175 Cherry Flat Road Smythes Creek, VIC 3351
Smythes Creek, Golden Plains, VIC, 3351$ 629,740
- Co living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 162
Details
Updated on Jul 24, 2026
| Property Type: | Co living |
|---|---|
| Price: | $ 629,740 |
| Land Price: | $ 220,125 |
| Build Price: | $ 409,615 |
| Gross Per Week: | $ 690** |
| Gross Per Annum: | $ 35,880 |
| Gross Yield: | 5.7% |
| Capital Growth 12 Months: | 25.89% |
| 10Yr Annualised Growth: | 6.62% |
| Vacancy Rate: | 1.56% |
| Property Size: | 162 m2 |
| Land Area: | 275 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | May '26 |
| Property ID: | 32845 |
| SKU: | 1045 |
| Sold: | Aug 11, 2026 |
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Co Living in Smythes Creek presents a rare opportunity to secure a modern, high-growth investment. Featuring 3 bedrooms, 3 bathrooms and 2 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.
Smythes Creek is part of the rapidly expanding Ballarat region in Victoria, benefiting from major infrastructure investment including the $837 million Ballarat Base Hospital redevelopment. With a growing population of over 117,000 and low rental vacancy of just 0.9%, the area is a magnet for professionals, students, and essential service workers. Its close proximity to universities, hospitals, and shopping centres makes it a prime location for co-living developments.
With its strong rental appeal and long-term growth prospects, this Co Living in Smythes Creek is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.
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
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Corio, Greater Geelong, VIC, 3214ENQUIRE ABOUT THIS PROPERTY
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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