Lot 504 Goldsborough St, Bonshaw VIC (4 beds)

Description

Located in Bonshaw, this Rooming House is more than just a home — it’s a smart investment opportunity. With 4 bedrooms, 4 bathrooms and 2 car spaces, it delivers functional design with modern living in mind. Investors will appreciate its strong yield potential, while residents will enjoy the comfort and convenience it provides every day. Set within a growth corridor, it combines lifestyle benefits with future financial returns. A property that works for you today and tomorrow.

Suburb profile:

Bonshaw is a fast growing suburb located in Ballarat’s southern corridor, offering modern residential estates and strong appeal for families and investors. The area benefits from proximity to Ballarat CBD, schools, shopping centres, and expanding community infrastructure. Ongoing residential development continues to support population growth and rental demand. Investors are drawn to Bonshaw for its affordability, growth potential, and access to the wider Ballarat region.

Inclusions:

• Rental appraisal up to 330 per room
• Class 1B council approved boarding home
• 2590mm high ceilings
• 4 bedrooms plus large living area
• 4 bathrooms
• 4 kitchenettes throughout
• Full furniture package
• High quality flooring throughout
• 5 split system air conditioning units
• Full landscaping front and rear
• Fencing, letterbox and clothesline

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today’s market.

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.