
“Wallan SMSF Co-Living Investment – Turnkey Class 1A Opportunity in Springridge Estate”
Property analysis by:
Investment Highlights
- Purpose-built Co-Living 1A design tailored for diversified, room-by-room income with professional management suitability.
- SMSF-aligned structure with single dwelling presentation and turnkey inclusions to streamline acquisition and leasing.
- Located in Springridge Estate, Wallan, within a fast-evolving growth corridor supported by strong tenant demand and improving amenity.
- Energy-efficient specification and low-maintenance finishes aimed at reducing operational costs and enhancing tenant retention.
- Close access to transport links, retail, education and community services supporting long-term rental performance.
Key Financials
Purchase price: $735,000 (Land + Build)
Rental appraisal: $750 per week (~$38,688 p.a.)
Gross yield: 5.26%
Vacancy rate: 0.8%
Location & Growth Drivers
Wallan continues to benefit from its position on Melbourne’s northern fringe, attracting residents seeking value, connectivity and lifestyle convenience. Springridge Estate provides a modern community setting with access to retail, schooling and green spaces that appeal to a broad tenant base. Ongoing infrastructure and population growth support steady rental absorption and long-term capital prospects.
Build Specification (Turnkey Co-Living 1A)
- Co-Living 1A compliant layout designed for privacy, safety and compliance, suitable for specialist property management.
- Full turnkey delivery including internal finishes, window furnishings, landscaping, fencing, driveway, clothesline and letterbox.
- Contemporary kitchen with stone benchtops, quality cabinetry and stainless steel appliance package.
- Hard-wearing floor finishes, LED lighting and air conditioning to optimise comfort and durability.
- Security and compliance features appropriate for co-living, with provisions to support room-by-room leasing.
- Builder warranties and quality assurance at handover to protect owner outcomes.