1436 Lily Drive Wallan, VIC 3756
Wallan, Mitchell, VIC, 3756$ 741,500 Sold
This property has sold.
- Co-living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 140
Details
Updated on Jun 19, 2026
| Property Type: | Co-living |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 741,500 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 615** |
| Gross Per Annum: | $ 31,980 |
| Gross Yield: | 4.31% |
| Capital Growth 12 Months: | -2.77% |
| 10Yr Annualised Growth: | 7.21% |
| Vacancy Rate: | 4.93% |
| Property Size: | 140 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Parking: | 1 |
| Land Title Date: | March 2027 |
| Property ID: | 23968 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Description
This Co Living in Wallan has been carefully crafted to offer both practical living and solid returns. Featuring 3 bedrooms, 3 bathrooms and 1 car space/s, it balances functionality with contemporary style. Designed to meet the demands of modern tenants, it provides strong rental performance and long-term growth. Its combination of design, location and value makes it a reliable investment option. A smart addition to any property portfolio.
Wallan offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.
This Co Living in Wallan is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.
Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.
A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.
Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.