Featured Co-Living Rental Guarantee

Oski Street, Wyndham Vale VIC

Wyndham Vale, VIC, 3024

$ 789,000

Featured Co-Living Rental Guarantee
Wyndham Vale, VIC, 3024
Oski Street, Wyndham Vale VIC-0
Oski Street, Wyndham Vale VIC-1

Property Images

Oski Street, Wyndham Vale VIC-0 Oski Street, Wyndham Vale VIC-1

Overview

Property ID: LA-10012

  • Co-Living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on Apr 11, 2025 at 01:13 pm

Property Type: Co-Living
Price: $ 789,000
Land Price: $ 368,000
Build Price: $ 421,000
Gross Per Week: $ 1,300
Gross Per Annum: $ 67,600
Gross Yield: 8.57%
Capital Growth 12 Months: 2.69%
Capital Growth 10 Year Annualised: 6.16%
Vacancy Rate: 5.28%
Property Size: 205 m2
Land Area: 350 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: Titled
Property ID: 10012
SKU: 1036

Description

This co-living propertyis located in Wyndham Vale's Jubilee Estate. Designed for shared living, it offers a fully turnkey package with premium inclusions. The property comprises five bedrooms, five bathrooms, and a double garage, catering to both investors and occupants seeking a high-yield rental opportunity. It provides a spacious and modern living environment.

Suburb profile:

Wyndham Vale is a rapidly growing suburb in Melbourne's west, offering a mix of residential and investment opportunities. It is well-connected to Melbourne CBD via the regional rail network, with future infrastructure developments planned. The area features parks, schools, shopping centers, and recreational facilities, making it a desirable location for families and investors alike.


Site Inclusions:

  • Engineer Site Assessment & Survey
  • Building Permit
  • Energy Rating Report (minimum 7-star)
  • Bushfire (BAL) Compliance (where applicable)
  • Stormwater, Sewer, Water & Single-Phase Underground Power (to existing infrastructure)
  • Recycled Water (where applicable)
  • NBN run-in to the front of the home (where available)
  • Telephone, Electricity & Gas by Builder (connection fees by Owner)
  • Engineer Designed Slab – Up to P Classification (no piers or suspended slab allowed)
  • Site fall over building area no greater than 500mm
  • Rock excavation & removal allowance included (excluding explosives & core drilling)
  • Termite Treatment
  • Temporary Fencing
  • Site Signage & Waste Management to meet Council Requirements

Internal Inclusions:

  • 2590mm high ceilings on the ground floor
  • 2440mm high ceilings on the first floor (for two-storey designs)
  • Water-based acrylic paint for walls & ceilings
  • Gloss enamel paint for doors, architraves, skirting boards, and door jambs
  • 10mm plasterboard to walls & ceilings
  • Water-resistant plasterboard in wet areas
  • 75mm cove cornice throughout
  • Programmable Entry Lockset with PIN Code keypad on all bedroom doors
  • Privacy locks on bathrooms, ensuites, and powder rooms
  • Bevelled skirting & architraves

External Inclusions:

  • Engineer-designed wall frames & roof trusses
  • Face brickwork (as per final drawings)
  • Rolled joints with natural color mortar
  • Acrylic rendered features to the front facade (design specific)
  • Rendered lightweight cladding or painted cement sheet cladding (as per final drawings)
  • Painted infill above the garage door (design specific)
  • Concrete roof tiles
  • Colorbond fascia, guttering, and downpipes
  • Aluminium-framed windows and external doors
  • Feature Front Entry Door (design specific)
  • Programmable Entry Lockset with PIN Code keypad to front entry door
  • Sectional Colorbond garage door with two remote controls

Landscaping Inclusions:

  • Coloured concrete driveway & path to front porch (design specific)
  • Turf to front & rear gardens
  • Lilydale / Tuscan Toppings (as determined by Builder)
  • Drought-resistant plants in front & rear garden beds, including mulch
  • Letterbox
  • Ground-mount folding clothesline
  • Landscaping design to be determined by Builder

Electrical Inclusions:

  • White LED downlights throughout the house
  • White LED downlights in the entry & covered outdoor area (design specific)
  • Fluorescent strip light in the garage
  • Floodlight with sensor outside external doors (design specific)
  • Double power points throughout the house
  • Single power points for fridge & dishwasher space
  • One TV point in the living area (antenna not included)
  • Telephone/Data points in the kitchen & bedrooms
  • Ducted exhaust fans in bathrooms, ensuites, laundry, and powder room
  • White wall-mounted switches & 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)
  • Freestanding under-bench dishwasher (stainless steel)
  • Microwave provision (design specific)
  • 1 & ¾ bowl stainless steel sink with mixer tap

Upgraded Inclusions:

  • Multi-head split system upgrade for bedrooms & living areas available for an additional $14,100

5 beds - Optional $32,990 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

Energy Efficiency:

  • Minimum 7-star energy rating
  • Heat Pump with Natural Gas Booster OR Electric Heat Pump (where gas is unavailable)
  • PV Solar System to meet energy rating requirements

Warranties:

  • 3-month maintenance period
  • 10-year structural warranty


This co-living investment property in Wyndham Vale offers a high-quality turnkey solution with modern inclusions. Located in the Jubilee Estate, it is well-suited for investors seeking strong rental returns and future capital growth potential.

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.

Documents

Rental Appraisal_1736834594CXROp.pdf

view?usp=drive_link

Furniture Package

view?usp=drive_link

Rental Guarantee

Address Oski Street, Wyndham Vale VIC
City Wyndham Vale
State VIC
Postcode 3024
Suburb N/A

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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.

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