505 Proposed St Cobblebank, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 1,157,000

Cobblebank, Melton, VIC, 3338
505 Proposed St Cobblebank, VIC 3338-0

Property Images

505 Proposed St Cobblebank, VIC 3338-0
  • Co living
  • Property Type
  • 8
  • Bedrooms
  • 0
  • Bathrooms
  • 0
  • Cars
  • 258

Details

Updated on Jun 18, 2026

Property Type: Co living
Price: $ 1,157,000
Land Price: $ 385,000
Build Price: $ 772,000
Gross Per Week: $ TBA
Gross Per Annum: $ TBA
Gross Yield: TBA%
Capital Growth 12 Months: 12.58%
Capital Growth 10 Year Annualised: 9.88%
Vacancy Rate: 5.57%
Property Size: 258 m2
Land Area: 359 m2
Bedrooms: 8
Bathrooms: 0
Parking: 0
Title Status: Registered
Property ID: 28422
SKU: 1045

Description

This Co Living in Cobblebank has been carefully crafted to offer both practical living and solid returns. Featuring 8 bedrooms, 0 bathrooms and 0 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, located approximately 40km from the CBD. Part of the City of Melton, it benefits from Cobblebank Train Station and convenient access to the Western Freeway, providing strong connectivity. Significant government investment in education, health and community infrastructure, including the future Melton Hospital and expanding retail precincts, is driving sustained growth. As residential development continues to expand, Cobblebank is experiencing increasing housing demand supported by infrastructure and population growth.

Combining modern design, location and investment potential, this Co Living in Cobblebank offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's 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

floor_plan.png
Address 505 Proposed St Cobblebank, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate Willowstone

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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

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