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Overview
Property ID: LA-10807
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 150
Details
Updated on Feb 11, 2025 at 03:36 pm
Property Type: | Co-Living |
---|---|
Price: | $ 764,900 |
Land Price: | $ 415,000 |
Build Price: | $ 349,900 |
Gross Per Week: | $ TBA |
Gross Per Annum: | $ TBA |
Gross Yield: | TBA% |
Capital Growth 12 Months: | -0.15% |
Capital Growth 10 Year Annualised: | 5.86% |
Vacancy Rate: | 3.04% |
Property Size: | 150 m2 |
Land Area: | 371 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10807 |
SKU: | 1029 |
Description
This property is a co-living investment opportunity located in Bluestone Estate, Tarneit. Designed with a 7-star energy rating, this home provides a modern and functional living space with high-quality inclusions. The layout includes three bedrooms, three bathrooms, and a two-car garage, offering convenience for tenants and strong rental potential. The home is designed as a turnkey package with full landscaping, fencing, and premium finishes.
Suburb profile:
Tarneit is a fast-growing suburb located in Melbourne’s west, approximately 25 km from the CBD. It is known for its family-friendly environment, modern developments, and accessibility to key amenities. The suburb features a range of schools, shopping centers, public transport options, and parks. Tarneit continues to experience significant infrastructure growth, making it an attractive area for both homeowners and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs, including rock excavation.
Internal Inclusions:
- Engineered waffle slab construction.
- Pine wall frames and roof trusses.
- 2590mm ceiling height to the ground floor.
- 2040mm flush panel doors throughout.
- Plasterboard walls, ceilings, and cornices.
- 67mm single bevel architrave and skirting.
- 75mm Scotia cornice.
- Melamine shelving with hanging rails in bedroom robes.
External Inclusions:
- Concrete roof tiles.
- Colorbond fascia, gutter, and downpipes.
- Brickwork with natural color mortar and rolled joints.
- Painted infills above garage doors and all windows and doors at the rear.
- Plaster ceiling to the porch and outdoor living (if applicable).
- Termite treatment.
- Color-through concrete driveway and path to the porch.
- Letterbox with numbers.
- Colorbond sectional panel lift garage door with motor and two remotes.
Landscaping Inclusions:
- Turf, plants, mulch, and toppings to the front and rear yards.
- Irrigation connected to two garden taps with timers.
- Compacted paths around the perimeter.
- Timber fencing, including a wing fence and gate to all boundaries.
- Levelled and seeded nature strips.
- Clothesline included.
Electrical Inclusions:
- LED downlights throughout the home.
- Double power points throughout.
- Hardwired smoke detectors with battery backup.
- TV antenna (estate-specific) and two TV points.
- Two phone points.
- Single weatherproof LED floodlight with a sensor outside the laundry.
Appliance Inclusions:
- 900mm stainless steel upright cooker.
- 900mm stainless steel canopy rangehood.
- Stainless steel dishwasher.
- 20mm Caesarstone benchtops with a 20mm square edge.
- Laminate base and overhead cabinets with bulkheads.
- Stainless steel double bowl sink with a mixer tap.
- Tiled kitchen splashback.
- Semi-framed shower screen in the bathroom.
- Acrylic bath.
Energy Efficiency:
- 7-star energy rating.
- Solar hot water system with gas booster.
- Insulation to walls and ceilings.
- Self-sealing exhaust fans above all showers.
- External venting to all exhaust fans and rangehoods.
Warranties:
- Fixed-price contract.
- 3-month maintenance period.
- 10-year structural warranty.
- Homeowners' warranty.
This co-living investment property in Bluestone Estate, Tarneit, is a modern and high-quality home designed to offer strong rental returns. With full turnkey inclusions, energy-efficient features, and a fixed-price contract, this property is a hassle-free investment in a growing suburb.
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.
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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.