
"High-Yield 9-Bedroom Co-Living Investment at 558 High Street, Melton West"
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Investment Highlights
This premium co-living investment at 558 High Street, Melton West presents a compelling opportunity with strong rental yield and positive cashflow.
Superior Financial Performance
The property demonstrates exceptional financial metrics that significantly outperform standard residential investments:
- Professional rental appraisal confirming $350 per week per studio
- Substantial annual gross income of $158,886 enabling positive cashflow
- $350 per suite per week rental assessment from professional property managers
- All utilities, internet, furniture and amenities included in the rental model
Complete Turnkey Package
A ready-to-go, fully packaged investment designed for hands-off investors.
- Fully self-contained studio rooms with ensuites and kitchenettes
- Communal living and laundry facilities
- Split-system air conditioning in each studio
- Private outdoor areas and low-maintenance landscaping
- Furniture packages available for immediate rental readiness
Prime Growth Location
Melton West represents one of Victoria's strategic growth corridors with excellent fundamentals:
- Located in Melbourne’s western growth region
- Excellent transport links to Melbourne CBD via road and rail
- Affordable entry point compared to metropolitan alternatives
- Significant government infrastructure investment in the broader region
Strategic Demographic Advantages
This rooming house caters to key demographics driving ongoing demand:
- Growing healthcare and essential services employment base creating steady rental demand
- Increasing popularity of co-living arrangements among young professionals and single occupants
- Attractive affordability drawing essential workers and students
Room Rental Demand
This property benefits from Melbourne’s increasing demand for affordable, all-inclusive rental options:
- Strong demand for affordable accommodation options in this regional centre
- Limited supply of purpose-built co-living accommodation creating market opportunity
- Low room rental supply with rising demand creating favourable conditions for investors
- Clear demographic trends supporting continued demand
Development Activity
Melton City Council has significant development activity in the region supporting long-term growth:
- Melton City Council development approvals showing consistent growth trend
- Strategic planning framework guiding appropriate development
- Government/private investment supporting long-term growth
Market Timing Advantage
Investors are positioned to benefit from strong current and future rental market trends:
- Growing rental yield curve indicating increasing returns
- Relative affordability vs. metropolitan Melbourne
Investment Summary
The 9-bedroom co-living property at 558 High Street, Melton West represents a premium investment combining high yield, affordable entry, and positive cashflow.
For investors seeking both immediate positive cashflow and long-term capital growth, this turnkey property in Melton West delivers a secure and scalable investment opportunity.
Property Specifications
| Feature | Details |
|---|---|
| Address | 558 High Street, Melton West VIC 3337 |
| Price (Turnkey) | $1,430,000 |
| Land Size | 681 m² |
| Bedrooms | 9 |
| Bathrooms | 9 |
| Car Spaces | 4 |
| Rental Yield (Gross) | 11.45% |
| Annual Income (Gross) | $163,800 |
| Build Contract | $730,000 |
| Land Contract | $700,000 |