24 Bet Street, Truganina VIC 3029

4 bed, 2 bath, 2 garage | 63% site coverage, 294m² lot | FTTP NBN, 5G | Melton council, no overlays This property’s competitive edge lies in its efficient site coverage: 187m² of building on 294m² of land yields a practical, low-maintenance footprint with generous internal space, appealing to investors or first-home buyers seeking yield over land banking. The FTTP and 5G connectivity support remote work viability, while the absence of bushfire, flood, or heritage overlays reduces due diligence risk. It serves best as a rental holding in a high-renter street (70% tenants) with strong school proximity. The key risk is the 294m² lot—smaller than the street’s typical 350m²—which limits capital growth potential compared to larger blocks in Truganina. This is partially offset by the 63% coverage, which maximises usable area for the buyer. The opportunity lies in securing below the median $701k for 4-bed houses, with rental income at $465/week offering a 3.9% gross yield. Hold this property as a cash-flow positive rental in a growth corridor, not a land appreciation play.