A well-positioned co-living investment with strong growth potential, this fully furnished four-bedroom property is ideal for investors looking to lift returns in one of Ballarat’s most in-demand rental pockets. All three rooms are currently leased at $280 per week, generating $846 per week, with the third room now advertised. Once all three leasable rooms are secured, the projected return improves substantially, with full co-living occupancy offering the potential to achieve yields in the mid–6% range, making this a highly appealing long-term asset.
The layout has been thoughtfully designed for practical shared living. Two of the bedrooms feature walk-in robes and private ensuites, making them particularly attractive to co-living tenants. The third bedroom includes a built-in robe, split system, and direct access to the central bathroom. The fourth bedroom is intentionally set up as a second living area, ensuring the property maintains the right balance between private rooms and communal comfort—an important factor for tenant retention and rental appeal. The open-plan kitchen, meals, and main living space forms the central hub of the home, complete with a split system for year-round climate control. The kitchen features an island bench, double sink, large walk-in pantry, and excellent storage. A spacious laundry, separate linen cupboard, low-maintenance backyard, and a double lock-up garage complete the functional design.
Located in a thriving Winter Valley pocket, the home is moments from Delacombe Town Centre, major retailers, restaurants, Bunnings Warehouse, gyms, and well-regarded primary and secondary schools. With the Ballarat CBD approximately ten minutes away and strong demand for furnished co-living accommodation, the rental appeal remains consistently strong. Offering immediate income, furnished convenience, and clear upside as the final room is leased, this property represents a compelling, high-potential investment in a rapidly growing area.
