Lot S22 Keith Street, Parkdale VIC

Parkdale, Bayside Suburbs Victoria, VIC, 3195

$ 1,920,000

Parkdale, Bayside Suburbs Victoria, VIC, 3195
Lot S22 Keith Street, Parkdale VIC-0

Property Images

Lot S22 Keith Street, Parkdale VIC-0
  • Co living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 3
  • Cars
  • 259

Details

Updated on Jul 20, 2026

Property Type: Co living
Secondary Type: SMSF
Price: $ 1,920,000
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 2,000
Gross Per Annum: $ 104,000
Gross Yield: 5.42%
Capital Growth 12 Months: -4.06%
10Yr Annualised Growth: 5.86%
Vacancy Rate: 0.01%
Property Size: 259 m2
Land Area: 590 m2
Bedrooms: 5
Bathrooms: 5
Parking: 3
Title Status: Established
Property ID: 25112
SKU: 1026
Sold: Jul 20, 2026

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This Co-living in Parkdale presents a rare opportunity to secure a modern, high-growth investment. Featuring 5 bedrooms, 5 bathrooms and 3 car space/s, it blends lifestyle comfort with strong rental appeal. Every detail has been designed to combine style with practicality, making it attractive for both tenants and future buyers. Positioned in one of Australia's fastest-growing areas, this property is built for long-term value and immediate results. A standout choice for anyone seeking both security and growth.


Suburb profile:

Parkdale is a highly sought-after bayside suburb in Melbourne’s south-east, offering an exceptional blend of coastal lifestyle, family convenience, and strong long-term investment appeal. Residents enjoy easy access to Parkdale Beach, the vibrant Parkdale Village shopping precinct, and direct CBD connectivity via Parkdale Train Station, making the suburb popular with both professionals and families. The area is well regarded for quality education options including Parkdale Primary School and Parkdale Secondary College, along with numerous parks, sporting reserves, and recreational facilities. Strong buyer demand, limited housing supply, and its premium bayside location continue to support solid capital growth and rental performance, positioning Parkdale as a standout suburb for lifestyle-focused investors.


Inclusions:

  • Stainless Steel Kitchen Appliances including Dishwasher
  • Renovated Kitchen
  • Ducted Gas Heating throughout
  • Reverse Cycle Air Conditioners x2 in both living areas
  • Timber Flooring and Carpet to some bedrooms
  • Large Outdoor Alfresco with roll-down blinds
  • Wood fire heater
  • Gas log fire to Lounge
  • Elevated ceiling height
  • 2 living areas plus separate dining room
  • Conversion to 5 bed 5 bath co-living included

This Co-living in Parkdale delivers a combination of modern comfort and investment strength. Its thoughtful design and strategic location make it a valuable option for buyers seeking both performance and practicality. An opportunity worth considering.

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 S22 Keith Street, Parkdale VIC
City Bayside Suburbs Victoria
State VIC
Postcode 3195
Suburb Parkdale

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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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