Co-living homes offer investors a lucrative opportunity in the market. These purpose-built properties ensure each sharing resident has dedicated private space, translating into high-income potential.
Advantages of Co-living Investment Properties
Benefit 1: Increased Rental Yields
Co-living properties offer the potential for higher rental yields compared to standard residential homes. Rental yields of 7%-10% and above are achievable, significantly boosting investment returns. This rental income can positively impact your overall financial portfolio.
Benefit 2: Maximised Space Utilisation
Co-living properties are a great way to make the most of available space while meeting the growing need for affordable housing. With smart, shared living arrangements, they offer an ideal balance of comfort and cost-effectiveness.
Benefit 3: Enhanced Borrowing Capacity
The higher rental income from co-living properties can enhance your borrowing capacity when dealing with lenders. This income boost supports expanding your investment opportunities while meeting housing market needs.
Benefit 4: Catering to changing Demographics
Co-living properties fit perfectly with the evolving needs of people looking for single-room accommodation. They offer a great solution for anyone seeking affordable yet comfortable living spaces, meeting the growing demand in today's market.
Benefit 5: Safe and Secure Accommodation
Co-living properties offer secure and comfortable living environments. Residents can live independently while enjoying shared amenities and a supportive community, providing a sense of safety and security.
These benefits highlight why co-living properties are such a smart investment. They not only meet the financial goals of investors but also cater to the changing needs of tenants in today's housing market.
Before we explore this specific property opportunity, let's ensure it aligns perfectly with your investment goals. At Calla Property, our strength lies in our systematic, research-first approach. Through our award-winning Calla Property Insights methodology, we analyse capital cities and regions primed for strong growth, identify suburbs with robust rental demand, and pinpoint demographics driving price appreciation.
Ready to discover if this property could be your next step towards building lasting wealth? Let our property strategists guide you through our proven research process and help match your goals, structure, and budget with the right investment opportunity.
Located In VIC
House and Land: 5 / 5 / 2
Purchase price: $930 800
House: 222 m2: $490 800
Land: 400 m2: $440 000
Est. rent: $1 800 p/w
Land registration: Registered
$20k Post-Settlement Rebate
* This property is classified as a 1B build, rated differently from a general co-living property and considered a rooming house. It requires a 1B permit and must be built to meet nearly the same structural and fire safety standards as a NDIS home. The permit cost is $15,000. The furniture cost for a 5-bedroom property is $29,700, as outlined below.
The floor plan, furniture and fixtures, measurements, and dimensions are approximate and are for illustrative purposes only.
Contact us today so we can start Building Your Dreams.
Calla Property Investment Specialists:
+61 407 465 850 | +61 482 080 189