Co-living property investment involves designing residential homes for shared living, where multiple tenants occupy individual rooms while sharing common spaces. This approach allows investors to generate higher rental yields by leasing rooms individually rather than renting the property as a single dwelling.
Driven by growing demand from young professionals, students, and key workers in well-located metropolitan and growth areas, co-living properties can deliver stronger cash flow, diversified income streams, and reduced vacancy risk, while still maintaining broad resale appeal as a standard residential property when correctly designed and managed.
Imperial Advocates approaches co-living investment with a strategic, data-led mindset focused on long-term performance rather than short-term yield assumptions. We identify locations where co-living demand is sustainable, zoning and council requirements are appropriate, and rental fundamentals support resilient cash flow. Our end-to-end buyer’s advocacy service covers site selection, feasibility analysis, and design coordination to ensure each property is optimised for both income and future resale. By working alongside experienced consultants and builders, we help investors mitigate planning, compliance, and design risks, allowing them to invest in co-living properties with clarity and confidence.
Co-living properties generate income from multiple individual room leases — significantly outperforming single-tenancy yields on the same asset.
With multiple tenants per property, a single vacancy has minimal impact on overall income — unlike traditional residential investment where one vacancy means zero income.
We develop in Melbourne suburbs with proven, sustainable co-living demand — driven by young professionals, students, and essential workers seeking quality shared living.
We manage strategy, site selection, design, construction, and operator engagement — delivering a fully tenanted co-living property straight to your portfolio.
Our properties are purpose-built for shared living — not retrofitted. Each design is optimised for tenant comfort, privacy, and yield performance.
Contribute just 10% upfront. We fund and manage the full development, handing you a completed, tenanted co-living property at the end.
We connect every completed co-living property with experienced co-living operators — ensuring immediate, professional tenancy management from day one.
Co-living properties retain standard residential classification — meaning strong capital growth potential alongside high rental yield.
Co-Living Development
Melbourne, VIC
12–18 months
From 10% (10/90 Model)
Imperial Advocates funds development
75% Occupancy Guarantee for 5 Years
Multiple individual room leases
160+
I was researching last night, and I thought it’ll go for the mid 5’s. F*** you’re a legend man, well done.
Co-Living Investor
Co-living property investment involves developing residential homes where multiple tenants occupy individual rooms while sharing high-quality common spaces. Investors generate income from multiple individual room leases — significantly outperforming single-tenancy yields on the same asset.
Melbourne has strong and growing demand for co-living from young professionals, students, and key workers who want quality shared living in well-located suburbs. This demand drives low vacancy rates and strong, consistent rental income for well-developed co-living properties.
We develop it from the ground up. Imperial Advocates is a property consulting and development firm — not a buyer's agency. We manage strategy, site selection, design, construction, and operator tenanting end-to-end. You receive a completed, income-generating asset.
Our 10/90 model means you contribute just 10% of the total project cost upfront. Imperial Advocates funds and manages the full development, delivering a completed, tenanted co-living property to your portfolio.
A standard rental property generates income from a
single tenancy agreement. A co-living property generates
income from multiple individual room leases on the same
asset — typically delivering significantly higher gross
yields while spreading vacancy risk across multiple tenants.
