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Overview
Property ID: LA-10439
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Feb 14, 2025 at 01:05 pm
Property Type: | Co-Living |
---|---|
Price: | $ 816,400 |
Land Price: | $ 387,000 |
Build Price: | $ 429,400 |
Gross Per Week: | $ 1,300 |
Gross Per Annum: | $ 67,600 |
Gross Yield: | 8.28% |
Capital Growth 12 Months: | 3.23% |
Capital Growth 10 Year Annualised: | 6.18% |
Vacancy Rate: | 0.64% |
Property Size: | 205 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | May 2025 |
Property ID: | 10439 |
SKU: | 1029 |
Description
This modern 5-bedroom, 5-bathroom house in Averley Estate, Pakenham South, offers a spacious and contemporary living environment. The home is a full turnkey package, featuring high-quality finishes, premium appliances, and thoughtful inclusions such as fencing, landscaping, and a driveway. The residence is designed for comfort with a high ceiling, energy-efficient systems, and an open-plan layout, making it an excellent choice for families or investors.
Suburb profile:
Pakenham South is a rapidly growing suburb in the Cardinia Region of Victoria, known for its blend of suburban convenience and rural charm. It offers easy access to local schools, shopping centers, parks, and transport links to Melbourne. The area is experiencing continuous development, making it a promising location for investment and homebuyers.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs, including rock excavation
- Engineered waffle slab
- Two-part termite treatment
Preliminary Inclusions:
- Plans and specifications
- Engineering drawings
- Compliance with energy rating requirements
Internal Inclusions:
- 2590mm ceiling height
- Timber laminate flooring in main areas, carpet in bedrooms
- Caesarstone benchtops in the kitchen and bathrooms
- 900mm stainless steel appliances including oven, cooktop, and rangehood
- Split system air conditioning in the living area
- Melamine shelving in pantry and bedroom wardrobes
External Inclusions:
- Brick exterior with a rendered facade
- Colorbond fascia, gutters, and downpipes
- Aluminium windows with locks
Landscaping Inclusions:
- Fully landscaped front and rear yards
- Exposed aggregate concrete driveway
- Timber fencing including side gate
Electrical Inclusions:
- LED downlights throughout
- Hardwired smoke detectors
- TV and data points in living areas
Appliance Inclusions:
- 900mm stainless steel upright cooker and canopy rangehood
- Stainless steel dishwasher
- Double bowl sink with mixer tap
Energy Efficiency:
- Solar hot water system with gas booster
- 6-star energy rating compliance
- Insulation in walls and ceilings
Warranties:
- 10-year structural warranty
- 3-month maintenance period
- Homeowner warranty insurance
This modern 5-bedroom home in Averley Estate, Pakenham South, is a fully turnkey package designed for comfortable living and strong investment potential. With high-end inclusions, energy-efficient features, and a prime location in a growing suburb, this property offers an excellent opportunity for buyers seeking quality and value.
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.
Documents
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
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.