23 Mortlock COBBLEBANK, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 1,028,709 Sold

This property has sold.

Cobblebank, Melton, VIC, 3338
Co-living Investment Property in Cobblebank, VIC (3.03% Yield) | Aus Investment Properties - Photo 1

Property Images

Co-living Investment Property in Cobblebank, VIC (3.03% Yield) | Aus Investment Properties - Photo 1
  • Co-living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on May 22, 2026

Property Type: Co-living
Secondary Type: SMSF
Price: $ 1,028,709
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 600
Gross Per Annum: $ 31,200
Gross Yield: 3.03%
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: Titled
Property ID: 24252
SKU: 1045
Sold: Jun 17, 2026

Description

This modern Co Living in Cobblebank delivers a compelling opportunity for both investors and homeowners. Featuring 5 bedrooms, 5 bathrooms and 2 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

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.

With its blend of lifestyle appeal and investment strength, this Co Living in Cobblebank is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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 23 Mortlock 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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