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Overview
Property ID: LA-10869
- Co-Living
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 2
- Cars
- 205
Details
Updated on Aug 19, 2025 at 01:19 pm
Property Type: | Co-Living |
---|---|
Price: | $ 798,000 |
Land Price: | $ 360,000 |
Build Price: | $ 438,000 |
Gross Per Week: | $ 1,300 |
Gross Per Annum: | $ 67,600 |
Gross Yield: | 8.47% |
Capital Growth 12 Months: | -3.88% |
Capital Growth 10 Year Annualised: | 6.51% |
Vacancy Rate: | 0.37% |
Property Size: | 205 m2 |
Land Area: | 515 m2 |
---|---|
Bedrooms: | 5 |
Bathrooms: | 5 |
Parking: | 2 |
Title Status: | Titled |
Property ID: | 10869 |
SKU: | 1036 |
Description
This co-living property offers a modern and comfortable living arrangement designed for shared accommodation. The residence features 5 bedrooms, each with its own bathroom, ensuring privacy and convenience. With a total house area of 205.39m² on a 515m² lot, this home provides ample space for tenants. Offered as a complete turnkey package with quality inclusions, it presents a hassle-free investment opportunity.
Suburb profile:
Drouin is a growing suburb in Victoria, located approximately 90km southeast of Melbourne. It is known for its scenic landscapes, family-friendly environment, and access to essential amenities such as schools, shopping centres, and public transport. Drouin combines the charm of country living with suburban convenience, making it attractive for both homeowners and investors seeking long-term growth.
Site Inclusions - Site Works, Foundations & Connections:
- Engineer-designed slab up to P Classification
- Site fall over the building area no greater than 500mm
- Rock excavation & removal allowance included
- Termite treatment
- Temporary fencing
- Site signage & waste management to meet Council requirements
- Stormwater, sewer, water, and single-phase underground power to existing infrastructure
- Recycled water (where applicable)
- NBN run-in to the front of the home (where available)
- Telephone, electricity, and gas by builder (connection fees by owner)
Preliminary Inclusions:
- Engineer site assessment & survey
- Building permit
- Energy rating report (minimum 7-star rating)
- Bushfire (BAL) compliance (where applicable)
Internal Inclusions:
- 2590mm ceiling heights on the ground floor
- 2440mm ceiling heights on the first floor (if applicable)
- Flush panel internal doors with chrome door furniture
- Privacy locks for bathrooms and ensuites
- Robes with mirror sliding doors, melamine shelf & hanging rail
- Linen cupboard with four shelves and sliding doors
- Blockout roller blinds for windows and external doors (excluding obscure glazed windows)
External Inclusions:
- Face brickwork as per final drawings
- Acrylic rendered features to the front facade (design specific)
- Rendered lightweight cladding or painted cement sheet cladding
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Feature aluminium windows and entry door
- Programmable entry lockset with PIN code keypad
- Garage with Colorbond sectional door and two remotes
- Outdoor living area with ceiling lining and concrete slab floor
Landscaping Inclusions:
- Coloured concrete driveway & path to porch
- Turf for front & rear gardens
- Drought-resistant planting with mulch
- Letterbox and ground-mounted clothesline
- Boundary fencing in accordance with estate requirements
Electrical Inclusions:
- White LED downlights throughout
- Floodlight with sensor outside external doors
- Double power points throughout
- TV point in living area
- Telephone/data points in kitchen and bedrooms
- Ducted exhaust fans with timer to wet areas
- Hardwired smoke detectors with battery backup
- RCD safety switch
Appliance Inclusions:
- 900mm stainless steel electric oven & cooktop
- 900mm stainless steel rangehood
- Freestanding under-bench stainless steel dishwasher
- Provision for microwave
- 1 & ¾ bowl stainless steel sink with mixer tap
Upgraded Inclusions:
- Multi-head split system upgrade for bedrooms & living area available for $14,100
Furniture Pack Inclusions:
- 5 x Queen Beds with mattresses
- Side tables, lamps, and storage units
- Sofa, TV unit, coffee table, armchair
- Dining table & chairs
- TV & internet modem
- Kitchen & laundry appliances, cookware & cutlery set
Energy Efficiency:
- PV system to meet energy rating requirements
- Heat pump with natural gas booster (or electric alternative)
- Insulation to walls & ceilings
Warranties:
- Three-month maintenance period
- Ten-year structural warranty
This co-living property provides a modern, hassle-free investment opportunity with premium inclusions and strong rental appeal. Its thoughtful design ensures both privacy and comfort, making it an ideal choice for investors seeking reliable long-term returns.
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.
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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.