Lot 227 Watson's Reach, Diggers Rest VIC

Diggers Rest, Melbourne, VIC, 3427

$ 816,190

Diggers Rest, Melbourne, VIC, 3427
Lot 227 Watson's Reach, Diggers Rest VIC-0

Property Images

Lot 227 Watson's Reach, Diggers Rest VIC-0
  • Co living
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 176

Details

Updated on Sep 07, 2026

Property Type: Co living
Price: $ 816,190
Land Price: $ 420,000
Build Price: $ 396,190
Gross Per Week: $ 570
Gross Per Annum: $ 29,640
Gross Yield: 3.63%
Capital Growth 12 Months: 10.29%
10Yr Annualised Growth: 13.24%
Vacancy Rate: 2.99%
Property Size: 176 m2
Land Area: 454 m2
Bedrooms: 4
Bathrooms: 4
Parking: 2
Title Status: December 2026
Property ID: 37026
SKU: 1056

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Experience contemporary living with this Co-living in Diggers Rest, designed to meet the expectations of modern buyers and investors. Offering 4 bedrooms, 4 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future 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

This Co-living in Diggers Rest delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

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

floor_plan.png
Address Lot 227 Watson's Reach, Diggers Rest VIC
City Melbourne
State VIC
Postcode 3427
Suburb Diggers Rest
Estate Watson's Reach

Similar Listings

Co living
  • $ 948,550
Gross Return
$ 52,000
Gross Yield
5.48%
Capital Growth
9.35%
Vacancy Rate
1.43%

Lot 607 - Co-Living Worden Way - Munno Para West

Munno Para West, Adelaide, SA, 5115
  • 4 Bedrooms
  • 3 Bathrooms
  • 2Cars
House and Land
Co living
  • $ 944,600
Gross Return
$ 39,000
Gross Yield
4.13%
Capital Growth
9.12%
Vacancy Rate
0.49%

Lot 642 - Co-Living Orley Avenue - Ingle Farm

Ingle Farm, Adelaide, SA, 5098
  • 3 Bedrooms
  • 3 Bathrooms
  • 1Cars
House and Land
Featured
Co living
  • $ 1,002,400
Gross Return
$ 62,400
Gross Yield
6.23%
Capital Growth
9.73%
Vacancy Rate
1.34%

Lot 47 - Co-living Arbourwood Estate - Morayfield

Morayfield, Moreton Bay, QLD, 4506
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
House and Land
Featured
Co living
  • $ 1,549,750
Gross Return
$ 126,360
Gross Yield
8.15%
Capital Growth
6.11%
Vacancy Rate
0.88%

Proposed St, Thomastown VIC

Thomastown, Whittlesea, VIC, 3074
  • 9 Bedrooms
  • 9 Bathrooms
  • 0Cars
Co living

Sold Listings

Featured
Co living
  • $ 740,792
Sold
Gross Return
$ 35,880
Gross Yield
4.84%
Capital Growth
7.71%
Vacancy Rate
2.29%

Lot 184 Serenity Rise, Warragul VIC

Warragul, Warragul, VIC, 3820
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living
Featured
Co living
  • $ 741,240
Sold
Gross Return
$ 35,880
Gross Yield
4.84%
Capital Growth
7.71%
Vacancy Rate
2.29%

Lot 232 Serenity Rise, Warragul VIC

Warragul, Warragul, VIC, 3820
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living
Featured
Co living
  • $ 749,039
Sold
Gross Return
$ 33,800
Gross Yield
4.51%
Capital Growth
6.88%
Vacancy Rate
1.65%

Lot 15 Greene Street, Huntly VIC

Huntly, Bendigo, VIC, 3551
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living
Featured
Co living
  • $ 903,582
Sold
Gross Return
$ 31,200
Gross Yield
3.45%
Capital Growth
4.14%
Vacancy Rate
2.07%

Lot 108 Forest Green Estate, Armstrong Creek VI...

Armstrong Creek, Geelong, VIC, 3217
  • 4 Bedrooms
  • 4 Bathrooms
  • 2Cars
Co living

ENQUIRE ABOUT THIS PROPERTY

Why Buy With Aus Investment Properties?

  • Dedicated In-house Project Manager.
  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
  • High quality, highly specified properties.
  • Tax and depreciation benefits from new properties.
  • Buy direct from the builder.
  • Investor or SMSF.
Buy Property Banner

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

Compare listings

Compare