Lot 60506 Andesitic Rd, Kalkallo VIC

Kalkallo, Melbourne, VIC, 3064

$ 837,450

Kalkallo, Melbourne, VIC, 3064
Lot 60506 Andesitic Rd, Kalkallo VIC-0
Lot 60506 Andesitic Rd, Kalkallo VIC-1

Property Images

Lot 60506 Andesitic Rd, Kalkallo VIC-0 Lot 60506 Andesitic Rd, Kalkallo VIC-1
  • Co living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 206

Details

Updated on Jul 14, 2026

Property Type: Co living
Price: $ 837,450
Land Price: $ 358,000
Build Price: $ 479,450
Gross Per Week: $ 1,050
Gross Per Annum: $ 54,600
Gross Yield: 6.51%
Capital Growth 12 Months: 7.62%
10Yr Annualised Growth: 7.18%
Vacancy Rate: 0.03%
Property Size: 206 m2
Land Area: 350 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: ‌April 2026
Property ID: 21552
SKU: 1032
Sold: Jul 14, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This Co-living in Kalkallo presents a rare opportunity to secure a modern, high-growth investment. Featuring 3 bedrooms, 3 bathrooms and 1 car spaces, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia’s fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.


Suburb profile:

Kalkallo is a fast-growing suburb located in Melbourne’s northern growth corridor within the City of Hume. The area is experiencing significant residential development with new master-planned estates such as Cloverton attracting families and investors seeking modern housing and long-term growth. With convenient access to the Hume Freeway, Donnybrook Train Station, and major employment hubs in Craigieburn and Epping, Kalkallo offers strong connectivity to Melbourne’s CBD. Ongoing infrastructure investment, new schools, and future retail centres continue to support population growth, making the suburb an increasingly attractive location for property investment.


Inclusions:

  • 2590mm high ceilings
  • 3 bedrooms plus large living area
  • 3 bathrooms
  • 3 kitchenettes throughout
  • Full furniture package included
  • High-quality flooring throughout
  • 4 split system air-conditioning units (3 bedroom, 1 main living)
  • 3 check meters for separate electrical usage per room
  • Full landscaping (front and rear)
  • Fencing, letterbox and clothesline

With its blend of lifestyle appeal and investment strength, this Co-living in Kalkallo is a smart choice for both seasoned investors and first-time buyers. It delivers the right mix of returns today and growth for tomorrow. A property built for lasting success.

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: Co-Living: The Future of Australian Housing.

Address Lot 60506 Andesitic Rd, Kalkallo VIC
City Melbourne
State VIC
Postcode 3064
Suburb Kalkallo
Estate Cloverton

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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

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