Overview
Property ID: LA-10212
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 138
Details
Updated on Feb 06, 2025 at 02:41 pm
Property Type: | Co-Living |
---|---|
Price: | $ 667,223 |
Land Price: | $ 317,700 |
Build Price: | $ 349,523 |
Gross Per Week: | $ 840 |
Gross Per Annum: | $ 43,680 |
Gross Yield: | 6.55% |
Capital Growth 12 Months: | -0.15% |
Capital Growth 10 Year Annualised: | 5.86% |
Vacancy Rate: | 3.04% |
Property Size: | 138 m2 |
Land Area: | 263 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 10212 |
SKU: | 1048 |
Description
This single-storey home and land package in Tarneit offers a modern three-bedroom, two-bathroom design with a York facade. It provides a spacious layout with premium inclusions, making it a perfect option for families or investors.
Suburb profile:
Tarneit is a vibrant suburb located in the Wyndham Region of Victoria, known for its excellent connectivity to Melbourne CBD, schools, parks, and shopping centers. It is a growing community offering a mix of urban convenience and suburban tranquility.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed site costs including P-class slab and piering.
- Rock extraction and removal guarantee.
Preliminary Inclusions:
- 7-star energy rating and NCC compliance.
- Developer guidelines including eaves and recycled water.
Internal Inclusions:
- 2590mm ceiling height.
- Timber laminate flooring to living areas and carpets to bedrooms.
- Soft-close cabinet doors and drawers in the kitchen and bathrooms.
- LED downlights in all internal rooms and the porch.
- Three-coat paint system.
External Inclusions:
- Colorbond roof and fully rendered home facade.
- Concrete driveway and porch.
- Full fencing, clothesline, letterbox, and TV antenna.
Landscaping Inclusions:
- Front, side, and rear landscaping with a drip system.
Electrical Inclusions:
- NBN-ready infrastructure.
- Smoke detectors and RCD safety switches.
Appliance Inclusions:
- 600mm stainless steel in-built oven, cooktop, and canopy rangehood.
- Stainless steel dishwasher.
Upgraded Inclusions:
- Split system air conditioner in the living room.
Energy Efficiency:
- Solar panels as required for a 7-star energy rating.
- Glasswool insulation for ceiling and walls.
Warranties:
- Seven-year structural guarantee.
- Three-month maintenance warranty and inspection.
- Four independent building inspections throughout construction.
This single-storey home and land package in Tarneit offers an exceptional investment opportunity with premium inclusions, modern design, and a prime location in a thriving community.
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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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.