Lot 5 Morgan Street, Bonshaw VIC 3352 (C)

Lot 5 Morgan Street, Ballarat, VIC, Australia, 3352

$ 627,500

Lot 5 Morgan Street, Ballarat, VIC, Australia, 3352
Co-living property at Lot 5 Morgan Street, Bonshaw VIC

Property Images

Co-living property at Lot 5 Morgan Street, Bonshaw VIC
  • Co-living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 188

Details

Updated on Nov 13, 2026

Property Type: Co-living
Price: $ 627,500
Land Price: $ 265,000
Build Price: $ 362,500
Gross Per Week: $ 940*
Gross Per Annum: $ 48,880
Gross Yield: 7.79%
Capital Growth 12 Months: 10.17%
10Yr Annualised Growth: 6.18%
Vacancy Rate: 3.51%
Property Size: 188 m2
Land Area: 364 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Land Title Date: Titled
Property ID: 44969
SKU: 1074

Description

This brand new co-living property in Bonshaw offers 4 bedrooms, 3 bathrooms and a double garage in a single-storey layout, with two bedrooms served by their own ensuites and two sharing a central bathroom. The home spans 188 m2 of internal living on a 364 m2 allotment within the Floriana estate, with an open-plan living and dining zone, a walk-in pantry, a separate laundry and an alfresco area for residents. The land is already titled, so construction can begin without waiting on title registration. With an estimated rental return of $940 per week, this co-living property is positioned to deliver steady income for a growing portfolio.

Bonshaw is a growing suburb on the south-western edge of Ballarat, within the City of Ballarat, where new estates are adding family homes alongside established neighbourhoods. It sits close to Sebastopol and Delacombe, with access to the Midland and Glenelg Highways and the services of Ballarat's CBD. Ballarat's role as Victoria's largest inland city underpins steady rental demand from health, education and government workers. For investors, Bonshaw offers new housing in a major regional city at a comparatively accessible price point.


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

Features

CO-LIVING LAYOUT

  • 4 bedrooms.
  • 3 bathrooms.
  • 2 bedrooms with private ensuites.
  • 2 bedrooms sharing a central bathroom.

HOME

  • Single storey.
  • Open-plan living and dining.
  • Alfresco area.
  • Walk-in pantry.
  • Separate laundry.
  • Double garage.

Inclusions

FIXED SITE COSTS

  • Up to P Class Concrete Slab including Bored Piers
  • 2590mm Ceiling Height throughout the interior of the home
  • 900mm Kitchen Appliances
  • 3 Phase Power
  • 7 Star Energy Rating
  • 3.5kW Solar PV System
  • Double Glazed Windows
  • Alarm System

INCLUDED AS STANDARD

  • 20mm polished edge low-silica stone Kitchen Benchtop
  • 20mm polished edge low-silica stone Bathroom and Ensuite Vanity Benchtops
  • Split System Air Conditioning
  • Back to Wall Freestanding Bath
  • Front and Rear Landscaping
  • Full Share Fencing to Sides and Rear Boundary
  • Blinds
  • Flyscreens

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 5 Morgan Street, Bonshaw VIC 3352 (C)
City Ballarat
State VIC
Postcode 3352
Suburb Bonshaw
Estate Floriana

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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.

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