Rooming House Investment: Top Benefits and ROI Potential for Property Investors

• Exceptional Rental Yields

  The primary advantage of rooming house investment is the potential for significantly higher rental yields compared to a standard single-tenancy property.

• Meet a Growing Demand

  With housing affordability challenges across Victoria, there is strong and steady demand for affordable, high-quality rental options.

• Potential Tax Advantages

  Investors may be able to leverage tax benefits, including depreciation deductions on the building, furnishings, and fittings, as well as claiming expenses for maintenance and management.

• Portfolio Diversification

  Adding a rooming house to your portfolio introduces a different type of asset class that can be resilient through various economic cycles due to its affordability and consistent demand.

• What legally defines a rooming house in Victoria?

  A rooming house is a building where one or more rooms are available to rent, and the total number of occupants can be four or more. These properties must be registered with the local council and meet specific minimum standards for safety, security, and privacy.

• What makes a property suitable for a rooming house development?

  Key considerations include a flat site, appropriate residential zoning, and a block size of around 400-600m² or larger. Proximity to public transport, shopping centres, and universities adds significant value and appeal for tenants.

• Can you manage the entire permit process?

  Yes. Our team has extensive experience navigating the planning and building permit requirements for rooming houses across different Victorian councils. We manage the entire process from application to approval.

• Can I modify your existing designs or bring my own plans?

  Yes. We offer a flexible service that allows you to either adapt one of our proven rooming house designs or work with our team to develop a completely custom plan from scratch . 

• Who will be my point of contact during the construction?

  You will have a dedicated project manager or construction supervisor as your single point of contact throughout the build. They will provide regular updates and be available to answer any questions, ensuring a smooth and communicative process from start to finish.