Class 1B Rooming House - regional - VIC
Alternative
High-Yield Options
Compelling alternatives that may better suit your needs
While rooming houses offer significant benefits to investors, we understand they may not fit your investment strategy or financial capability. If this is the case, we have access to viable alternative solutions, including co-living and dual-key properties catering to a different niche within the multi-tenanted and shared accommodation market.
Co-living
A purpose-built co-living house is fundamentally a 4-bedroom, 3-bathroom traditional home specifically designed to accommodate 3 individual tenants, providing 3 revenue streams, in a shared living environment.
They're often seen as a viable alternative for clients looking for higher rental yields than traditional single-tenant properties, but at a lower investment level to a rooming house and financed through standard residential lending.
They're often seen as a viable alternative for clients looking for higher rental yields than traditional single-tenant properties, but at a lower investment level to a rooming house and financed through standard residential lending.
Dual-key
Dual-key properties also look like traditional residential houses from the outside, but comprise of two separate dwellings on the inside. Each dwelling is usually self-contained with their own entrance, with each side rented to individual tenants, providing 2 revenue streams.
These properties often have 3 bedrooms, 2 bathrooms on one side; and 1 to 2 bedrooms, 1 bathroom on the other side. Each dwelling is separately metered.
These properties often have 3 bedrooms, 2 bathrooms on one side; and 1 to 2 bedrooms, 1 bathroom on the other side. Each dwelling is separately metered.
Broader benefits to
multi-tenanted property investments
Co-living houses inherently promote an eco-friendlier lifestyle. Shared living spaces and common areas encourage responsible energy and resource consumption. Equally as important, they provide a sense of community and help address loneliness and reduce social isolation.
Both co-living and dual-key properties can provide a range of benefits to investors including higher rental yields, reduced rental income risks through multiple tenancies, and increased use of land compared to traditional single-tenanted residential properties.
Both co-living and dual-key properties can provide a range of benefits to investors including higher rental yields, reduced rental income risks through multiple tenancies, and increased use of land compared to traditional single-tenanted residential properties.
"People say, ‘I want to be rich.’ The question is, are you willing to do what it takes?"
- Robert Kiyosaki
Frequently Asked Questions
What is a co-living house?
How does co-living work?
What type of tenants live in co-living properties?
Can we convert a normal house into a rooming house as another option?
