217 Stonecrop Dr COBBLEBANK, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 859,000 Sold

This property has sold.

Cobblebank, Melton, VIC, 3338
Co-living Investment Property in Cobblebank, VIC (7.39% Yield) | Aus Investment Properties - Photo 1

Property Images

Co-living Investment Property in Cobblebank, VIC (7.39% Yield) | Aus Investment Properties - Photo 1
  • Co-living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Jun 19, 2026

Property Type: Co-living
Price: $ 859,000
Land Price: $ 405,000
Build Price: $ 454,000
Gross Per Week: $ 1220**
Gross Per Annum: $ 63,440
Gross Yield: 7.39%
Capital Growth 12 Months: 5.17%
10Yr Annualised Growth: 9.88%
Vacancy Rate: 5.80%
Property Size: 205 m2
Land Area: 400 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Land Title Date: May-26
Property ID: 23532
SKU: 1045
Sold: Jun 17, 2026

Description

Discover the best of modern living with this Co Living in Cobblebank. Offering 5 bedrooms, 5 bathrooms and 2 car space/s, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It's a versatile choice that ticks every box.

Cobblebank is an emerging suburb in Melbourne's western corridor offering modern residential estates and expanding infrastructure. The area is close to Cobblebank Village Shopping Centre, schools, and the Cobblebank train station providing convenient access to the city. Continued development and community investment are attracting families and property investors alike. With strong population growth and improving amenities, Cobblebank is becoming a desirable location for long term investment.

This Co Living in Cobblebank delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

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.

Address 217 Stonecrop Dr COBBLEBANK, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate COBBLE SPRINGS 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.

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