Lot 634 Bourneside St, Tarneit VIC

Description

Positioned in the sought-after suburb of Tarneit, this Rooming House offers a forward-looking investment opportunity. With 4 bedrooms, 4 bathrooms and 2 car spaces, it blends contemporary design with low-maintenance living. Its modern features appeal to today’s market, while its location supports long-term value growth. Whether you’re expanding your portfolio or stepping into property investment, it’s well suited for future-ready buyers. A property that offers both confidence and opportunity.

Suburb profile:

Tarneit is a thriving suburb in Melbourne’s western growth corridor and one of the fastest-growing areas within the City of Wyndham. The suburb offers a range of modern housing developments supported by expanding infrastructure including Tarneit Train Station, shopping centres, schools, and community facilities. With convenient transport links to Melbourne’s CBD and nearby employment hubs, Tarneit continues to attract families and investors seeking affordability and strong rental demand. Ongoing residential growth and infrastructure investment position the suburb as a popular choice for long-term property investment.

Inclusions:

• Class 1B council approved boarding home
• 2590mm high ceilings
• 4 bedrooms plus large living area
• 4 bathrooms
• 4 kitchenettes throughout
• Full furniture package included
• High-quality flooring throughout
• 5 split system air-conditioning units (4 bedroom, 1 main living)
• Full landscaping (front and rear)
• Fencing, letterbox and clothesline

This Rooming House in Tarneit is more than just a property — it’s a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.

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 transport, shopping centres, 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 prioritise 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 transport, 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.