4th April Saturday | 12:30PM – 4:00PM
📍 Kiora Street, Altona Meadows, City of Hobsons Bay, Victoria, 3028 (12.30pm -2.00pm )
📍 25, Argyle Crescent, Werribee, City of Wyndham, Victoria, 3030 (2:30-4.00pm )
We don’t usually open two properties on the same day. We’re doing it this Saturday because these two rooming houses sit in the same growth corridor, are 15 minutes apart by car, and together represent some of the strongest investor returns we’ve ever brought to market. Inspect one or make a morning of both the choice is yours.
Each of the 9 bedrooms is a separate tenancy with its own lease. If one room sits vacant, eight keep generating income. That’s structural resilience you don’t get from a standard single-tenancy rental.
Werribee returns 10.25% gross — $173,160 per year. Altona returns 8%+ — $203,060 per year. Both are fully tenanted assets generating income from settlement, not projections on paper.
Solar systems, heat pump hot water, and high energy star ratings aren’t just sustainability features they directly reduce outgoings. More of the gross yield reaches your pocket each year.
These aren’t renovated houses squeezed into rooming configurations. Both properties are Class 1B rooming houses built from the ground up compliant, durable, and designed to maximise tenancy appeal from day one.
Wyndham City is one of Victoria’s fastest-growing LGAs. Rental demand in Melbourne’s western corridor is structural not cyclical. Tenant supply isn’t shrinking, and purpose-built rooming houses in established suburbs remain genuinely scarce.
Both properties are fully furnished and ready for tenancy from settlement. No delays, no fit-out costs, no project management overhead. Income begins immediately, which is what makes the yield figures on this page real, not theoretical.