628 Shade St. PAKENHAM, VIC 3810
Pakenham, Cardinia, VIC, 3810$ 1,027,828 Sold
This property has sold.
- Co-living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 177
Details
Updated on May 22, 2026
| Property Type: | Co-living |
|---|---|
| Secondary Type: | SMSF |
| Price: | $ 1,027,828 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 690 |
| Gross Per Annum: | $ 35,880 |
| Gross Yield: | 3.49% |
| Capital Growth 12 Months: | 4.43% |
| 10Yr Annualised Growth: | 7.18% |
| Vacancy Rate: | 1.58% |
| Property Size: | 177 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Land Title Date: | March 2027 |
| Property ID: | 24738 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Description
Discover the best of modern living with this Co Living in Pakenham. Offering 5 bedrooms, 5 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.
Pakenham is a well-established suburb in Melbourne's southeast, offering excellent schools, shopping centres, and transport connections. With easy access to the Princes Highway and train services, Pakenham appeals to families and investors alike. Ongoing development continues to support strong rental demand and growth.
Whether you're looking to diversify your investments or secure a low-maintenance home, this Co Living in Pakenham delivers on all fronts. With its balance of comfort and growth potential, it's an opportunity worth securing. An investment that stands out for 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
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.