Lot 3404 Modeina Estate, Burnside, VIC

"A premium investment foundation that compounds wealth year after year in Melbourne's thriving western growth corridor"

Property analysis by:

Investment Highlights

This exceptional investment opportunity at Lot 3404, Modeina Estate in Burnside presents a strategically positioned 5-bedroom co-living residence offering 224.6m² of quality living space on a 448m² land parcel. Designed for both substantial rental returns and strong capital growth, this property delivers an impressive 8.5% rental yield in one of Melbourne's fastest-growing western suburbs.

Superior Financial Performance

The property demonstrates remarkable financial metrics that significantly outperform traditional residential investments:

• Impressive 8.5% gross rental yield - substantially higher than Melbourne's average residential returns
• Professional rental appraisal confirming $1,750 weekly income from INVIDA Property Management
• Substantial annual gross income of $91,000 enabling strong positive cashflow
• Turnkey contract price of $1,073,391 representing excellent value in this booming growth corridor
• Land contract component of $564,000 with build contract at $509,391 offering potential tax benefits
• Market-tested rental assessment with verified strong inquiry rates

Complete Turnkey Package

This offering includes a comprehensive turnkey package minimizing additional investment and maintenance costs:

• Coloured concrete driveway
• Complete fencing
• Front landscaping
• Front security camera
• Rear landscaping
• Split systems
• TV antennae
• Reconstituted stone benchtops
• Holland blinds
• The Torcello 12.5 (22Co) modern design

Prime Growth Location

Burnside represents one of Melbourne's most dynamic growth areas with exceptional investment fundamentals:

• Located in Melbourne's booming western growth corridor with excellent connectivity
• Just 22km from Melbourne CBD via the Western Freeway
• Excellent public transport options with nearby Rockbank Station
• Major infrastructure investment including road and rail improvements
• Rapid population growth driving increased housing demand
• Strategic position within Melbourne's western expansion zone ensuring long-term demand

Strategic Demographic Advantages

The region profile reveals key demographic indicators supporting strong ongoing rental demand:

• Diverse workforce population seeking quality accommodation
• Growing professional demographic with increasing income levels
• Strong employment opportunities in nearby industrial and commercial precincts
• Young family demographic attracted to community amenities and new infrastructure
• First home buyer segment creating rental demand before purchase
• Multicultural community with diverse housing needs

Room Rental Demand

The room rental market in Burnside shows exceptional fundamentals for co-living investments:

• INVIDA Property Management rental assessment confirming $1,700-$1,800 weekly income
• Strong demand verified through test marketing with excellent inquiry rates
• Limited supply of purpose-built co-living accommodation creating market opportunity
• Professional property management available minimizing investor involvement
• Growing room rental search data showing consistent increases

Educational & Community Infrastructure

The area benefits from rapidly developing community amenities:

• Growing educational options including new primary and secondary schools
• Proximity to Victoria University and other tertiary institutions
• Expanding healthcare services in the western corridor
• Developing sporting and recreational facilities throughout the region
• Major retail centers including nearby WaterGardens Shopping Centre
• Planned community facilities within the master-planned estate

Development Activity

The property is positioned in an area with strong, strategic development:

• Melton City Council development approvals showing substantial growth
• Strategic planning framework guiding appropriate development
• Significant infrastructure investment supporting property values
• Master-planned communities enhancing neighborhood appeal

Market Timing Advantage

Current market conditions favor investment entry:

• Rising median rents with significant growth trajectory
• Strong buyer demand with decreasing days on market
• Low vacancy rates indicating exceptional rental demand
• Limited rental supply creating significant market opportunity
• Strong population growth forecasts driving long-term demand

Investment Summary

The 5-bedroom co-living property at Lot 3404, Modeina Estate represents a premium investment combining immediate strong cashflow with excellent long-term growth potential. The impressive 8.5% rental yield substantially outperforms traditional property investments, while the strategic location in Melbourne's booming western growth corridor provides exceptional fundamentals for capital appreciation.

For investors seeking both immediate positive cashflow and substantial wealth creation through capital growth, this turnkey co-living property in Burnside delivers an exceptional opportunity to secure a position in one of Melbourne's most dynamic growth markets with minimal ongoing management requirements.