
Overview
Property ID: LA-12889
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Apr 17, 2025 at 10:31 am
Property Type: | Co-Living |
---|---|
Price: | $ 850,220 |
Land Price: | $ 465,000 |
Build Price: | $ 385,220 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | -0.70% |
Capital Growth 10 Year Annualised: | N/A |
Vacancy Rate: | 10.96% |
Property Size: | 205 m2 |
Land Area: | 400 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 12889 |
SKU: | 1029 |
Description
This is a co-living property featuring 5 bedrooms, 5 bathrooms, and a 2-car garage, offered as a full turnkey package. Located in Attwell Estate, Deanside, the property features a LEON 22 GE – 1B house design. The land size is 400m² with a 205.75m² house, oriented east, and the expected title date is December 2024. The package includes a range of high-end finishes and modern inclusions designed for shared living and investor appeal.
Suburb profile:
Deanside is a fast-growing suburb located approximately 30km west of Melbourne's CBD. It is part of the City of Melton and is experiencing significant residential development. The suburb offers proximity to Caroline Springs, shopping centres, schools, parks, and future planned infrastructure including the Outer Metropolitan Ring Road and a proposed railway station. Its growth potential and community facilities make it a desirable area for families and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation
- Engineered waffle slab
- All service connections (excluding consumer account opening and fibre optic connection if applicable)
Preliminary Inclusions:
- All permits as required by building regulations
- Survey and drafting plans
- Design guidelines fixed
- Engineer designed slab/foundations
- Independent quality inspections
- Full house clean on completion
- 3-month maintenance period
Internal Inclusions:
- 2590mm ceiling height to single storey
- Plasterboard walls, ceilings and cornice
- 67mm single bevel architrave and skirting
- 75mm scotia cornice
- Melamine shelf and hanging rail to bedroom robes
- 2040mm high flush panel internal doors
- Lever door handles
- Obscure glazing to ensuite, bathroom and WC
- Aluminium sliding windows with keyed alike locks
- Venetians to front windows, roller blinds to other clear glazed windows and sliding doors (excluding stairwell)
- 3 coat paint system throughout with gloss enamel to architraves and skirting
- Flyscreens to all openable windows
- Barrier doors to all sliding doors
External Inclusions:
- Concrete roof tiles
- Colorbond fascia, gutter and downpipes
- Bricks with natural colour mortar and rolled joints
- Brickwork above front facade windows only
- Painted infills above garage and all other windows and doors
- Plaster ceiling to porch and outdoor living (if applicable)
- Two-part termite treatment
- Concrete driveway and path to porch
- Letterbox with numbers
- Colorbond sectional panel-lift garage door with motor and 2 remote controls
- Weatherproof and flush panel garage access doors (plan specific)
- 2040mm x 820mm front entry door with clear glazing and deadbolt
- Entrance sets to all external hinged doors and garage access door
Landscaping Inclusions:
- Combination of turf, plants, mulch and toppings to front and rear yards
- Irrigation connected to two garden taps with timers
- Compacted paths around perimeter of house
- Timber fencing including wing fence and gate
- Nature strips levelled and seeded
- Clothesline
- Electrical Inclusions:
- Double power points throughout
- LED downlights throughout
- Weatherproof LED flood light with sensor outside laundry
- Hardwired smoke detectors with battery backup
- 2 TV points
- 1 TV antenna (estate specific)
- 2 phone points
Appliance Inclusions:
- 900mm stainless steel upright cooker
- 900mm stainless steel canopy rangehood
- Stainless steel dishwasher
- Stainless steel double bowl sink
- Mixer tap
- Tiled splashback
- 4 melamine shelves to pantry
- Vanity basin
- Acrylic bath
- 20mm Caesarstone benchtops
- Laminate base and overhead cabinets
- Semi-framed shower screen
- Tiled shower base
- Polished edge mirror
- Single towel rail
- Toilet suite and accessories
- Laundry trough and cabinet
Upgraded Inclusions:
- 2590mm ceiling height
- Full turnkey package with fencing, landscaping, driveway
- Choice of multiple internal colour schemes (Alpine, Basalt, Ivory, Storm)
- Internal finishes including Caesarstone benchtops, premium tiles, and feature cabinetry
- Split system air conditioning in main living (plus master bedroom for double storey)
Energy Efficiency:
- 6 star energy rating
- Solar hot water service with gas booster
- Insulation to walls and ceilings
- Self-sealing exhaust fans above showers
- External venting to all exhaust fans and rangehoods
Warranties:
- Home owners warranty
- 10-year structural warranty
This co-living property in Deanside offers a fully turnkey investment opportunity with premium inclusions and a strong rental potential. The high-spec finishes, spacious design, and strategic location in a growth corridor make it a compelling option for investors.
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.