Overview
Property ID: LA-22889
- Co living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 239
Details
Updated on May 05, 2026 at 05:08 pm
| Property Type: | Co living |
|---|---|
| Secondary Type: | N/A |
| Price: | $ 1,032,990 |
| Land Price: | $ 450,000 |
| Build Price: | $ 582,990 |
| Gross Per Week: | $ 1,440 |
| Gross Per Annum: | $ 74,880 |
| Gross Yield: | 7.25% |
| Capital Growth 12 Months: | 30.61% |
| Capital Growth 10 Year Annualised: | 4.18% |
| Vacancy Rate: | 1.40% |
| Property Size: | 239 m2 |
| Land Area: | 375 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Parking: | 2 |
| Title Status: | 'May 2026 |
| Property ID: | 22889 |
| SKU: | 1071 |
Description
Situated in the thriving suburb of Wellard, this Co-living presents an excellent opportunity for modern living and investment. With 5 bedrooms, 5 bathrooms and 2 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
Suburb profile:
Wellard is a rapidly growing suburb in Perth's southern corridor, known for its family-friendly communities and convenient transport links including Wellard Train Station. The suburb offers easy access to schools, shopping centres, and the Kwinana Freeway, making commuting to Perth CBD simple. Continued residential development and strong rental demand are driving interest from both homeowners and investors. With ongoing infrastructure upgrades, Wellard presents excellent long-term potential for property investment.
Offering a blend of functionality, style and growth potential, this Co-living in Wellard is designed to perform. Whether for investment or living, it provides lasting value in a competitive market. A property that meets both present and future needs.
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.
SMSF Single Contract