Lot 71 Eastwood Drive, Mildura VIC 3500
Mildura, Mildura, VIC, 3500$ 670,800
- Co-living
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 234
Details
Updated on Nov 02, 2026
| Property Type: | Co-living |
|---|---|
| Price: | $ 670,800 |
| Land Price: | $ 184,000 |
| Build Price: | $ 486,800 |
| Gross Per Week: | $ 1,000 |
| Gross Per Annum: | $ 52,000 |
| Gross Yield: | 7.75% |
| Capital Growth 12 Months: | 20.10% |
| 10Yr Annualised Growth: | 8.02% |
| Vacancy Rate: | 1.88% |
| Property Size: | 234 m2 |
| Land Area: | 597 m2 |
|---|---|
| Bedrooms: | 4 |
| Bathrooms: | 3 |
| Parking: | 2 |
| Title Status: | Titled |
| Property ID: | 43506 |
| SKU: | 1053 |
Description
This Co-living property in Mildura offers 4 bedrooms, 3 bathrooms and a double garage, with a 234 m2 single storey home on 597 m2 of land in the Oakmont Grove estate, already titled. It is a turnkey package with double glazed windows, 2700 mm ceilings, a 900 mm cooktop, canopy and oven, and an additional ensuite included.
Mildura is a regional hub on the Murray River with a diversified economy across agriculture, healthcare, tourism and retail. Residents have Mildura Base Hospital, the railway station, SuniTAFE and La Trobe University campuses and Mildura Central shopping nearby.
For investors, this Co-living property is estimated to rent for about $1,000 per week, a 7.75% gross yield on $670,800.
A Co-living home provides private bedrooms, including two suites with ensuite bathrooms and two bedrooms sharing a main bathroom, alongside shared kitchen, living and outdoor areas in one structure. That layout supports multiple tenants under one lease and a rental profile geared to sharers seeking privacy with shared amenity.
Co-living attracts tenants looking for flexible, affordable shared living with their own private space. For investors, that demand supports stronger weekly returns than a comparable family home in the same market, making it a high-yield portfolio addition.
Features
- Single Storey
- 4 bedrooms
- 3 bathrooms
- double garage
- Additional Ensuite
- 2700mm Ceiling Height
- Double Glazed windows
- Colorbond roof
- 900mm Cooktop Canopy and Oven
Inclusions
- 2700mm ceiling height
- Additional Ensuite
- Coloured Concrete Driveway up to 35 m2
- Colorbond roof
- Fixed Site Cost up to 500mm Fall
- Double Glazed Windows
- Front Eaves with 3m Return
- 900mm Cooktop Canopy and Oven
- Remote Double Garage with 2 Remotes
- Brickwork over Doors and Windows
- Laminate Timber Look Flooring to Living and Corridors
- LED downlights throughout
- NBN Connection
- Recycled Water Connection
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Armstrong Creek VIC 3217
Armstrong Creek VIC 3217ENQUIRE ABOUT THIS PROPERTY
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- High-yielding properties.
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- Full turnkey properties, 'Ready to Rent'.
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- Tax and depreciation benefits from new properties.
- Buy direct from the builder.
- Investor or SMSF.
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.