Lot 1212 Vespa Grange, Smythes Creek VIC

Smythes Creek, Ballarat, VIC, 3355

$ 617,800

Smythes Creek, Ballarat, VIC, 3355
Lot 1212 Vespa Grange, Smythes Creek VIC-0

Property Images

Lot 1212 Vespa Grange, Smythes Creek VIC-0
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 188

Details

Updated on Sep 03, 2026

Property Type: Co living
Price: $ 617,800
Land Price: $ 245,000
Build Price: $ 372,800
Gross Per Week: $ 810**
Gross Per Annum: $ 42,120
Gross Yield: 6.82%
Capital Growth 12 Months: 26.06%
10Yr Annualised Growth: 7.07%
Vacancy Rate: 0.70%
Property Size: 188 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Q2 2027
Property ID: 36638
SKU: 1074

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Located in Smythes Creek, this Co-living is more than just a home , it's a smart investment opportunity. With 4 bedrooms, 3 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.


Suburb profile:

Smythes Creek is part of the rapidly expanding Ballarat region in Victoria, benefiting from major infrastructure investment including the $837 million Ballarat Base Hospital redevelopment. With a growing population of over 117,000 and low rental vacancy of just 0.9%, the area is a magnet for professionals, students, and essential service workers. Its close proximity to universities, hospitals, and shopping centres makes it a prime location for co-living developments.


Inclusions:

  • Fixed Site Costs
  • Up to P Class Concrete Slab, Includes Bored Piers
  • 2590mm Ceiling Height throughout to interior of the home
  • 900mm Kitchen Appliances
  • 3 phase power
  • 7 Star Energy Rating
  • 3.5kW Solar PV System
  • Double Glazed Windows
  • Alarm System
  • Kitchen Bench Top - 20mm polished edge low-silica stone
  • Bathroom & Ensuite Vanity Bench Top - 20mm polished edge low-silica stone
  • Split system air conditioning
  • Back to wall free standing bath
  • Front & Rear Landscaping
  • Full Share Fencing to Sides and Rear Boundary
  • Blinds
  • Flyscreens

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co-living in Smythes Creek 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: Co-Living: The Future of Australian Housing.

Floor plans

floor_plan.png
Address Lot 1212 Vespa Grange, Smythes Creek VIC
City Ballarat
State VIC
Postcode 3355
Suburb Smythes Creek
Estate Pinnacle Estate

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ENQUIRE ABOUT THIS PROPERTY

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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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