Lot 225 Watson's Reach - Simonds, Diggers Rest VIC

Diggers Rest, Melbourne, VIC, 3427

$ 786,490

Diggers Rest, Melbourne, VIC, 3427
Co living Investment Property in Diggers Rest, VIC (3.77% Yield) | Aus Investment Properties - Photo 1

Property Images

Co living Investment Property in Diggers Rest, VIC (3.77% Yield) | Aus Investment Properties - Photo 1
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 177

Details

Updated on Oct 08, 2026

Property Type: Co living
Price: $ 786,490
Land Price: $ 390,000
Build Price: $ 396,490
Gross Per Week: $ 570
Gross Per Annum: $ 29,640
Gross Yield: 3.77%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 2.99%
Property Size: 177 m2
Land Area: 400 m2
Bedrooms: 4
Bathrooms: 4
Parking: 2
Title Status: December 2026
Property ID: 39966
SKU: 1056

Description

This Co-living in Diggers Rest offers a well-balanced combination of modern living and investment potential. Featuring 4 bedrooms, 4 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.


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:

  • Guaranteed fixed site costs
  • Floor coverings to entire house
  • Coloured through concrete driveway & path
  • 900mm stainless steel upright cooker & 900mm rangehood
  • Stainless steel dishwasher
  • Flyscreens to all openable windows & sliding doors
  • 20mm Caesarstone arris edge benchtop to kitchen, bathroom & ensuite
  • 2590mm ceiling height to ground floor
  • Concrete perimeterpath around entire home
  • Colorbond motorised sectional garage door with remote
  • Lovelight single roller blinds throughout
  • Front & rear landscaping, letterbox & clothesline

With its strong rental appeal and long-term growth prospects, this Co-living in Diggers Rest is positioned for success. It offers both stability and opportunity, making it an excellent addition to any property portfolio. A reliable investment in a growing market.

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: Co-Living: The Future of Australian Housing.

Floor plans

Co living Investment Property in Diggers Rest, VIC (3.77% Yield) | Aus Investment Properties - Floor Plan 1

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 225 Watson's Reach - Simonds, Diggers Rest VIC
City Melbourne
State VIC
Postcode 3427
Suburb Diggers Rest
Estate Watson's Reach

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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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