Overview
Property ID: LA-7799
- House and Land
- Property Type
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 184
Details
Updated on Nov 13, 2024 at 06:03 pm
Property Type: | House and Land |
---|---|
Price: | $ 687,850 |
Land Price: | $ 358,000 |
Build Price: | $ 329,850 |
Gross Per Week: | $ 1,000 |
Gross Per Annum: | $ 52,000 |
Gross Yield: | 7.56% |
Capital Growth 12 Months: | 3.82% |
Capital Growth 10 Year Annualised: | 6.45% |
Vacancy Rate: | 1.45% |
Property Size: | 184 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | Q2 2025 |
Property ID: | 7799 |
SKU: | 1045 |
Description
This property is a home and land package situated in Werribee, Victoria, part of the fast-growing Melbourne West region. With a land size of 350 m² and a house area of 184 m², it offers four bedrooms and four bathrooms, catering to families or investors seeking opportunities in this highly sought-after region.
Suburb profile:
Werribee, located in the Melbourne West region, is a thriving suburb known for its family-friendly environment, excellent schools, and proximity to Melbourne’s CBD. The suburb has experienced significant growth due to new infrastructure projects and housing developments, making it a prime location for investment properties.
Internal Inclusions:
- Heating throughout,
- Split System Air Conditioner (cooling only) to Living
- Flooring throughout
- Downlights
- Window Coverings throughout
External Inclusions:
- Letterbox,
- Premium Facade
Appliance Inclusions:
- Stainless Steel Dishwasher
Upgraded Inclusions:
- 20mm Composite Stone Benchtop with Square Edge to Kitchen
This property offers a modern living space in a high-growth suburb with a combination of premium finishes and practical inclusions, making it an attractive investment opportunity in the Melbourne West region.
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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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.