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Overview
Property ID: LA-16554
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Jul 31, 2025 at 03:31 pm
Property Type: | Co-Living |
---|---|
Price: | $ 806,400 |
Land Price: | $ 417,000 |
Build Price: | $ 389,400 |
Gross Per Week: | $ 1,258 |
Gross Per Annum: | $ 65,416 |
Gross Yield: | 8.11% |
Capital Growth 12 Months: | 0.15% |
Capital Growth 10 Year Annualised: | 4.73% |
Vacancy Rate: | 2.46% |
Property Size: | 205 m2 |
Land Area: | 400 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 16554 |
SKU: | 1029 |
Description
This co-living property at Lot 11748 Rutherford Grove, Armstrong Creek VIC presents a high-quality investment opportunity in one of Geelong’s most sought-after estates. Boasting 5 bedrooms, each with its own bathroom, this thoughtfully designed home sits on a 400m² block with a total house area of 205m². Built to turnkey standards with premium inclusions throughout, the home is suited to both investors and residents looking for quality and convenience. Located in Warralily Estate, the property is expected to title in December 2024 and offers modern finishes, low-maintenance landscaping, and exceptional living flexibility.
Suburb profile:
Armstrong Creek is one of Victoria’s fastest-growing residential communities, strategically positioned between Geelong and the Surf Coast. This thriving suburb offers a family-friendly lifestyle with easy access to schools, shopping centres, public transport, and coastal attractions. With strong infrastructure investment and connectivity to Geelong’s CBD and Deakin University, Armstrong Creek is a hotspot for both homeowners and renters. The suburb continues to attract professionals and families alike, boosting long-term demand for well-designed properties in the area.
Inclusions:
- 2590mm ceiling height
- Tiles to wet areas and timber laminate to main living
- Carpet to all remaining rooms
- Window furnishings: venetians to front, roller blinds to others
- LED downlights throughout
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation
- Engineered waffle slab with pine wall frames and roof trusses
- All service connections (excluding consumer account opening)
- Two-part termite treatment
Internal Inclusions:
- Flush panel internal doors (2040mm height)
- 67mm single bevel architraves and skirtings
- 75mm cornices
- Gloss enamel paint to trim; 3-coat paint system
- Split system A/C in main living
- Gas ducted heating
- Obscure glazing to wet area windows
External Inclusions:
- Concrete roof tiles
- Colorbond fascia, gutter, and downpipes
- Letterbox with street number
- Colorbond sectional garage door with remote control
- Concrete driveway and path to porch
Landscaping Inclusions:
- Turf, plants, mulch and toppings to front and rear yards
- Irrigation system with two garden taps and timers
- Timber fencing with wing fence and gate
- Clothesline
Electrical Inclusions:
- Double power points throughout
- 2 TV points and 2 phone points
- Hardwired smoke detectors with battery backup
- Single weatherproof floodlight outside laundry
Appliance Inclusions:
- 900mm stainless steel upright cooker
- 900mm canopy rangehood
- Stainless steel dishwasher
- 20mm Caesarstone benchtops
- Double bowl stainless steel kitchen sink
Energy Efficiency:
- 7-Star energy rating
- Solar hot water with gas booster
- Insulation to walls and ceilings
- Self-sealing and externally vented exhaust fans
Warranties:
- 10-year structural warranty
- 3-month maintenance period
- Home owners warranty
This co-living property combines location, livability and long-term returns, making it a smart and resilient choice for investors seeking future-proof rental assets.
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.