Prescott Road, Mambourin VIC (5 beds)

Mambourin, Melbourne, VIC, 3024

$ 793,000

Mambourin, Melbourne, VIC, 3024
Prescott Road, Mambourin VIC (5 beds)-0
Prescott Road, Mambourin VIC (5 beds)-1

Property Images

Prescott Road, Mambourin VIC (5 beds)-0 Prescott Road, Mambourin VIC (5 beds)-1

Overview

Property ID: LA-17393

  • Co-Living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 177

Details

Updated on Aug 26, 2025 at 11:19 am

Property Type: Co-Living
Price: $ 793,000
Land Price: $ 379,000
Build Price: $ 414,000
Gross Per Week: $ 1,220
Gross Per Annum: $ 63,440
Gross Yield: 8.00%
Capital Growth 12 Months: 2.69%
Capital Growth 10 Year Annualised: 6.16%
Vacancy Rate: 5.28%
Property Size: 177 m2
Land Area: 388 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: June 2026
Property ID: 17393
SKU: 1036

Description

This stunning co-living property in Mambourin VIC offers a modern and functional design with 5 bedrooms, 5 bathrooms, and 2 parking spaces. With a land size of 388m² and a thoughtfully planned house size of 177m², it delivers both space and convenience. Featuring a stylish and contemporary façade, it provides broad appeal for both tenants and investors alike.

Suburb profile:

Mambourin is an emerging suburb in Melbourne’s west, positioned within the City of Wyndham. Known for its masterplanned communities, Mambourin is rapidly becoming a sought-after location due to its proximity to Werribee, transport links, and future amenities including schools, shopping centres, and green spaces. With growing infrastructure and easy access to Melbourne’s CBD, it presents strong appeal for both families and investors. The suburb’s blend of convenience and community-focused planning makes it a standout choice for long-term growth.


Inclusions:

  • Turnkey package with premium co-living design
  • 2590mm high ceilings
  • Programmable entry locksets to all bedroom doors
  • Energy rating report (minimum 7 star)

Site Inclusions - Site Works, Foundations & Connections:

  • Engineer designed slab up to P classification
  • Stormwater, sewer, water & underground power
  • Temporary fencing, termite treatment, rock excavation allowance

Internal Inclusions:

  • Carpet to bedrooms and laminate timber look flooring to living areas
  • Stone benchtops to kitchen and bathrooms
  • 900mm stainless steel oven, cooktop, and rangehood
  • Dishwasher and microwave provision

External Inclusions:

  • Face brickwork with rendered feature façade
  • Concrete roof tiles with Colorbond fascia and guttering
  • Sectional Colorbond garage door with remote controls
  • Boundary fencing in accordance with estate requirements

Landscaping Inclusions:

  • Coloured concrete driveway
  • Irrigated turf and drought-resistant planting to front & rear
  • Letterbox and clothesline

Electrical Inclusions:

  • White LED downlights throughout
  • Split system air-conditioning in main living area
  • Wall-hung heating panels to bedrooms
  • Hardwired smoke detectors with battery backup

Appliance Inclusions:

  • 900mm stainless steel oven, cooktop, and rangehood
  • 600mm stainless steel dishwasher

Upgraded Inclusions:

  • Optional multi-head split system upgrade for $9,500 (beds & living)

Energy Efficiency:

  • PV solar system meeting energy rating requirements
  • Insulation to all external walls and ceilings

Warranties:

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

This co-living property provides an excellent opportunity for investors seeking strong rental yields and capital growth potential in Melbourne’s expanding western corridor.

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.

Address Prescott Road, Mambourin VIC (5 beds)
City Melbourne
State VIC
Postcode 3024
Suburb Mambourin

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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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