Lot 1140 Moss St, Wallan VIC (SMSF)

“Wallan Co-Living Investment – Turnkey Rooming Opportunity in Springridge Estate”

Property analysis by:

Investment Highlights

• Purpose-built co-living home in Springridge Estate, Wallan — designed for high-yield, multi-tenant occupancy.
• Strong investment fundamentals with a 5.1% gross yield and consistent room-by-room rental income of approximately $38,688 per annum.
• Located in a rapidly growing northern Melbourne corridor, supported by 0.8% vacancy rate and 4.3% 10-year average capital growth.
• High-quality turnkey build with modern finishes, full inclusions, and compliance with Class 1B rooming standards.
• Excellent accessibility via the Hume Freeway and Wallan Railway Station connecting directly to Melbourne CBD.
• Proximity to schools, retail, and employment centres enhances long-term rental demand and stability.
• Ideal for SMSF and yield-focused investors seeking consistent cash flow in a tightly held regional market.

Key Financials

Purchase price: $758,000 (Land + Build)
Configuration: 4 Bedrooms | 4 Bathrooms | 2 Car Spaces
Rental appraisal: $750 per week (~$38,688 p.a.)
Gross yield: 5.1%
Vacancy rate: 0.8%
10-year avg. annual growth: 4.3%

Location & Growth Drivers

Wallan is one of Melbourne’s most strategically located northern growth suburbs, positioned just 45 km from the CBD. With convenient access to the Hume Freeway and regular V/Line services, Wallan combines regional lifestyle with metropolitan connectivity.

The Springridge Estate is a master-planned community offering landscaped parks, walking trails, and proximity to local schools and shopping precincts. Continued infrastructure projects across the Mitchell Shire region are driving population and rental growth, positioning Wallan as a long-term high-performance investment hub.

Build Specification (Turnkey)

• Full turnkey inclusions with premium fittings and low-maintenance finishes.
• Designed for co-living with separate ensuite bedrooms and shared living spaces.
• Split-system air-conditioning units in each bedroom and main living area.
• 20 mm stone benchtops, soft-close cabinetry, and stainless-steel appliances.
• Energy-efficient LED lighting, double glazing, and insulation achieving 7-Star energy rating compliance.
• Landscaped front and rear yards, driveway, fencing, letterbox, and clothesline included at handover.
• Comprehensive builder warranty and 90-day maintenance period post-completion.