Sold Featured Co-Living Rental Guarantee

Lot 532 Uplands Crescent, Melton South VIC

Melton, VIC, 3338

$ 733,300

Sold Featured Co-Living Rental Guarantee
Melton, VIC, 3338
Lot 532 Uplands Crescent, Melton South VIC-0
Lot 532 Uplands Crescent, Melton South VIC-1
Lot 532 Uplands Crescent, Melton South VIC-2
Lot 532 Uplands Crescent, Melton South VIC-3
Lot 532 Uplands Crescent, Melton South VIC-4

Property Images

Lot 532 Uplands Crescent, Melton South VIC-0 Lot 532 Uplands Crescent, Melton South VIC-1 Lot 532 Uplands Crescent, Melton South VIC-2 Lot 532 Uplands Crescent, Melton South VIC-3 Lot 532 Uplands Crescent, Melton South VIC-4

Overview

Property ID: LA-9903

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3.5
  • Bathrooms
  • 1
  • Cars
  • 168

Details

Updated on May 13, 2025 at 07:50 pm

Property Type: Co-Living
Price: $ 733,300
Land Price: $ 375,000
Build Price: $ 358,300
Gross Per Week: $ 750
Gross Per Annum: $ 39,000
Gross Yield: 5.32%
Capital Growth 12 Months: -0.86%
Capital Growth 10 Year Annualised: 6.78%
Vacancy Rate: 4.55%
Property Size: 168 m2
Land Area: 470 m2
Bedrooms: 4
Bathrooms: 3.5
Parking: 1
Title Status: Titled
Property ID: 9903
SKU: 1029

Description

This co-living property in Melton South offers a modern 4-bedroom, 3.5-bathroom, 1-car garage home designed for shared living. The property features premium finishes, energy-efficient elements, and a full turnkey package that includes landscaping, fencing, and a driveway. With a 7-star energy rating, this home is a cost-effective and environmentally friendly choice for investors and tenants.

Suburb profile:

Melton South is a rapidly growing suburb in Victoria, known for its affordability, strong transport links, and expanding infrastructure. The area features schools, shopping centres, parks, and public transport, making it an attractive option for both investors and residents seeking a well-connected location.


Site Inclusions:

  • Fixed price site costs including rock excavation

Preliminary Inclusions:

  • Engineer-designed slab/foundations
  • All service connections (excluding consumer account opening and fibre optic connection if applicable)
  • Independent quality inspections
  • Full house clean on completion
  • 3-month maintenance period

Internal Inclusions:

  • 2590mm ceiling height
  • Engineered waffle slab
  • Pine wall frames and roof trusses
  • Plasterboard walls, ceilings, and cornices
  • 67mm single bevel architrave and skirting
  • 75mm Scotia cornice
  • Flush panel doors throughout (2040mm high)
  • Lever door handles
  • Window locks on all openable windows (keyed alike)
  • Venetians to front windows, roller blinds to remaining clear glazed windows and sliding doors
  • 3-coat paint system throughout
  • Gloss enamel paint to architraves and skirting
  • Flyscreens on all openable windows
  • Barrier doors to all sliding doors

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutter, and downpipes
  • Brickwork to front facade, with natural colour mortar (rolled joints)
  • Painted infills above garage door and all windows/doors
  • Plaster ceiling to porch and outdoor living (if applicable)
  • Two-part termite treatment
  • Colorbond sectional panel lift garage door with motor and two remote controls
  • Weatherproof door to rear of garage (plan specific)
  • Flush panel garage/house access door (plan specific)

Landscaping Inclusions:

  • Turf, plants, mulch, and toppings to front and rear yards
  • Irrigation connected to two garden taps with timers
  • Compacted paths around the perimeter of the house
  • Timber fencing, including wing fence and gate
  • Nature strips leveled and seeded
  • Clothesline

Electrical Inclusions:

  • Double power points throughout
  • LED downlights throughout
  • Single weatherproof LED flood light with sensor outside laundry
  • Hardwired smoke detectors with battery backup
  • 2 TV points
  • TV antenna (estate specific)
  • 2 phone points

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm stainless steel canopy rangehood
  • Stainless steel dishwasher
  • Stainless steel double bowl sink
  • Mixer tap
  • Tiled splashback
  • Laminate base and overhead cabinets with bulkhead
  • 20mm Caesarstone benchtops with square edge
  • 4 melamine shelves in pantry

3 beds - Optional $24,990 Furniture package includes

  • Queen Beds with Mattresses
  • Drawers, Side Tables & Lamps
  • Sofa, TV Unit, Coffee Table, Armchair
  • TV & Internet Modem
  • Dining Table & Chairs
  • Kitchen & Laundry Appliances
  • Full Cookware & Cutlery Set

Upgraded Inclusions:

  • 2590mm ceiling height
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans positioned above all showers
  • External venting to all exhaust fans and rangehoods

Energy Efficiency:

  • 7-star energy rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans positioned above all showers
  • External venting to all exhaust fans and rangehoods

Warranties:

  • Home Owners Warranty
  • 10-year structural warranty


This co-living property in Melton South is a turnkey investment opportunity featuring modern finishes, energy efficiency, and a prime location. With a 7-star energy rating, premium inclusions, and strong rental demand, this property presents an excellent opportunity for high rental yield and long-term capital growth.

This fully turnkey co-living property in Newborough presents a strong investment opportunity, featuring high-quality finishes, energy-efficient features, and premium inclusions. With a modern design and a sought-after location, this property is ideal for investors seeking strong rental returns and long-term value.

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.

Documents

Co - Living appraisal_Lot 532 Uplands Crescent, Melton South, VIC 3338_1741831076YJNbE.pdf

Rental Appraisal

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Furniture Package

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Rental Guarantee

Address Lot 532 Uplands Crescent, Melton South VIC
City Melton
State VIC
Postcode 3338
Suburb N/A

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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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