Lot 629 Ribolla Way, Sunbury VIC (5 beds)

Description

This brand new rooming house in Sunbury offers the perfect blend of comfort and investment potential. Situated in the growing Everley Estate, this 5-bedroom, 5-bathroom property is designed for optimal rental yield, with private ensuites and modern finishes. The fixed-price, full turnkey package includes a range of premium inclusions, ensuring a hassle-free investment experience. With an estimated weekly rent of up to $1,600, this is a high-performing asset in one of Victoria's emerging regions.

Suburb profile:

Sunbury is a thriving regional hub located just 40 minutes from Melbourne's CBD. Known for its mix of historic charm and new development, Sunbury offers excellent transport links, schools, parks, and a growing shopping precinct. The suburb is attractive to families, students, and professionals seeking affordable living without sacrificing convenience. With continuous growth and infrastructure investment, Sunbury remains a solid choice for property investors.

Inclusions:

• 2700 mm Ceiling Height
• 1B Housing Type Compliance
• Full T-Key Inclusions
• Keyless Lock - Main Entrance Door & All Bedroom Doors
• Additional Hot Water System For Additional Ensuites
• Air Conditioner In All Bedrooms & Living Area
• Hybrid Flooring to Bedrooms & Living and Tiles to the Wet Areas
• 10 Year Structural Warranty
• 900 mm Cooktop and 600 mm dishwasher in kitchen
• 2340h x 920w front door in lieu of standard

Warranties:

• 10 Year Structural Warranty

This rooming house presents a high-yield, future-focused investment opportunity with outstanding rental returns and modern features tailored for long-term growth.

Single-person households are on the rise, accounting for a significant 25% of all households in Australia. This trend shows no signs of slowing down, and experts project a continued growth in single-person households, reaching an estimated 3 to 3.5 million over the next two decades. This surge underscores the increasing demand for housing options tailored to individual occupants.

Rooming house properties represent a form of shared accommodation, offering private bedrooms with ensuite bathrooms, and often including living and kitchenette facilities akin to a compact, one-bedroom unit or apartment. These properties appeal to tenants seeking affordable, adaptable, and hassle-free living arrangements that align with their lifestyles and requirements.

Many rooming houses are strategically situated in suburban areas, providing proximity to transportation, shopping centers, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants encompass young professionals, students, digital nomads, entrepreneurs, creatives, and seniors who prioritize convenience, connectivity, and collaboration.

For investors, rooming house properties offer a compelling value proposition. They present a high-yield, low-risk, and forward-looking investment opportunity. Rooming house properties consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals. This aligns with the burgeoning demand for affordable and flexible housing solutions in urban settings.

Additionally, rooming house properties often boast higher capital growth potential, given their prime locations with access to transportation, education, employment, and entertainment hubs.

Why are rooming houses so attractive to investors?

• High Demand: Rooms are in high demand, ensuring quick occupancy.
• Higher Yields: Often double compared to the suburb average.
• Diverse Tenant Base: Young professionals and older singles generally seek this accommodation category.
• Tax Depreciation: Benefits from fixtures and fittings.
• Income Security: Steady income flow even when one tenant moves out.