Purpose-built 5 and 6 bedroom coliving homes in Perth, every bedroom with its own ensuite. Let room by room, fully furnished with bills included, and managed by us from handover.
Every bedroom has its own ensuite and its own agreement, fully furnished with bills included, and managed by us from handover. The 5x5 is our smallest home, because anything smaller doesn't deliver good cash flow.
Estimates only, not financial advice. Fully let, furnished, bills included (the owner pays utilities). Cash flow is before tax, at an 80% loan, interest only at 6.5%, after management, utilities and an allowance for vacancy. Prices are confirmed lot by lot.
A standard rental earns one rent from one household. A coliving home earns five, because each ensuited room is let on its own agreement to a working professional.
Median weekly rent for a whole house in Haynes, WA. About 3.4% gross on a $1.09M package.
Four ensuite rooms at $365–$370 plus a couple's room at $460–$470, fully furnished with bills included. About 9.1–9.3% gross.
Haynes package example. Whole-house figure is the published suburb median rent (Aug 2026). Coliving figure is our estimate from current room rates. Coliving rents include utilities and internet, which the owner pays, and the home needs furniture and the 1B fire & safety package.
Most people selling coliving packages hand you the keys and walk away. We manage the home after handover, and our residents and occupancy show it.
From our property management records as at 3 October 2026. Residents and tenants housed counts individual agreements since May 2023. Occupancy is across our WA coliving homes.
"Thanks to Melissa and investing in coliving, I've cut down my hours at work to part-time and have so much more time with my family and young son. The passive income from my two properties is over $50k, and their seamless service has given me the confidence to go for my third."
Gary GProperty investor, Sydney"This is the start of my journey to time freedom. The Done-For-You service was incredible, and my first property is already helping me earn around $25k in passive income."
Daniel DSystem administrator, Sydney"We are very happy with Melissa and her company Elevate Coliving in being able to keep our investment running at full capacity, unlike our previous company. If you are looking at this type of model to invest don't cut yourself short, join Mel and do well!"
Ewa ORetired, Perth
These are existing homes we converted and now manage. A new build is designed for coliving from day one, so it should do at least as well.
Fully let in 2 weeks
Fully let in 2 weeks
Fully let in 3 weeks
Converted homes managed by Elevate Coliving, weekly rent when fully let (December 2025). Past results don't guarantee future rents.
Walk through a finished, furnished 5 bedroom, 5 ensuite coliving home we manage in Perth, room by room.
Book a callEach package is a 5 bedroom, 5 ensuite, double garage home of about 163m² on a 375m² lot, designed for coliving from the floor plan up. Prefer a 6x6? Suitable lots are limited, so ask us what's available or bring your own block.
Walk to Haynes Shopping Centre, minutes from Armadale Hospital and station. Our first new build sold here.
Coastal growth corridor on the new Yanchep rail line, with strong demand from local workers.
Established Swan Valley edge with the highest median rents of our estates and easy access to the airport and Midland.
We design the layout with the build team, because we're the ones who manage it afterwards. That means we care about which rooms rent best and how the home works for five or six working adults, not just how many rooms fit.
One team from start to finish, so nothing falls between the builder, the furniture and the property manager.
We check your finance, goals and timeframe, and whether coliving suits you.
Expression of interest, land contract and deposit. We confirm site costs lot by lot.
Building contract signed, plans and approvals finalised.
We keep you updated through each stage of construction.
Rooms are furnished and marketed ahead of completion so income starts sooner.
We'd rather tell you now than after you've signed.
An example using our Haynes 5x5 package with an 80% loan. Your numbers will depend on your lender, structure and lot, and we'll go through them with you on a call.
Estimates only, not financial advice. Based on the Haynes package price, current room rates and running costs from homes we manage. Some lenders add interest during the build to the loan, which lowers the cash needed. For a 6x6, plan for about $360k.
We do. Elevate Coliving manages coliving homes across WA and VIC, including finding residents, rent collection, maintenance and compliance. Management is charged as a percentage of rent collected.
Mostly working professionals, health workers and tradespeople who want a quality furnished room with bills included. Each resident signs their own agreement and pays a security deposit.
No. Rental figures are estimates based on what comparable rooms let for today, and on our own managed homes. We show ranges, not promises, and we'll walk you through the assumptions on a call.
Yes, but the SMSF rules changed this year. From 10 August 2026, a self-managed super fund can no longer take out a new loan (a limited recourse borrowing arrangement) to buy residential property, and that includes coliving homes. An SMSF can still buy with its own funds. Trusts and companies were not affected by that change and can still borrow, though duty and land tax can work differently. The right structure depends on your situation, so please speak with your accountant or financial adviser before you commit. We're happy to work alongside them.
The 6x6 earns more for a similar build, so if a suitable lot is available it's usually the stronger option. Fewer lots suit a 6x6, so the 5x5 is the one you can secure today in our current estates. We'll show you both for your budget on your call.
The 5x5 is our smallest home. Below five ensuite rooms, the rent no longer covers the loan and running costs well enough to give you good cash flow.
Often, yes. Send us the address and we'll check zoning, lot size and whether a 5x5 or 6x6 fits, including infill sites in established suburbs.
Most investors plan for about $350k in cash or usable equity, plus finance pre-approval or a broker working on it. If you're not there yet, the investor pack is a good place to start.
Our Coliving New Build Investor Pack covers:
Tell us the best time and one of our team will call you for a short, no-pressure chat about your goals and finance.
Pick a time that suits you (Perth time). You will get an email confirmation and a calendar invite straight away.
Choose my call timeWant to read first? Open the investor pack. We will also email you a copy.
Melissa leads each new build and conversion with hands-on involvement from strategy to handover.
Andrew runs our property management team, so the home performs long after the build is finished.
Important information: Prices are indicative and subject to change due to land availability and construction costs, and are only fixed on signing a formal building contract. Rental figures and yields are estimates based on current market evidence and are not guaranteed. Portfolio figures are from homes managed by Elevate Coliving at the date shown and are not a forecast for any particular property. Nothing on this page is financial advice; please seek independent professional advice before proceeding. Elevate Coliving Projects Pty Ltd.
