Lot 630 Ribolla Way, Sunbury VIC

Description

This rooming house property in Sunbury offers a high-yield investment opportunity with five private bedrooms, each with its own ensuite. Designed with modern turnkey inclusions, this property ensures comfort and functionality for tenants while providing investors with a reliable income stream. Positioned in the Everley Estate, it features a full turnkey solution that makes it move-in ready for occupants and cashflow-ready for investors.

Suburb profile:

Sunbury is a thriving suburb located on the outskirts of Melbourne, VIC. Known for its family-friendly community, expanding infrastructure, and strong transport links to the city, it has become an attractive destination for both residents and investors. With access to schools, parks, shopping precincts, and lifestyle amenities, Sunbury continues to see steady population growth and demand for quality rental housing.

Inclusions:

• Fixed Price – Full Turnkey
• 1B Housing Type Compliance
• Keyless Lock – Main Entrance Door & all Bedroom Doors
• Additional Hot Water System for ensuites
• Air Conditioner in all Bedrooms & Living Area
• Hybrid Flooring to Bedrooms & Living, Tiles to Wet Areas
• 900mm Cooktop and 600mm Dishwasher in Kitchen
• 2340h x 920w Front Door in lieu of standard
• 5B Furniture Pack

Upgraded Inclusions:

• 2700mm Ceiling Height

Warranties:

• 10 Year Structural Warranty

This rooming house property presents a strong investment case with a high yield, full turnkey delivery, and growing rental demand in Sunbury.

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.