1436 Lily Drive Wallan, VIC 3756

Wallan, Mitchell, VIC, 3756

$ 741,500

Wallan, Mitchell, VIC, 3756
1436 Lily Drive Wallan, VIC 3756-0
1436 Lily Drive Wallan, VIC 3756-1
1436 Lily Drive Wallan, VIC 3756-2

Property Images

1436 Lily Drive Wallan, VIC 3756-0 1436 Lily Drive Wallan, VIC 3756-1 1436 Lily Drive Wallan, VIC 3756-2
  • 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: 4.92%
Capital Growth 10 Year Annualised: 7.21%
Vacancy Rate: 2.33%
Property Size: 140 m2
Land Area: 350 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: March 2027
Property ID: 23968
SKU: 1045
Sold: Jun 17, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

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

floor_plan.png
Address 1436 Lily Drive Wallan, VIC 3756
City Mitchell
State VIC
Postcode 3756
Suburb Wallan
Estate Springridge Estate

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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.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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