Lot S213 Sian Circuit, Waurn Ponds VIC

Description

This stunning rooming house property offers a rare high-yield investment opportunity in the heart of Waurn Ponds. With a modern design and premium turnkey inclusions, this 9-bedroom, 9-bathroom home is purpose-built for maximum rental return and long-term tenant satisfaction. Situated on a generous 512m² titled lot, this property is perfectly suited for investors seeking a low-maintenance, fully compliant shared accommodation asset.

Suburb profile:

Waurn Ponds, a suburb of Geelong, Victoria, presents a compelling opportunity for rooming house investments due to several key factors: strong demand for shared accommodation, proximity to Deakin University, attractive rental yields, affordable entry point, and supportive infrastructure and amenities.

Inclusions:

• Hybrid flooring to bedrooms and living, and tiles to the wet areas
• Keyless lock – main entrance door and all bedroom doors
• Air conditioner in all bedrooms and living area
• Full turnkey inclusions

Upgraded Inclusions:

• 2700 mm ceiling height
• 2340h x 920w front door in lieu of the standard
• Additional hot water system for additional ensuite

Appliance Inclusions:

• 900 mm cooktop
• 600 mm dishwasher in the kitchen

Warranties:

• 10-year structural warranty

This rooming house property in Waurn Ponds offers a strong rental return potential of $2,700–$3,000 per week and is fully titled for immediate action. It’s a prime opportunity for investors to capitalise on the growing demand for shared accommodation near key educational and employment hubs.

Rooming House Properties

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 transportation, shopping centers, 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 priorities 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 transportation, 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 young professionals and older singles generally seek this accommodation category.

- Tax depreciation benefits from fixtures and fittings.

- Income security, with income flow even when one tenant moves out.