640 Proposed St Cobblebank, VIC 3338

Cobblebank, Melton, VIC, 3338

$ 1,014,750

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

Property Images

640 Proposed St Cobblebank, VIC 3338-0
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 212

Details

Updated on Jul 06, 2026

Property Type: Co living
Secondary Type: SMSF
Price: $ 1,014,750
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 920**
Gross Per Annum: $ 47,840
Gross Yield: 4.71%
Capital Growth 12 Months: 12.58%
Capital Growth 10 Year Annualised: 9.88%
Vacancy Rate: 5.57%
Property Size: 212 m2
Land Area: 271 m2
Bedrooms: 4
Bathrooms: 4
Parking: 2
Title Status: Registered
Property ID: 30308
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 900mm 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

Located in Cobblebank, this Co Living is more than just a home, it's a smart investment opportunity. With 4 bedrooms, 4 bathrooms and 2 car space/s, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

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.

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co Living in Cobblebank 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

floor_plan.png
Address 640 Proposed St Cobblebank, VIC 3338
City Melton
State VIC
Postcode 3338
Suburb Cobblebank
Estate Willowstone 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.

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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