Lot S215 35 Woodstock Street, Shepparton VIC

Description

This modern Rooming House investment in Shepparton offers five private ensuite bedrooms designed for comfort and functionality. Featuring a spacious shared living area, contemporary finishes, and thoughtful design, this property delivers exceptional rental potential and long-term value. It’s an ideal option for investors seeking consistent returns through a high-demand accommodation model in regional Victoria.

Suburb profile:

Shepparton is one of regional Victoria’s most dynamic growth centres, renowned for its strong local economy, healthcare facilities, and educational institutions. The suburb provides excellent connectivity to Melbourne and surrounding regions via major highways, making it a hub for employment and lifestyle. With ongoing infrastructure development and population growth, Shepparton continues to attract tenants seeking affordability and convenience, creating a stable environment for property investors.

Inclusions:

• Rental appraisal at $300 per room with over 10% Gross Rental Yield
• Class 1B Council Approved Boarding Home
• 2590mm high ceilings
• 5 x bedrooms (one SDA-compliant)
• 5 x bathrooms (one SDA-compliant)
• 5 x pantries to the kitchen
• Full furniture package included
• High-quality flooring throughout
• 6 x split system units (5 in bedrooms, 1 in main living area)
• Full landscaping (front and rear)
• Fencing, letterbox, and clothesline

This Rooming House investment represents an exceptional opportunity for SMSF buyers seeking high rental yields and secure long-term income in a growth regional area.

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 centres, 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 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 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 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.