Lot S1333 Springridge Estate, Wallan VIC-0
Lot S1333 Springridge Estate, Wallan VIC-1

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Lot S1333 Springridge Estate, Wallan VIC-0 Lot S1333 Springridge Estate, Wallan VIC-1
  • Co living
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 141

Details

Updated on Jun 24, 2026

Property Type: Co living
Secondary Type: Rental Guarantee SMSF
Price: $ 678,300
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 660
Gross Per Annum: $ 34,320
Gross Yield: 5.06%
Capital Growth 12 Months: 4.92%
10Yr Annualised Growth: 7.21%
Vacancy Rate: 0.03%
Property Size: 141 m2
Land Area: 350 m2
Bedrooms: 3
Bathrooms: 3
Parking: 1
Title Status: ‌April 2026
Property ID: 23002
SKU: 1029
Sold: Jun 24, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Positioned within the growing suburb of Wallan, this Co-living offers a modern solution for comfortable living and smart investment. With 3 bedrooms, 3 bathrooms and 1 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.


Suburb profile:

Wallan offers a balanced lifestyle with access to everyday amenities and transport links. The area has consistent demand from renters and owner occupiers, supporting long‑term stability. Local parks, schools and shopping make it attractive for families and professionals.


Inclusions:

  • 100% full turnkey package including landscaping, fencing, and driveway
  • 2590mm ceiling height throughout
  • 7-Star Energy Rating
  • Award-winning builder with over 25 years of experience

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs including rock excavation
  • Two-part termite treatment for long-term protection
  • Concrete path to porch and colour-through concrete driveway

Preliminary Inclusions:

  • Developer-approved façade design
  • Quality assurance and construction compliance to Australian standards

Internal Inclusions:

  • Timber laminate flooring to main living areas (Hynes Collection)
  • Carpet to bedrooms (Royal Parade or Gotham, 7mm underlay)
  • 450x450mm Beaumont Tiles to wet areas including bathroom, ensuite, and WC
  • Wattyl low-sheen wall paint in selected colour schemes (Alpine, Basalt, Ivory, Storm)
  • Laminate cabinetry to all rooms with bulkhead finish

External Inclusions:

  • Concrete roof tiles as per colour schedule
  • Colorbond fascia, gutters, and downpipes
  • Brickwork with natural mortar and rolled joints
  • Brickwork above front façade windows
  • Painted infills above garage doors and windows to side and rear
  • Plaster ceiling to porch and outdoor living (where applicable)
  • Letterbox with house numbers

Landscaping Inclusions:

  • Front and rear landscaping with turf and garden beds
  • Fencing to all boundaries with side access gate
  • Concrete driveway and entry path

Electrical Inclusions:

  • LED downlights throughout the home
  • TV, phone, and data points as per plan
  • Safety switches and smoke detectors in compliance with regulations
  • Exhaust fans to bathrooms and laundry

Appliance Inclusions:

  • 900mm stainless steel upright cooker
  • 900mm stainless steel canopy rangehood
  • Stainless steel dishwasher
  • Stainless steel double bowl sink with chrome mixer tap

Upgraded Inclusions:

  • 20mm Caesarstone benchtops with square edge
  • High-quality laminate overhead and base cabinets with ABS edging
  • Tiled splashback in kitchen (Beaumont Tiles)
  • Feature front entry door (2040mm x 820mm) with clear glazing
  • Colorbond sectional Panelift garage door with motor and two remotes

Furniture Pack Inclusions:

  • Optional add-on furniture package available at additional cost

Energy Efficiency:

  • 7-Star Energy Rating ensuring optimal thermal performance
  • Insulated ceiling and walls for energy savings
  • Water-efficient tapware and fixtures

Warranties:

  • Standard builder's structural warranty
  • Manufacturer's warranties on appliances and fittings

This property is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth while ensuring everyday comfort for residents. A reliable choice in today's market.

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

Address Lot S1333 Springridge Estate, Wallan VIC
City Melbourne
State VIC
Postcode 3756
Suburb Wallan
Estate Springridge Estate

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ENQUIRE ABOUT THIS PROPERTY

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  • High-yielding properties.
  • Independent rental assessment.
  • Full turnkey properties, 'Ready to Rent'.
  • Brand new properties with builders warranty.
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  • Buy direct from the builder.
  • Investor or SMSF.
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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.

SMSF Single Contract

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