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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.
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Vivienda en Ballarat rinde hasta $1950 semanales, ofreciendo mayores rendimientos que los alquileres promedio.