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Overview
Property ID: LA-14451
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 190
Details
Updated on May 29, 2025 at 12:45 pm
Property Type: | Co-Living |
---|---|
Price: | $ 673,000 |
Land Price: | $ 205,000 |
Build Price: | $ 468,000 |
Gross Per Week: | $ 750 |
Gross Per Annum: | $ 39,000 |
Gross Yield: | 5.79% |
Capital Growth 12 Months: | 14.94% |
Capital Growth 10 Year Annualised: | 7.27% |
Vacancy Rate: | 0.70% |
Property Size: | 190 m2 |
Land Area: | 402 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | June 2025 |
Property ID: | 14451 |
SKU: | N/A |
Description
Welcome to Narooma Rise, an exquisite residential community nestled in the heart of Murray Bridge, offering a lifestyle of tranquility and convenience. This vibrant neighborhood is designed to seamlessly blend modern living with the natural beauty that surrounds it. Situated along the picturesque River Murray, Narooma Rise boasts a prime location, providing residents with breathtaking views and a serene atmosphere. The community is strategically positioned for easy access to the central retail.
Suburb profile:
Murray Bridge is a growing regional centre located approximately 75km east of Adelaide, South Australia. Positioned on the banks of the Murray River, it is known for its natural beauty, affordability, and expanding infrastructure. With a combination of rural charm and urban amenities, it appeals to families, retirees, and investors alike. The area is seeing steady growth with various new developments, making it an emerging hub for regional investment.
Site Inclusions - Site Works, Foundations & Connections:
- Footings and siteworks costs
- Stormwater system with trenching and connections to street
- Concrete to Perimeter Paths and Driveway
- Side and Rear fencing as required
- 2 x external garden taps front and rear
Internal Inclusions:
- 2700mm ceiling height throughout dwelling as per plan
- Laminate floors to main living area, Carpet to bedrooms or upstairs if applicable
- Roller Blinds to all bedrooms
- Overhead cupboards and undermount rangehood to kitchen
Landscaping Inclusions:
- Landscaping to front and rear including letter box, lawn, bark and plants
Upgraded Inclusions:
- Optional Alfresco Upgrade approx 8 to 10sqm for $9,900 extra
Warranties:
- 20 Year Structural Warranty and 3 months Maintenance guarantee
This co-living investment property in Murray Bridge offers a high-quality turnkey package in a scenic, growing regional community, making it an appealing opportunity for investors seeking strong rental yields and future growth potential.
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
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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.