Overview
Property ID: LA-18898
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Oct 27, 2025 at 01:30 pm
| Property Type: | Co-Living |
|---|---|
| Price: | $ 779,850 |
| Land Price: | $ 375,000 |
| Build Price: | $ 404,850 |
| Gross Per Week: | $ 1217* |
| Gross Per Annum: | $ 63,284 |
| Gross Yield: | 8.11% |
| Capital Growth 12 Months: | 0.94% |
| Capital Growth 10 Year Annualised: | 6.69% |
| Vacancy Rate: | 1.56% |
| Property Size: | 205 m2 |
| Land Area: | 400 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | Sun Mar 01 2026 00:00:00 GMT+0800 (China Standard Time) |
| Property ID: | 18898 |
| SKU: | 1029 |
Description
This modern co-living property at Lot 5032 Rivervista Road, Melton VIC, offers a beautifully designed 5-bedroom residence with 5 ensuite bathrooms and double garage. Thoughtfully planned to provide both privacy and shared living comfort, it’s ideal for tenants seeking affordable yet high-quality accommodation. Situated within the sought-after Exford Waters Estate, this home represents an exceptional investment opportunity with strong rental appeal and long-term growth potential.
Suburb profile:
Melton is a thriving suburb in Melbourne’s western growth corridor, known for its family-friendly community, expanding infrastructure, and accessibility. With new amenities, schools, and transport links, it continues to attract young professionals and families alike. The area benefits from proximity to shopping centres, recreation parks, and easy freeway access to Melbourne CBD. Investors are drawn to Melton for its affordability, growth prospects, and consistent tenant demand.
Inclusions:
- Modern turnkey finish with quality fittings throughout
- Spacious open-plan living and dining zones
- Stone benchtops and stainless steel appliances
- Built-in robes to all bedrooms and tiled ensuite bathrooms
Site Inclusions - Site Works, Foundations & Connections:
- Comprehensive site preparation and connection to essential services
Preliminary Inclusions:
- Fixed-price contract with developer-approved design
Internal Inclusions:
- High-quality finishes with tiled wet areas and carpeted bedrooms
External Inclusions:
- Modern façade with driveway, fencing, and letterbox included
Landscaping Inclusions:
- Front and rear landscaping package with low-maintenance design
Electrical Inclusions:
- Energy-efficient lighting and split-system air conditioning
Appliance Inclusions:
- Stainless steel oven, cooktop, and rangehood
Upgraded Inclusions:
- Premium finishes and turnkey inclusions for long-term durability
Furniture Pack Inclusions:
- Optional furniture package available at additional cost
Energy Efficiency:
- Energy-efficient design with sustainable fittings
Warranties:
- Builder structural and appliance warranties included
This co-living property combines modern living with a strong investment proposition, offering both comfort for tenants and solid returns for investors.
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.