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Overview
Property ID: LA-11666
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 128
Details
Updated on Mar 12, 2025 at 10:42 am
Property Type: | Co-Living |
---|---|
Price: | $ 604,000 |
Land Price: | $ 253,000 |
Build Price: | $ 351,000 |
Gross Per Week: | $ 750 |
Gross Per Annum: | $ 39,000 |
Gross Yield: | 6.46% |
Capital Growth 12 Months: | 2.69% |
Capital Growth 10 Year Annualised: | 6.16% |
Vacancy Rate: | 5.28% |
Property Size: | 128 m2 |
Land Area: | 241 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | Titled |
Property ID: | 11666 |
SKU: | 1036 |
Description
This is a co-living property located in Wyndham Vale, Victoria. It features a modern and efficient design, offering three bedrooms, three bathrooms, and a single-car space. Designed for shared living, the property provides individual privacy while maintaining a functional communal space. The home is part of the Savana Estate, a well-planned community.
Suburb profile:
Wyndham Vale is a growing suburb in Melbourne’s west, known for its family-friendly environment and access to essential amenities. The area has seen significant infrastructure development, including schools, parks, shopping centers, and transport links. It offers strong investment potential due to ongoing growth and demand for housing.
Site Inclusions
- Engineer Site Assessment & Survey
- Building Permit
- Energy Rating Report (minimum 7-star)
- Bushfire (BAL) Compliance (where applicable)
Internal Inclusions
- 2590mm high (nominal) ceiling heights on the ground floor
- 2440mm high (nominal) ceiling heights on the first floor (for double-storey designs)
- Plasterboard walls and ceilings with cove cornice
- Carpet to bedrooms & lounge (design specific)
- Laminate timber look flooring to family living areas & kitchen
- Water-based acrylic paint to all walls & ceilings
- Gloss enamel water-based paint to internal doors, architraves, skirting boards, and door jambs
- 900mm electric oven stainless steel
- 900mm electric cooktop
- 900mm stainless steel rangehood
- 20mm engineered stone benchtops with square edges
- Laminate cabinet doors, drawers & kickboards
- Melamine modular cabinets
- Pantry with four melamine shelves (design specific)
External Inclusions
- Face brickwork to the extent shown on final drawings
- Rendered lightweight cladding or painted cement sheet cladding
- Painted infill above garage door (design specific)
- Concrete roof tiles
- Colorbond fascia, guttering, and downpipes
- Aluminium windows & external doors
- Keyed locks to all openable windows and doors
- Aluminium framed flyscreens on all openable windows
- Feature front entry door (design specific)
- Programmable entry lockset with PIN code keypad
- Entry lockset for other hinged external doors
Landscaping Inclusions
- Coloured concrete driveway & path to front porch
- Turf to front & rear garden
- Drought-resistant planting with mulch
- Letterbox
- Ground-mounted folding clothesline
- Landscaping design to be determined by the builder
Electrical Inclusions
- White LED downlights throughout the house
- White LED downlights in entry & covered outdoor area
- Fluorescent strip light to garage
- Floodlight with sensor outside external doors
- Double power points throughout the house
- Single power points for fridge and dishwasher space
- 1 TV point in the living room (antenna not included)
- Telephone/Data points in kitchen & bedrooms
- Ducted exhaust fans with timers in bathrooms, ensuite, and laundry
- White wall-mounted switches & GPOs
- White smoke detectors with battery backup
- RCD safety switch
Appliance Inclusions
- 900mm electric oven (stainless steel)
- 900mm electric cooktop
- 900mm rangehood (stainless steel)
3 beds - Optional $24,990 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
Upgraded Inclusions
- $9,000 upgrade option for a multi-head split system for bedrooms & living areas
Energy Efficiency
- PV system to meet energy rating requirements
- Insulation to all external walls & ceilings as defined in the energy rating report
Warranties
- 3-month maintenance period
- 10-year structural warranty
This co-living property in Wyndham Vale offers a modern, shared-living design, providing privacy and functionality for multiple occupants. With a titled lot and a turnkey package, it is an attractive investment opportunity in a growing suburb.
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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Oski Street, Wyndham Vale VIC (4 beds)
Melbourne, VIC, 3024ENQUIRE ABOUT THIS PROPERTY
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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.