272 Ardel Street Thornhill Park, VIC 3335
Thornhill Park, Melton, VIC, 3335$ 763,178
- Co living
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 185
Details
Updated on May 22, 2026
| Property Type: | Co living |
|---|---|
| Price: | $ 763,178 |
| Land Price: | $ 379,000 |
| Build Price: | $ 384,178 |
| Gross Per Week: | $ 705 |
| Gross Per Annum: | $ 36,660 |
| Gross Yield: | 4.50 - 5.11% |
| Capital Growth 12 Months: | 15.81% |
| 10Yr Annualised Growth: | 5.78% |
| Vacancy Rate: | 0.12% |
| Property Size: | 185 m2 |
| Land Area: | 375 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 24123 |
| SKU: | 1045 |
| Sold: | Jul 24, 2026 |
Features
- 7 Star energy rating & PV solar panel system to roof
- Front & rear landscaping including fencing & driveway
- Split system cooling to 3 beds & main living area
- Flooring, downlights & higher ceilings throughout
- Modern appliances including dishwasher
- Overhead cupboards to kitchen
- Blinds, window locks & flyscreens
- Chrome double towel rails & toilet roll holders
- Brick infills over windows
- Remote control garage
- Clothesline & Letterbox
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Discover the best of modern living with this Co Living in Thornhill Park. Offering 4 bedrooms, 3 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.
Thornhill Park is a rapidly growing suburb in Melbourne's western growth corridor known for its modern estates and strong infrastructure investment. The area offers convenient access to schools, parklands, and major road connections linking residents to Caroline Springs and the Melbourne CBD. Ongoing residential development and new community facilities continue to attract both families and investors. With increasing demand and expanding amenities, Thornhill Park presents strong long term growth potential.
This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.
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
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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