Lot 1706 Forbs Street, Clyde North VIC

Clyde North, Melbourne, VIC, 3978

$ 896,770

Clyde North, Melbourne, VIC, 3978
Lot 1706 Forbs Street, Clyde North VIC-0
Lot 1706 Forbs Street, Clyde North VIC-1
Lot 1706 Forbs Street, Clyde North VIC-2
Lot 1706 Forbs Street, Clyde North VIC-3
Lot 1706 Forbs Street, Clyde North VIC-4

Property Images

Lot 1706 Forbs Street, Clyde North VIC-0 Lot 1706 Forbs Street, Clyde North VIC-1 Lot 1706 Forbs Street, Clyde North VIC-2 Lot 1706 Forbs Street, Clyde North VIC-3 Lot 1706 Forbs Street, Clyde North VIC-4

Overview

Property ID: LA-18088

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3.5
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Sep 17, 2025 at 04:09 pm

Property Type: Co-Living
Price: $ 896,770
Land Price: $ 508,000
Build Price: $ 388,770
Gross Per Week: $ 1047*
Gross Per Annum: $ 54,444
Gross Yield: 6.07%
Capital Growth 12 Months: 0.70%
Capital Growth 10 Year Annualised: 5.05%
Vacancy Rate: 2.45%
Property Size: 206 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 3.5
Parking: 2
Title Status: August 2025
Property ID: 18088
SKU: 1029

Description

This modern co-living property in Clyde North offers a spacious and functional layout, featuring 4 bedrooms, 3.5 bathrooms, and 2 car spaces. Set within the Berwick Waters Estate, this property is designed with both comfort and practicality in mind. The home includes a total build area of 206m² on a 350m² lot, delivering a turnkey solution with landscaping, fencing, and driveway all included.

Suburb profile:

Clyde North is a thriving suburb in Melbourne’s south-east growth corridor, known for its family-friendly communities and strong investment potential. The area benefits from excellent access to public transport, schools, and shopping centres such as Clyde Shopping Centre and Westfield Fountain Gate. With ongoing infrastructure development, Clyde North continues to attract both homeowners and investors, offering long-term growth prospects and solid rental demand.


Inclusions:

  • 2590mm ceilings
  • 900mm appliances
  • Full turnkey inclusions with landscaping, fencing, and driveway

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs including rock excavation
  • Engineered waffle slab
  • All service connections included

Internal Inclusions:

  • Plasterboard walls and ceilings with 75mm scotia cornice
  • 2040mm high flush panel doors with lever handles
  • Obscure glazing to bathrooms and ensuite
  • 3-coat paint system throughout
  • Carpet, timber laminate, and tiled flooring as per plan

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutters, and downpipes
  • Brickwork with natural mortar and rolled joints
  • Feature front entry door with deadbolt
  • Colorbond sectional garage door with motor and 2 remotes

Landscaping Inclusions:

  • Front and rear landscaping with turf, plants, and mulch
  • Timber fencing including wing fence and gate
  • Clothesline and letterbox included
  • Compacted side paths

Electrical Inclusions:

  • LED downlights throughout
  • Gas ducted heating
  • Split system air conditioning to living area
  • TV antenna and points, phone points
  • Hardwired smoke detectors

Appliance Inclusions:

  • 900mm stainless steel upright cooker and canopy rangehood
  • Stainless steel dishwasher
  • 20mm Caesarstone benchtops
  • Stainless steel double bowl sink

Energy Efficiency:

  • 6-star energy rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings

Warranties:

  • 3-month maintenance period
  • 10-year structural warranty
  • Home owner’s warranty insurance

This co-living property represents a standout investment opportunity with its turnkey finish, modern design, and growth location in Melbourne’s south-east corridor. Offering long-term capital growth potential and strong tenant demand, it is well-suited for investors seeking high-yield, low-maintenance 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.

Address Lot 1706 Forbs Street, Clyde North VIC
City Melbourne
State VIC
Postcode 3978
Suburb Clyde North

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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.

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