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Overview
Property ID: LA-9823
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 162
Details
Updated on Dec 19, 2024 at 05:37 pm
| Property Type: | Co-Living |
|---|---|
| Price: | $ 608,800 |
| Land Price: | $ 205,000 |
| Build Price: | $ 403,800 |
| Gross Per Week: | $ TBA |
| Gross Per Annum: | $ TBA |
| Gross Yield: | TBA% |
| Capital Growth 12 Months: | 14.94% |
| Capital Growth 10 Year Annualised: | 7.27% |
| Vacancy Rate: | 0.70% |
| Property Size: | 162 m2 |
| Land Area: | 495 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | March 2025 |
| Property ID: | 9823 |
| SKU: | 1045 |
Description
A home and land package located at 55 Ellendale Ave, Murray Bridge, offering a total area of 162m2 on a 495m2 land parcel. Priced at $608,800, it includes a well-designed build and ample parking spaces.
Suburb Profile:
Murray Bridge, situated in South Australia’s Murraylands Region, is a growing area known for its scenic surroundings by the Murray River, strong community presence, and proximity to Adelaide. It offers a mix of residential and recreational opportunities.
This property is a modern home and land package offering an excellent opportunity for investment or family living in the thriving region of Murray Bridge, SA.
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
Open on Google Maps
Address
Lot 55 Ellendale Ave, Murray Bridge SA
City
Murray Bridge
State
SA
Postcode
5253
Suburb
N/A
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
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.
