Rooming house in Ballarat yields up to $1950 weekly, offering higher returns than average rentals.

A rooming house in Alfredton, Ballarat, generates up to $1950 weekly when fully occupied, offering six furnished rooms with private bathrooms. This property type stands apart from shared accommodations by allowing the operator to control tenant selection. With a higher rental yield of 10-12% annually, it contrasts with Ballarat's average of 4.1%, catering to the demand for affordable one-bedroom properties. Investing in a rooming house costs 30-35% more than a regular property but provides a unique housing solution.

2 months ago
5 Articles

Further Reading