Lot 328 Keighly St, Strathulloh VIC

Description

Discover the best of modern living with this Rooming House in Strathulloh. Offering 4 bedrooms, 4 bathrooms and 2 car spaces, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It’s a versatile choice that ticks every box.

Suburb profile:

Strathulloh is an emerging residential suburb located within the City of Melton in Melbourne’s expanding western growth corridor. Known for its modern estates such as Atherstone and Cobblebank developments, the suburb offers new housing opportunities designed for growing families and investors. Residents benefit from access to Cobblebank Train Station, schools, parks, and shopping centres, while remaining within commuting distance of Melbourne’s CBD. Continued infrastructure development and population growth are strengthening the appeal of Strathulloh as a promising location for long-term property investment.

Inclusions:

• Class 1B council approved boarding home
• 2590mm high ceilings
• 4 bedrooms plus large living area
• 4 bathrooms
• 4 kitchenettes throughout
• Full furniture package included
• High-quality flooring throughout
• 5 split system air-conditioning units (4 bedroom, 1 main living)
• Full landscaping (front and rear)
• Fencing, letterbox and clothesline

Designed to perform in today’s rental market, this Rooming House in Strathulloh combines reliable yield with capital appreciation potential. It’s a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

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, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritize convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in high demand, ensuring quick occupancy.
• Higher Yields: Often double compared to the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.