Question 1

Is CoLiving legal ?

Accepted Answer

Yes, CoLiving is legal. An increasing number of investors are utilising CoLiving properties as part of their investment strategy.

Question 2

Can I get finance for a CoLiving property ?

Accepted Answer

Yes, there are multiple lenders who provide residential loans for CoLiving properties. We can assist you with finding a suitable lender through our mortgage broker connections.

Question 3

Can I get insurance for a CoLiving property ?

Accepted Answer

Yes, Insurance for CoLiving properties is available.

Question 4

Can I expect capital growth from a CoLiving property ?

Accepted Answer

Yes, CoLiving properties have a much higher rental yield than traditional investment properties and as a result the demand for CoLiving properties should drive capital growth to be equal to or stronger than a traditional property.

Question 5

What type of tenants will I get ?

Accepted Answer

All tenants are vetted with history checks and references in the same way as any investment property.

Question 6

How long are the leases ?

Accepted Answer

The leases are no different from residential leases on traditional properties being a minimum of 6-12 months.

Question 7

What is the demand like for CoLiving rentals ?

Accepted Answer

Coliving properties are in high demand because they cater to a large segment of the rental market being individuals and people who would otherwise rent a studio or 1 bedroom apartment.

Question 8

Can I sell my CoLiving property as a family home ?

Accepted Answer

Yes, you can sell to another investor (most likely) or you can sell to a family. No one is going to complain about having the extra ensuites !

Question 9

What’s the next step if I want to move forward ?

Accepted Answer

Contact us and we will guide you through the process which is similar to buying a traditional investment property.

Frequently asked questions