Lot 2933 Ryder Street, Charlemont VIC

Description

This stunning rooming house property in Charlemont offers an exceptional investment opportunity with a full turnkey package. Situated in the sought-after Charlemont Rise estate, this titled lot features modern finishes and a complete set of quality inclusions designed for comfort, durability, and long-term value. With its practical design and low-maintenance appeal, the property is well-suited for investors seeking a high-demand rental option.

Suburb profile:

Charlemont is a rapidly growing suburb in the Geelong region, known for its accessibility and future-focused community planning. Located just minutes from Geelong’s CBD and the Surf Coast, it provides residents with excellent transport links, schools, shopping centres, and recreational facilities. The area continues to attract strong demand from both homebuyers and renters due to its affordability, growth potential, and lifestyle appeal.

Inclusions:

• 2700 mm ceiling height
• Additional ensuite
• Coloured concrete driveway up to 35sqm
• Colourbond roof
• Fixed site cost up to 500 mm fall
• Double glazed windows
• Eaves to the front of the house with 3 m return
• 900 mm cooktop, canopy and oven
• 2 remote controls to the double garage
• Brickwork over doors and windows
• Laminate wooden flooring to living areas and corridors
• LED downlights throughout
• NBN/Opticom connection
• Recycled water connection

This rooming house property combines affordability, strong rental potential, and premium inclusions, making it a reliable choice for investors looking to secure long-term growth and consistent yields.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, with experts projecting growth to 3–3.5 million households over the next two decades. This highlights the growing demand for housing tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms and compact living facilities. They attract tenants seeking affordable, adaptable, and low-maintenance living arrangements aligned with modern lifestyles.

Strategically located in suburban hubs, rooming houses benefit from proximity to transport, shops, restaurants, and community facilities. Tenants typically include young professionals, students, digital nomads, and seniors who value convenience and connection.

For investors, rooming house properties deliver high yields, low risks, and strong growth prospects. They maintain higher occupancy, lower vacancy, and reduced turnover compared to traditional rentals, making them highly attractive in the current housing market.

Why are rooming houses attractive to investors?

• High demand ensures quick occupancy
• Higher yields, often double suburb averages
• Diverse tenant base across demographics
• Tax depreciation benefits on fixtures and fittings
• Steady income flow, even if one tenant vacates