Lot 613 Churchill Drive, Donnybrook VIC
Donnybrook, Melbourne, VIC, 3064$ 963,990
Overview
Property ID: LA-19779
- Rooming House
- Property Type
- 6
- Bedrooms
- 6
- Bathrooms
- 2
- Cars
- 209
Details
Updated on Nov 14, 2025 at 02:10 pm
| Property Type: | Rooming House |
|---|---|
| Price: | $ 963,990 |
| Land Price: | $ 379,000 |
| Build Price: | $ 584,990 |
| Gross Per Week: | $ 1,620 |
| Gross Per Annum: | $ 84,240 |
| Gross Yield: | 8.73% |
| Capital Growth 12 Months: | 0.85% |
| Capital Growth 10 Year Annualised: | 6.02% |
| Vacancy Rate: | 2.30% |
| Property Size: | 209 m2 |
| Land Area: | 350 m2 |
|---|---|
| Bedrooms: | 6 |
| Bathrooms: | 6 |
| Parking: | 2 |
| Title Status: | December 2025 |
| Property ID: | 19779 |
| SKU: | 1045 |
Description
This brand new rooming house property in Donnybrook offers a smart and efficient layout built for high performance and strong rental appeal. It features six bedrooms. each with its own bathroom. giving tenants comfort and privacy. The home also includes a single living area and a double garage. providing both functionality and convenience. With modern finishes and a fully turnkey package. this investment is designed for reliable long term demand.
Suburb profile:
Donnybrook is one of Melbourne’s fastest growing northern corridors. drawing strong interest from residents seeking modern. well connected living. The area continues to develop rapidly with new town centers. transport links. and community infrastructure. making it a strategic choice for investors. Its mix of affordability. growth potential. and accessibility positions it as a promising investment location. appealing to a wide rental demographic.
Inclusions:
- Fixed site costs
- Storm water connection to Council legal point of discharge
- Fixed site cost up to H2 slab
- Cabinets with silk finish laminate doors
- 20mm stone benchtop. builder range
- Porcelain tiles to bathroom and ensuite
- Ceramic slim top white vanity with 20mm stone
- 900mm stainless steel oven
- 900mm stainless steel rangehood
- Split system air conditioning units to all bedrooms
- Chromagen solar hot water system
- Exhaust fans to bathrooms
- Smoke detectors
- Flyscreens on all openable windows
- Coloured concrete to driveway and path
- 5 or 6 bed furniture package
This rooming house property offers strong value for investors seeking high yield and stable demand. It provides a modern. low maintenance setup in a rapidly growing corridor.
Single person households are rising. now accounting for around a quarter of all households in Australia. This trend is expected to continue. reaching up to 3.5 million over the next twenty years. which increases the demand for accommodation designed for individual occupants. Rooming house properties provide private bedrooms with ensuite bathrooms. often including living and kitchenette facilities similar to a compact apartment. making them appealing to tenants seeking affordability and flexibility. These homes are commonly located in suburban areas close to transport. shopping options. and community hubs. attracting strong and diverse rental demand.
Rooming house tenants include young professionals. students. digital workers. creatives. entrepreneurs. and seniors who value convenience and connected living. For investors. rooming houses offer high yields. low risk. and long term demand. They maintain higher occupancy and lower vacancy compared to traditional rentals. driven by the ongoing need for affordable housing options. Many are placed in well connected locations that support long term capital growth.
Why are rooming houses attractive to investors.
- High demand with fast tenant placement.
- Significantly higher yields compared to suburb averages.
- Broad tenant pool across multiple demographics.
- Tax depreciation benefits for fixtures and fittings.
- Steady income flow even if one room becomes vacant.
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.