Overview
Property ID: LA-23351
- Co living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on May 22, 2026 at 12:00 am
| Property Type: | Co living |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 1,110,860 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 700 |
| Gross Per Annum: | $ 36,400 |
| Gross Yield: | 3.28% |
| Capital Growth 12 Months: | 7.62% |
| Capital Growth 10 Year Annualised: | 7.18% |
| Vacancy Rate: | 3.63% |
| Property Size: | 205 m2 |
| Land Area: | 392 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | October 2026 |
| Property ID: | BP-1898622 |
| SKU: | 1045 |
Description
Positioned within the growing suburb of Mickleham, this Co Living offers a modern solution for comfortable living and smart investment. With 5 bedrooms, 5 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.
Mickleham is a rapidly expanding suburb in Melbourne's north, known for its masterplanned estates, modern infrastructure, and family-friendly environment. The area provides excellent access to schools, shopping centres, parks, and transport links, making it an attractive choice for both residents and investors. With significant population growth and ongoing development, Mickleham continues to present strong potential for long-term capital growth.
Combining modern design, location and investment potential, this Co Living in Mickleham 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
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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