Lot 203 Horseshoe St, Diggers Rest VIC

Diggers Rest, Melbourne, VIC, 3427

$ 681,650

Diggers Rest, Melbourne, VIC, 3427
Lot 203 Horseshoe St, Diggers Rest VIC-0
Lot 203 Horseshoe St, Diggers Rest VIC-1
Lot 203 Horseshoe St, Diggers Rest VIC-2
Lot 203 Horseshoe St, Diggers Rest VIC-3
Lot 203 Horseshoe St, Diggers Rest VIC-4

Property Images

Lot 203 Horseshoe St, Diggers Rest VIC-0 Lot 203 Horseshoe St, Diggers Rest VIC-1 Lot 203 Horseshoe St, Diggers Rest VIC-2 Lot 203 Horseshoe St, Diggers Rest VIC-3 Lot 203 Horseshoe St, Diggers Rest VIC-4

Overview

Property ID: LA-22393

  • Co living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 140

Details

Updated on Apr 17, 2026 at 02:43 pm

Property Type: Co living
Secondary Type: N/A
Price: $ 681,650
Land Price: $ 305,000
Build Price: $ 376,650
Gross Per Week: $ 720*
Gross Per Annum: $ 37,440
Gross Yield: 5.49%
Capital Growth 12 Months: -0.85%
Capital Growth 10 Year Annualised: 7.92%
Vacancy Rate: 1.68%
Property Size: 140 m2
Land Area: 262 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: 'December 2026
Property ID: 22393
SKU: 1029

Description

Situated in the thriving suburb of Diggers Rest, this Co-living presents an excellent opportunity for modern living and investment. With 3 bedrooms, 3 bathrooms and 1 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.


Suburb profile:

Diggers Rest sits within Melbourne's northern growth corridor and attracts renters seeking connectivity and convenience. The area offers a balanced lifestyle with access to key transport links and everyday amenities, supporting consistent rental demand. Investors value its steady population growth, evolving infrastructure, and proximity to established centres. The location complements a co-living strategy focused on occupancy stability and income resilience.


Inclusions:

  • 100% full turnkey package including landscaping, fencing, and driveway
  • 2590mm ceiling height throughout
  • 7-Star Energy Rating
  • Award-winning builder with over 25 years of experience

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs including rock excavation
  • Two-part termite treatment for long-term protection
  • Concrete path to porch and colour-through concrete driveway

Preliminary Inclusions:

  • Developer-approved façade design
  • Quality assurance and construction compliance to Australian standards

Internal Inclusions:

  • Timber laminate flooring to main living areas (Hynes Collection)
  • Carpet to bedrooms (Royal Parade or Gotham, 7mm underlay)
  • 450x450mm Beaumont Tiles to wet areas including bathroom, ensuite, and WC
  • Wattyl low-sheen wall paint in selected colour schemes (Alpine, Basalt, Ivory, Storm)
  • Laminate cabinetry to all rooms with bulkhead finish

External Inclusions:

  • Concrete roof tiles as per colour schedule
  • Colorbond fascia, gutters, and downpipes
  • Brickwork with natural mortar and rolled joints
  • Brickwork above front façade windows
  • Painted infills above garage doors and windows to side and rear
  • Plaster ceiling to porch and outdoor living (where applicable)
  • Letterbox with house numbers

Landscaping Inclusions:

  • Front and rear landscaping with turf and garden beds
  • Fencing to all boundaries with side access gate
  • Concrete driveway and entry path

Electrical Inclusions:

  • LED downlights throughout the home
  • TV, phone, and data points as per plan
  • Safety switches and smoke detectors in compliance with regulations
  • Exhaust fans to bathrooms and laundry

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm stainless steel canopy rangehood
  • Stainless steel dishwasher
  • Stainless steel double bowl sink with chrome mixer tap

Upgraded Inclusions:

  • 20mm Caesarstone benchtops with square edge
  • High-quality laminate overhead and base cabinets with ABS edging
  • Tiled splashback in kitchen (Beaumont Tiles)
  • Feature front entry door (2040mm x 820mm) with clear glazing
  • Colorbond sectional Panelift garage door with motor and two remotes

Furniture Pack Inclusions:

  • Optional add-on furniture package available at additional cost

Energy Efficiency:

  • 7-Star Energy Rating ensuring optimal thermal performance
  • Insulated ceiling and walls for energy savings
  • Water-efficient tapware and fixtures

Warranties:

  • Standard builder's structural warranty
  • Manufacturer's warranties on appliances and fittings

Whether you're looking to diversify your investments or secure a low-maintenance home, this Co-living in Diggers Rest 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: 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 203 Horseshoe St, Diggers Rest VIC
City Melbourne
State VIC
Postcode 3427
Suburb Diggers Rest

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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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