WHAT IS CO-LIVING?

Co-living is a new concept in real estate allowing multiple tenants to rent and reside in 1 property. Homes are built to drive co-working environments and co-living spaces whilst offering private bedroom and bathroom areas.

Homes typical look like a suburban house from the outside, however are purpose-built on the inside to create co-living amenities, with private spaces for each tenant.

BENEFITS FOR LANDLORDS?

  • Positive cash-flow from day 1
  • Attractive rental returns providing multiple rental incomes (3 to 4 rents) on the 1 property.
  • Co-living creates a community within your rental property, encouraging long term renters and better care of your property.
  • Utilise all space & land within your investment property to ensure maximum return.
DID YOU KNOW? Demand for co-living is on a significant rise – the co-living market in Australia was worth $6.5 million in 2019, up from $1.8 million in 2018*. 

BENEFITS FOR TENANTS?

  • Addresses the growing issue of affordability
  • Houses contain upmarket co-living areas – living rooms, gardens and kitchens are spacious and provide modern facilities that would not normally be accessible to an individual renting by themselves.
  • These properties provide a sense of community, addressing social problems of isolation.
  • Key target markets include: new migrants, older Australians, millennials, young professionals, and international students.

CO-LIVING DREAM DEAL:

  • Brand New Co-living Home
  • 3 bed, 3 bath, 2 car, 1 media + 1 living
  • 40 minutes drive south-west of Melbourne’s CBD
  • Land size: 455m2
  • Rental income: $900 per week
  • Rental yield: 8%
  • Price: $589,000

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