Featured Co-Living Rental Guarantee

Lot 11 Vega Road, Sunbury VIC

Sunbury, Melbourne, VIC, 3429

$ 997,990

Featured Co-Living Rental Guarantee
Sunbury, Melbourne, VIC, 3429
Lot 11 Vega Road, Sunbury VIC-0
Lot 11 Vega Road, Sunbury VIC-1

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Lot 11 Vega Road, Sunbury VIC-0 Lot 11 Vega Road, Sunbury VIC-1

Overview

Property ID: LA-17194

  • Co-Living
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • 2
  • Cars
  • 209

Details

Updated on Aug 21, 2025 at 12:58 pm

Property Type: Co-Living
Price: $ 997,990
Land Price: $ 365,000
Build Price: $ 632,990
Gross Per Week: $ 1,680
Gross Per Annum: $ 87,360
Gross Yield: 8.75%
Capital Growth 12 Months: -1.19%
Capital Growth 10 Year Annualised: 5.99%
Vacancy Rate: 0.78%
Property Size: 209 m2
Land Area: 350 m2
Bedrooms: 6
Bathrooms: 6
Parking: 2
Title Status: Titled
Property ID: 17194
SKU: 1026

Description

This co-living property offers a high-quality turnkey package designed for shared accommodation. Featuring private bedrooms, modern bathrooms, and open-plan communal areas, it provides both privacy and convenience. With premium inclusions and thoughtfully designed spaces, this property delivers a complete investment-ready solution. Its layout caters to modern tenants while ensuring strong long-term appeal for investors.

Suburb profile:

[Suburb Name] is a growing area known for its strong rental demand, new housing developments, and excellent connectivity. The suburb provides access to schools, shopping centres, and transport options, making it an attractive choice for both investors and tenants. With ongoing infrastructure improvements and a family-friendly environment, it continues to see strong capital growth potential.


Inclusions:

  • 2550mm ceiling height
  • 20mm stone benchtops
  • 900mm stainless steel oven, rangehood, cooktop, and dishwasher
  • Split system air conditioning units to all bedrooms
  • Timber laminate flooring to living areas, tiles to wet areas, and carpet to bedrooms
  • Flyscreens to all openable windows
  • LED lights throughout
  • Colour concrete to driveway, path, and letterbox
  • Landscaping, fencing, and clothesline
  • Panel lift garage door with 2 remote controls

Site Inclusions - Site Works, Foundations & Connections:

  • Engineer-designed slab to standard Class H soil
  • Preliminary site works including survey, soil report, and approvals
  • Fixed site costs up to H2 classification
  • Sewerage and stormwater connected to legal points
  • Electricity and gas supply connections
  • Telephone points wired with provision for connection

Preliminary Inclusions:

  • Working drawings
  • Energy report
  • Building permit

Internal Inclusions:

  • Aluminium sliding windows with powder-coated finish
  • Key locks throughout
  • Mirror above vanities
  • Semi-framed shower screens and poly marble shower bases
  • White bath from builder’s range

External Inclusions:

  • Concrete roof tiles from builder’s range
  • Brickwork, face bricks, and mortar joints as per plan
  • Upper storey cladding and rendered finishes
  • Colorbond gutters, fascia, and downpipes

Electrical Inclusions:

  • LED downlights (up to 25 lights)
  • Exhaust fans to bathrooms
  • Smoke detectors hardwired
  • TV and telephone points

Appliance Inclusions:

  • 900mm stainless steel oven, cooktop, and rangehood
  • 600mm stainless steel dishwasher

Furniture Pack Inclusions:

  • Complete 6-bedroom furniture package included in price (valued at $35,990)
  • Living room: sofa, armchair, coffee table, TV unit, artwork, rug, floor lamp
  • Bedrooms: upholstered queen beds, mattresses, side tables, lamps, chest of drawers, TVs, coat hangers
  • Kitchen/Dining: dining table & chairs, fridge, microwave, kettle, toaster, full kitchenware set
  • Laundry: washing machine, dryer, ironing board, vacuum, mop & bucket, clothes airer

Energy Efficiency:

  • Chromagen solar hot water system
  • R3.5 batts to ceiling, R2.0 to walls (excluding garage)
  • Sarking to external walls

This co-living property represents a modern investment opportunity, offering a ready-to-go package with strong rental appeal and long-term value.

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.

Address Lot 11 Vega Road, Sunbury VIC
City Melbourne
State VIC
Postcode 3429
Suburb Sunbury

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

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