Lot 5 Goondiwindi Avenue, Clifton Springs VIC (9 beds)
Clifton Springs, Greater Geelong, VIC, 3222$ 1,290,000
- Rooming House
- Property Type
- 9
- Bedrooms
- 9
- Bathrooms
- 2
- Cars
- 297
Details
Updated on Oct 25, 2026
| Property Type: | Rooming House |
|---|---|
| Price: | $ 1,290,000 |
| Land Price: | $ 390,000 |
| Build Price: | $ 900,000 |
| Gross Per Week: | $ 3,150 |
| Gross Per Annum: | $ 163,800 |
| Gross Yield: | 12.70% |
| Capital Growth 12 Months: | 11.85% |
| 10Yr Annualised Growth: | 7.99% |
| Vacancy Rate: | 0.62% |
| Property Size: | 297 m2 |
| Land Area: | 586 m2 |
|---|---|
| Bedrooms: | 9 |
| Bathrooms: | 9 |
| Parking: | 2 |
| Land Title Date: | Titled |
| Property ID: | 39080 |
| SKU: | 1065 |
Description
This Rooming House in Clifton Springs offers a well-balanced combination of modern living and investment potential. Featuring 9 bedrooms, 9 bathrooms and 2 car space/s, it has been designed with both comfort and functionality in mind. Its practical layout and quality finishes make it appealing to tenants and homeowners alike. Located in a growing area, it provides strong prospects for both rental demand and long-term capital growth. A property that delivers both lifestyle and value.
Suburb profile:
Clifton Springs is a peaceful coastal suburb on Victoria’s Bellarine Peninsula, offering a relaxed lifestyle with waterfront reserves, beaches, parks, and recreational facilities including Clifton Springs Golf Club. Families are well served by Clifton Springs Primary School, while nearby Drysdale provides broader shopping, dining, and everyday services. Local bus services connect the suburb with surrounding Bellarine communities, while the Bellarine Highway provides convenient road access towards Geelong and beyond. With its established residential setting, coastal appeal, and access to essential amenities, Clifton Springs offers an attractive combination of lifestyle appeal and long-term property investment potential.
br>This Rooming House in Clifton Springs is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
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 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 similar 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 close proximity to transport, shopping centres, restaurants, cafés, and community hubs, making them an attractive choice for tenants.
Typical rooming house tenants include young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritise convenience, connectivity, and collaboration.
For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and future-focused investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the growing demand for affordable and flexible housing solutions in urban settings.
Additionally, rooming house properties often boast stronger capital growth potential due to their prime locations with access to transport, education, employment, and entertainment hubs.
Why are rooming houses so attractive to investors?
- High Demand: Rooms are in strong demand, ensuring quicker occupancy.
- Higher Yields: Often double the suburb average.
- Diverse Tenant Base: Young professionals and older singles commonly seek this style of accommodation.
- Tax Depreciation: Potential benefits from fixtures and fittings.
- Income Security: Steady income flow even when one tenant moves out.
Inclusions
SITE INCLUSIONS
INTERNAL INCLUSIONS
ELECTRICAL INCLUSIONS
| PRELIMINARY INCLUSIONS
EXTERNAL INCLUSIONS
APPLIANCE INCLUSIONS
UPGRADED INCLUSIONS
ENERGY EFFICIENCY
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Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
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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.