Lot 524 Austral Street, Beveridge VIC (Co-living)

Beveridge, Melbourne, VIC, 3753

$ 724,430

Beveridge, Melbourne, VIC, 3753
Lot 524 Austral Street, Beveridge VIC (Co-living)-0
Lot 524 Austral Street, Beveridge VIC (Co-living)-1

Property Images

Lot 524 Austral Street, Beveridge VIC (Co-living)-0 Lot 524 Austral Street, Beveridge VIC (Co-living)-1

Overview

Property ID: LA-20596

  • Co-living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 183

Details

Updated on Jan 23, 2026 at 01:59 pm

Property Type: Co-living
Price: $ 724,430
Land Price: $ 355,000
Build Price: $ 369,430
Gross Per Week: $ 949*
Gross Per Annum: $ 49,348
Gross Yield: 6.81%
Capital Growth 12 Months: 7.94%
Capital Growth 10 Year Annualised: 4.81%
Vacancy Rate: 13.43%
Property Size: 183 m2
Land Area: 406 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: Titled
Property ID: 20596
SKU: 1069

Description

Located in Beveridge, this Co-Living is more than just a home — it’s a smart investment opportunity. With 4 bedrooms, 3 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:

Beveridge is a rapidly developing suburb in Melbourne’s north, benefiting from major future infrastructure projects and strong population growth. Located near the Hume Freeway, it offers convenient access to employment hubs and the CBD. Investors are drawn to Beveridge for its affordability, expanding amenities, and long-term capital growth potential.


Inclusions:

  • Fixed price contract
  • Premium 2590mm ceiling height
  • 20mm stone benchtops throughout
  • 600mm in-built oven, cooktop and canopy rangehood
  • Stainless steel dishwasher to kitchen
  • Timber laminate flooring to living, entry and passageways
  • Free-standing bath to bathroom (design specific)
  • Carpet to all bedrooms and study (design specific)
  • Soft close cabinet doors and drawers to kitchen and bathrooms
  • LED downlights to all internal rooms and porch
  • Ducted heating
  • Three-coat paint system
  • Fibre optic ready – NBN network to all open areas
  • 7-star energy and NCC compliant
  • Developer guidelines including eaves, water tank, recycled water and corner treatment (where required)
  • Community Infrastructure Levy (CIL)
  • BAL 12.5 bushfire compliant (where applicable)
  • 10-year structural warranty
  • Fixed site costs including P-class slab and piering
  • Peace of mind rock extraction and removal guarantee
  • 1 x 3.5kW split system air conditioner to living room
  • Blinds and flyscreens to all windows
  • Brick infills above all windows and garage door
  • Concrete driveway and porch (colour through)
  • Front, side and rear landscaping (see landscape plan)
  • Full fencing, clothesline, letterbox and TV antenna

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.

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.

Address Lot 524 Austral Street, Beveridge VIC (Co-living)
City Melbourne
State VIC
Postcode 3753
Suburb Beveridge

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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.

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