505 option A Proposed St Cobblebank, VIC 3338
Cobblebank, Melton, VIC, 3338$ 929,000
- Co living
- Property Type
- 6
- Bedrooms
- 6
- Bathrooms
- 2
- Cars
- 213
Details
Updated on Aug 12, 2026
| Property Type: | Co living |
|---|---|
| Price: | $ 929,000 |
| Land Price: | $ 385,000 |
| Build Price: | $ 544,000 |
| Gross Per Week: | $ 1,050 |
| Gross Per Annum: | $ 54,600 |
| Gross Yield: | 5.60 - 6.16% |
| Capital Growth 12 Months: | 12.58% |
| 10Yr Annualised Growth: | 9.88% |
| Vacancy Rate: | 0.05% |
| Property Size: | 213 m2 |
| Land Area: | 359 m2 |
|---|---|
| Bedrooms: | 6 |
| Bathrooms: | 6 |
| Parking: | 2 |
| Title Status: | Registered |
| Property ID: | 34321 |
| SKU: | 1045 |
| Sold: |
Features
- Split system air-con units to all bedrooms
- 2,700mm high ceilings throughout
- 20mm stone edging to stove and kitchen island benchtop
- Electric 600mm kitchen appliances & 600mm dishwasher
- Study bench to all bedrooms (as per plan)
- Timber laminate flooring to entry, living and kitchen areas
- Tiles to wet areas; carpets to bedrooms
- Flyscreens on all openable windows
- Coloured concrete to driveway and path
- Landscaping, fencing, clothesline and letterbox
- LED lights throughout the house
- Sectional panel lift garage door with 2 remote controls
- Fixed site costs up to P-class* (excluding rock removal & retaining walls)
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
This Co Living in Cobblebank has been carefully crafted to offer both practical living and solid returns. Featuring 6 bedrooms, 6 bathrooms and 2 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.
Cobblebank is an emerging master planned suburb within Melbourne's western growth corridor, approximately 40km from the CBD. Located in the City of Melton, it is supported by Cobblebank Train Station and direct access to the Western Freeway, ensuring strong connectivity. Significant government investment in education, health and community infrastructure, including the future Melton Hospital and expanding retail precincts, is strengthening long-term growth fundamentals. As residential development continues, Cobblebank is experiencing rising housing demand supported by infrastructure expansion and population growth.
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
Address
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175 Cherry Flat Road Smythes Creek, VIC 3351
Smythes Creek, Golden Plains, VIC, 3351ENQUIRE ABOUT THIS PROPERTY
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Investment property news
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