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Overview
Property ID: LA-11550
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Mar 07, 2025 at 10:23 am
Property Type: | Co-Living |
---|---|
Price: | $ 814,900 |
Land Price: | $ 378,900 |
Build Price: | $ 436,000 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | -1.19% |
Capital Growth 10 Year Annualised: | 5.99% |
Vacancy Rate: | 0.78% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | June 2025 |
Property ID: | 11550 |
SKU: | 1036 |
Description
This co-living property, is located in Redstone Estate, Sunbury. Designed for shared living, it features five bedrooms, five bathrooms, and a two-car garage. The home is built on a 350m² lot and offers a total house area of 205.42m². The property is fully turnkey with modern inclusions and an option to upgrade to a multi-head split system.
Suburb profile:
Sunbury is a well-established suburb located approximately 40km northwest of Melbourne’s CBD. It is known for its mix of urban conveniences and rural charm, with excellent access to transport, schools, shopping centres, and recreational facilities. The area has seen steady growth in property demand due to its proximity to Melbourne and infrastructure developments.
Site Inclusions:
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (minimum 7-star)
- Bushfire (BAL) Compliance (where applicable)
Internal Inclusions:
- 2590mm high ceiling heights (ground floor)
- Carpet to bedrooms & lounge
- Laminate timber-look flooring to family living areas & kitchen
- Water-based acrylic paint to walls & ceilings
- Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
External Inclusions:
- Engineer-designed wall frames & roof trusses
- Face brickwork and acrylic rendered features to the front facade
- Rendered lightweight cladding or painted cement sheet cladding
- Painted infill above garage door
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Aluminium windows and external doors
- Keyed locks to all openable windows and doors
- Aluminium-framed flyscreens on all openable windows
- Feature front entry door with a programmable lockset
Landscaping Inclusions:
- Coloured concrete driveway and path to the front porch
- Turf to front and rear garden
- Drought-resistant planting with mulch
- Letterbox
- Ground-mount folding clothesline
- Landscaping design as determined by the builder
Electrical Inclusions:
- White LED downlights throughout the house
- White LED downlights in entry & outdoor area
- Floodlight with sensor outside external doors
- Double power points throughout
- Single power points for fridge and dishwasher space
- TV point in the living area (antenna not included)
- Telephone/data points in kitchen and bedrooms
- Ducted exhaust fans with timers in bathrooms, ensuite, laundry, and powder room
- Hardwired smoke detectors with battery backup
- RCD safety switch
Appliance Inclusions:
- 900mm electric oven (stainless steel)
- 900mm electric cooktop
- 900mm rangehood (stainless steel)
- Freestanding under-bench dishwasher
- Microwave provision (design specific)
- 1 & ¾ bowl stainless steel sink with mixer tap
Upgraded Inclusions:
- Option to upgrade to a multi-head split system in bedrooms and living area for $14,100
Energy Efficiency:
- Minimum 7-star energy rating
- PV system to meet energy requirements
- Insulation to external walls & ceilings as per energy rating report
- Heat pump with natural gas booster OR electric heat pump (if gas not available)
Warranties:
- 3-month maintenance period
- 10-year structural warranty
This co-living property in Redstone Estate, Sunbury, is designed for investors or shared housing opportunities. With modern turnkey inclusions, energy-efficient features, and premium appliances, it offers a high-quality living experience in a growing suburb.
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
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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.