co living property investment
From an investment perspective, the Co-Living model increases the weekly yield substantially.
A Co-Living house is a type of residence where the occupants each have their own bedroom, but also are able to share amenities such as a kitchen, laundry, dining room, and other common areas. There may be options to have private living spaces and kitchenettes for tenants as well.
Co-Living offers an innovative and problem-solving approach to the rental crisis and is a fantastic option for both tenants and investors, producing net yields of 10% plus.
NDIS Smart & Simple Investment Guide
Our 11 page guide covers the eight must do steps to succeed in your NDIS property investment journey.
“It is said that cash flow allows you to stay the journey, and capital growth is the reward for finishing the journey.”
the facts
Ultra-low vacancy rates combined with a low supply of new dwellings, high demand and a rising population have created a perfect storm environment that has pushed Australia’s market into a rental crisis. Recent house price rises combined with record interest rate increases mean a growing section of the working community will rent for longer, many choosing to be long-term, or even lifetime, renters.
According to the latest Australian Bureau of Statistics (ABS) data, there are nearly 10 million households in Australia, of which 66-67% are owner-occupiers. However, there isn’t enough rental stock available for the other 31% of the population.
A balanced rental market is one that has a vacancy rate of around 2%, and anything below 2% describes a situation where demand from tenants is exceeding the supply of available properties. The current national vacancy rate sits at just 1.2%