opportunity in this exciting growth corridor.

Photo ID required for all inspections.

Due Diligence Checklist:

https://bit.ly/RWDue_Diligence

Ray White Collection Notice:

https://bit.ly/RW_PrivacyNotice

DISCLAIMER: All dimensions are approximate. The details provided are for general information purposes only and do not constitute any representation by the vendor or real estate agent. This document has been prepared solely for marketing purposes. While every effort has been made to ensure the accuracy of the information, we do not accept responsibility for any errors. Prospective buyers should conduct their own inquiries to verify the information provided.

Listing description written by Sahil Mahajan, Ray White Melton — reproduced as published, not verified by Districts.

Property features

  • Rumpus Room
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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.