Lot 9 Fleur Corner, Jackass Flat VIC

“Jackass Flat Co-Living Investment – $55k Income, 8.3% Yield, High-Demand Regional Location”

Property analysis by:

Investment Highlights

• Priced at $664,000 with appraised rental income of $55,149 p.a. – delivering a robust 8.3% gross yield.
• Purpose-built Co-Living 1A design with 3 self-contained ensuites and shared living areas for multiple income streams.
• Located in Jackass Flat, Bendigo — a thriving growth suburb experiencing strong rental demand and population expansion.
• Low vacancy rate: just 1.8% in the area, ensuring consistent occupancy and reliable rental returns.
• Strong long-term growth: 10-year average capital growth of 4.8%, supported by infrastructure and local economic development.
• Fully turnkey build with high-quality inclusions and energy-efficient design, tailored for investor performance and tenant appeal.

Key Financials

Purchase price: $664,000 (Land + Build)
Land price: $260,000
Build price: $404,000
Configuration: 4 Bedrooms | 4 Bathrooms | 2 Car Spaces (Co-Living 1A compliant)
Rental appraisal: $1,080 per week (~$55,149 p.a.)
Gross yield: 8.3%
Vacancy rate: 1.8%
10-year avg. annual growth: 4.8%

Location & Growth Drivers

Jackass Flat is an established residential community located just 4 km north of Bendigo CBD. The suburb benefits from strong population growth, affordable housing, and access to major amenities such as Eaglehawk Road, Canterbury Park, and Bendigo Health Precinct.

With steady infrastructure development, low vacancy, and rental demand from professionals and students, Jackass Flat continues to deliver strong yield and equity growth potential. The suburb’s balance of affordability and convenience positions it as one of Bendigo’s leading co-living investment locations.

Build Specification (Co-Living 1A)

• Specialist Co-Living 1A compliant layout designed for high occupancy and diversified rental income.
• 4 bedrooms including 3 self-contained ensuites and one shared room with access to communal areas.
• Modern kitchen with 20 mm stone benchtops, soft-close cabinetry, and stainless-steel appliances.
• Hybrid flooring, tiled wet areas, and keyless digital locks on all bedroom doors.
• Split-system air-conditioning in every bedroom and main living zone.
• Energy-efficient 7-Star build including full insulation, NBN connection, and LED lighting.
• Fully fenced and landscaped with concrete driveway, clothesline, and letterbox included.
• Comprehensive structural warranty and 90-day maintenance period post-completion.