Lot 635 Molette Road, Sunbury VIC

Description

Introducing this impressive rooming house property located in the sought-after regional hub of Mildura. This 5-bedroom turnkey investment offers private ensuites for every tenant, premium inclusions, and spacious living zones. Designed for high-yield shared accommodation, it provides both functionality and comfort, making it a solid addition to any investment portfolio.

Suburb profile:

Mildura is a thriving regional city in north-west Victoria, renowned for its strong agricultural economy, vibrant community, and riverside lifestyle. It offers excellent amenities, including schools, shopping centres, and healthcare facilities. The suburb has become a magnet for both families and investors due to its affordability, high rental yields, and ongoing infrastructure growth. With increasing demand for quality housing, Mildura presents an attractive long-term investment opportunity.

Inclusions:

• 5-bedroom pack with ensuite bathrooms
• Hybrid flooring to bedrooms and living areas; tiles to wet areas
• 900mm cooktop and 600mm dishwasher in kitchen
• 2340h x 920w front door upgrade
• 2700mm ceiling height
• 1B Housing Type Compliance
• Keyless locks for all bedroom and main entrance doors
• Additional hot water system for extra ensuite
• Air conditioning in all bedrooms and living area

Warranties:

• 10-year structural warranty

This rooming house property in Mildura is a rare opportunity for investors seeking a high-yield, low-risk, fully turnkey asset designed for long-term stability and 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, with experts projecting between 3 and 3.5 million single-person households 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 centres, restaurants, cafes, and community hubs—making them an enticing choice for tenants.

Typical rooming house tenants include 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 houses consistently maintain higher occupancy rates, lower vacancy rates, and reduced turnover compared to traditional rentals, aligning with the growing demand for affordable and flexible housing solutions.

Additionally, these properties often boast higher capital growth potential due to 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.