Lot 1033 Navet Street, Wellard WA (4 beds)
Wellard, Kwinana, WA, 6170$ 1,035,000
- Co-living
- Property Type
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 214
Details
Updated on Sep 29, 2026
| Property Type: | Co-living |
|---|---|
| Price: | $ 1,035,000 |
| Land Price: | $ 484,000 |
| Build Price: | $ 551,000 |
| Gross Per Week: | $ 1,440 |
| Gross Per Annum: | $ 74,880 |
| Gross Yield: | 7.23% |
| Capital Growth 12 Months: | 25.00% |
| 10Yr Annualised Growth: | 5.05% |
| Vacancy Rate: | 0.51% |
| Property Size: | 214 m2 |
| Land Area: | 375 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 4 |
| Parking: | 2 |
| Land Title Date: | September 2026 |
| Property ID: | 39131 |
| SKU: | 1071 |
Description
Positioned within the growing suburb of Wellard, this Co-living offers a modern solution for comfortable living and smart investment. With 4 bedrooms, 4 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.
Suburb profile:
Wellard is a rapidly growing suburb in Perth's southern corridor, known for its family-friendly communities and convenient transport links including Wellard Train Station. The suburb offers easy access to schools, shopping centres, and the Kwinana Freeway, making commuting to Perth CBD simple. Continued residential development and strong rental demand are driving interest from both homeowners and investors. With ongoing infrastructure upgrades, Wellard presents excellent long-term potential for property investment.
With its strong rental appeal and long-term growth prospects, this Co-living in Wellard 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: 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.