
Overview
Property ID: LA-12222
- House and Land
- Property Type
- 4
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 182
Details
Updated on Mar 28, 2025 at 01:49 pm
Property Type: | House and Land |
---|---|
Price: | $ 821,000 |
Land Price: | $ 340,000 |
Build Price: | $ 481,000 |
Gross Per Week: | $ 1,080 |
Gross Per Annum: | $ 56,160 |
Gross Yield: | 6.84% |
Capital Growth 12 Months: | 27.79% |
Capital Growth 10 Year Annualised: | 10.40% |
Vacancy Rate: | 1.01% |
Property Size: | 182 m2 |
Land Area: | 345 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 12222 |
SKU: | 1045 |
Description
This co-living property in Davoren Park offers a well-designed space with three bedrooms, each featuring its own bathroom, and one living area. This property provides a modern and comfortable living arrangement in a strategic location with growth potential.
Suburb profile:
Davoren Park is a residential suburb in the northern area of Adelaide, known for its accessible amenities and proximity to transport links. It’s a popular area among investors due to its high-growth potential and affordability, appealing to a mix of families and individuals.
- 20 Year Structural Guarantee & 3 Months Maintenance Period
- Rental Return $880-$1080/wk Furnished (Furniture packages available)
- 2700mm ceiling height throughout dwelling as per plan
- Overhead cupboard above fridge provision or as per plan
- Driveway and 900mm concrete paths
- LED downlights to all main living areas
- Laminate floors to main living area Carpet to bedrooms/ upstairs (if
- applicable)
- 600mm oven in stainless steel appliances
- Landscaping to front & rear, including letter box, lawn, bark, and plants
- Fencing to side and rear boundaries as required
This co-living investment property in Davoren Park is an excellent choice for investors looking for a modern, well-equipped home with strong growth potential in Northern Adelaide.
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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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.