518 Cassowary Way BALLARAT, VIC 3353

Ballarat, Brimbank, VIC, 3353

$ 782,850 Sold

This property has sold.

Ballarat, Brimbank, VIC, 3353
Co-living Investment Property in Ballarat, VIC (6.94% Yield) | Aus Investment Properties - Photo 1

Property Images

Co-living Investment Property in Ballarat, VIC (6.94% 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: $ 782,850
Land Price: $ 285,000
Build Price: $ 497,850
Gross Per Week: $ 1045**
Gross Per Annum: $ 54,340
Gross Yield: 6.94%
Capital Growth 12 Months: N/A
10Yr Annualised Growth: N/A
Vacancy Rate: N/A
Property Size: 205 m2
Land Area: 606 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Land Title Date: Apr-26
Property ID: 23629
SKU: 1045
Sold: Jun 17, 2026

Description

This Co Living in Ballarat offers a well-balanced combination of modern living and investment potential. Featuring 5 bedrooms, 5 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.

Ballarat continues to expand with new neighbourhoods complementing established suburbs close to the city centre. The blend of heritage charm, dining and retail draws steady population inflows. Sport, schools and community facilities are abundant, sustaining rental demand year round. With proven performance and ongoing investment, Ballarat suits a range of strategies from yield to growth.

With its strong rental appeal and long-term growth prospects, this Co Living in Ballarat is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing 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

Address 518 Cassowary Way BALLARAT, VIC 3353
City Brimbank
State VIC
Postcode 3353
Suburb Ballarat
Estate CARRINGUM 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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