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Overview
Property ID: LA-11115
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 139
Details
Updated on Feb 20, 2025 at 01:24 pm
Property Type: | Co-Living |
---|---|
Price: | $ 685,783 |
Land Price: | $ 323,500 |
Build Price: | $ 362,283 |
Gross Per Week: | $ 840 |
Gross Per Annum: | $ 43,680 |
Gross Yield: | 6.37% |
Capital Growth 12 Months: | -0.15% |
Capital Growth 10 Year Annualised: | 5.86% |
Vacancy Rate: | 3.04% |
Property Size: | 139 m2 |
Land Area: | 263 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | March 2025 |
Property ID: | 11115 |
SKU: | 1048 |
Description
This is a co-living home and land package located in Grandview Estate, Truganina. The property is designed for multi-generational living and offers a modern, fully turnkey home with high-quality inclusions. The house is a single-storey dwelling with a York facade, providing comfort and functionality for residents.
Suburb profile:
Truganina is a rapidly growing suburb in Melbourne’s west, approximately 22km from the CBD. The area is known for its family-friendly environment, proximity to key amenities, and excellent transport links, including major highways and train stations. It is part of the high-growth Wyndham City Council region, making it an attractive location for investors and homeowners alike.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed site costs including P-Class slab and piering
- Rock extraction and removal guarantee
- Council asset protection
- Soil report & contour survey by independent geotechnical engineers
- Connection of electricity, water, gas, sewer, stormwater, and recycled water (if required)
- NBN-ready infrastructure
Preliminary Inclusions:
- 7-star energy-rated home
- Pre-site inspection
- Developer approval (if required)
- Building permit and associated application fees
- Bushfire Attack Level (BAL) 12.5 compliance (where applicable)
Internal Inclusions:
- 2590mm ceiling height
- Three-coat paint system for interior walls
- Ducted heating throughout the home
- LED downlights in all internal rooms and the porch
- Timber laminate flooring to living, entry, and passageways
- Carpet to all bedrooms
- Soft-close cabinet doors and drawers in the kitchen and bathrooms
- Walk-in pantry with shelving
- Built-in robes with single shelf and hanging rail
External Inclusions:
- Fully rendered home with Colorbond roofing
- Feature front entry door with polished stainless steel lockset
- Powder-coated aluminium sliding windows and doors with locks
- Sectional coated steel garage door with remote controls
- Outdoor taps (2x) for front and rear
- Developer guidelines including eaves, water tank, and recycled water system (where required)
Landscaping Inclusions:
- Concrete driveway and porch with colour-through finish
- Front, side, and rear landscaping with a drip system
- Full fencing
- Clothesline, letterbox, and TV antenna
- Mixed variety of Australian native plants and feature trees
Electrical Inclusions:
- 10W white LED downlights throughout
- Double power points throughout (as per plan)
- TV points (2x) including cabling to the roof space
- Data points (2x)
- Hardwired smoke detectors with battery backup
- External floodlights (2x) to the rear and side of the home
- NBN provision infrastructure in the garage
- Porch lighting (1x)
Appliance Inclusions:
- 600mm in-built stainless steel oven
- 600mm stainless steel cooktop
- 600mm stainless steel rangehood
- 600mm stainless steel dishwasher
- Double bowl stainless steel kitchen sink with drainer
- 45-litre stainless steel laundry tub with cabinet
- Electric all-in-one heat pump hot water system
Upgraded Inclusions:
- 20mm stone benchtops in the kitchen, bathroom, ensuite, and laundry
- Frameless 2000mm-high shower screens
- Adjustable designer shower rail
- Tiled splashback in the kitchen
- Tiled skirting to bathroom, ensuite, laundry, and WC
- Exhaust fans externally vented
Energy Efficiency:
- 7-star energy and NCC compliant
- Solar panels (if required)
- Glasswool ceiling batts and wall insulation
- Full external siltation wrap for energy efficiency
Warranties:
- 12-month price lock period
- 7-year structural guarantee
- 3-month maintenance inspection and warranty
- Four independent quality inspections throughout construction
This co-living home and land package in Truganina’s Grandview Estate offers a turnkey, energy-efficient, and high-quality living solution with premium inclusions. Designed for multi-generational living, it provides a modern and comfortable home in a growing suburb with excellent investment 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.
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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.