
Lot S Oski Street, Wyndham Vale VIC (3 beds)
Melbourne, VIC, 3024$ 739,000
Overview
Property ID: LA-12237
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 129
Details
Updated on Mar 28, 2025 at 03:52 pm
Property Type: | Co-Living |
---|---|
Price: | $ 739,000 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 750 |
Gross Per Annum: | $ 39,000 |
Gross Yield: | 5.28% |
Capital Growth 12 Months: | 2.69% |
Capital Growth 10 Year Annualised: | 6.16% |
Vacancy Rate: | 5.28% |
Property Size: | 129 m2 |
Land Area: | 221 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | April 2025 |
Property ID: | 12237 |
SKU: | 1036 |
Description
This co-living property is a purpose-built investment designed for shared living arrangements. Situated in Wyndham Vale’s Jubilee Estate, it offers three bedrooms, three bathrooms, and a single-car garage. The property comes with full turnkey inclusions, ensuring a ready-to-move-in experience upon completion.
Suburb Profile:
Wyndham Vale is a rapidly developing suburb in Melbourne’s western corridor, known for its affordability and strong rental demand. The area features well-planned infrastructure, including public transport, shopping centres, schools, and parks. With ongoing residential and commercial developments, Wyndham Vale remains a key location for investors and homebuyers.
Site Inclusions:
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (minimum 7-star)
- Bushfire (BAL) Compliance (where applicable)
Internal Inclusions:
- Plasterboard lined walls and ceiling with cove cornice
- Carpet to bedrooms and lounge (design specific)
- Laminate timber-look flooring in family living areas & kitchen
- Water-based acrylic paint to all walls & ceilings
- Gloss enamel paint for internal doors, architraves, skirting boards, and door jambs
External Inclusions:
- Engineer-designed wall frames & roof trusses
- Face brickwork and acrylic rendered features to front facade (design specific)
- Rendered lightweight cladding or painted cement sheet cladding (as per final drawings)
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Feature aluminium windows to the front facade (design specific)
- Aluminium windows & external doors to remainder
- Keyed locks on all openable windows and doors
- Aluminium framed flyscreens for all openable windows
- Feature front entry door (design specific)
- Programmable entry lockset with PIN code keypad to the front entry door
- Entry lockset for other hinged external doors (design specific)
Landscaping Inclusions:
- Coloured concrete driveway & path to the front porch (design specific)
- Turf to front & rear garden (as per plan)
- Lilydale / Tuscan toppings (as determined by builder)
- Drought-resistant planting to front & rear garden beds including mulch
- Letterbox
- Ground-mounted folding clothesline
- Landscaping design to be determined by the builder
Electrical Inclusions:
- White LED downlights throughout the house (design specific)
- White LED downlights in the entry & covered outdoor area (design specific)
- Fluorescent strip light in the garage
- Floodlight with sensor at outside external doors (design specific)
- Double power points throughout the house (design specific)
- Power points for fridge and dishwasher space
- TV point in the living area (antenna not included, cable coiled in roof space)
- Telephone/data points in the kitchen & bedrooms
- Ducted exhaust fans with timers in bathrooms, ensuite, laundry, and powder rooms
- White wall-mounted switches and GPOs
- White smoke detectors hardwired with battery backup
- RCD safety switch
Appliance Inclusions:
- 900mm electric oven (stainless steel)
- 900mm electric cooktop
- 900mm rangehood (stainless steel)
- Dishwasher (freestanding underbench stainless steel)
- Microwave provision (design specific)
- 1 & 3 bowl stainless steel sink
- Sink mixer tap
3 beds - Optional $24,990 Furniture package includes
- Queen Beds with Mattresses
- Drawers, Side Tables & Lamps
- Sofa, TV Unit, Coffee Table, Armchair
- TV & Internet Modem
- Dining Table & Chairs
- Kitchen & Laundry Appliances
- Full Cookware & Cutlery Set
Upgraded Inclusions:
- $9,000 upgrade for multi-head split system in bedrooms & living areas
Energy Efficiency:
- PV system to meet energy rating requirements
- Insulation in external walls and ceilings as per home-specific energy rating report
Warranties:
- 3-month maintenance warranty
- 10-year structural warranty
Conclusion:
This co-living property in Wyndham Vale’s Jubilee Estate is an excellent investment opportunity, offering a modern, purpose-built shared-living design with turnkey inclusions. With high-end internal and external finishes, energy-efficient features, and strong rental appeal, it presents a secure and low-maintenance addition to any investment portfolio.
A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.
Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.
A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.
Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.