
Co-Living Made Simple

Co-Living Made Simple

Victoria’s housing shortage is structural, persistent, and growing.

Single-person households have increased by 20% in just five years, creating a rapid rise in demand for well-designed, single-occupancy housing across Victoria.

Despite the growing need, just 0.05% of properties in Victoria are classified as rooming houses — highlighting a massive imbalance between available housing and real demand.

More than 10,000 rental properties left the Victorian market in the past 12 months as many landlords exited the sector, further tightening supply.

Around 74% of homes have three or more bedrooms, yet only 5% are one-bedroom dwellings. The current housing mix simply doesn’t reflect the needs of modern renters.

A purpose-built co-living property in Melbourne can generate over $185,000 annually, compared with roughly $30,000 from a typical single-tenant rental on the same street.

A co-living property with nine tenants means nine separate rental streams. If one room becomes vacant, income continues from the remaining residents — providing greater resilience than traditional leasing.
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