Is BK Home Broker a mortgage broker?

No. BK Home Broker is an off-the-plan property broker, not a mortgage broker. We match buyers to new build homes from multiple builders across Australia. We do not provide home loan or mortgage advice.

How much does BK Home Broker charge buyers?

Zero. BK Home Broker charges no fees to buyers. We are paid a commission by the builder when a sale settles.

What does BK Home Broker do?

BK Home Broker is Australia's independent off-the-plan property broker. We source new build properties from multiple builders and match buyers based on budget, goals, and location. We cover house and land packages, townhouses, and apartments across QLD, VIC, WA, and NSW.

Cobblebank Spring Co-Living VIC: New Co-Living Homes for Sale 2026

5 days ago
3 min read

Cobblebank Spring Co-Living in Cobblebank, VIC 3338 is a new co-living house-and-land investment in Melbourne's fastest-growing western corridor, within the Melton Priority Development Area — about 31km from Melbourne CBD and two minutes from Cobblebank Station. Co-living packages are priced around $848,000, targeting an estimated 5.5–6.5% gross yield from a single title. BK Home Broker offers zero-fee access to Cobblebank Spring Co-Living — developers pay the commission, so buyers pay nothing for our help.

About Cobblebank

Cobblebank sits within the Melton Priority Development Area, one of Victoria's most actively backed growth precincts with a population target of 150,000 by 2041. Population growth since 2021 has reached 48.8% — more than five times the national average — and Melton's rental vacancy sits below 1.3%, supporting strong rental demand.

State infrastructure investment is concrete, not speculative: a 100-hectare Metropolitan Activity Centre around Cobblebank Station, Victoria's first fully electric public hospital with maternity and ICU under construction, a newly opened secondary school (Kolorer College), and a TAFE campus in delivery. Parks, a stadium, cafes and Coles are already operational, and Cobblebank Station puts Melbourne and Ballarat within direct reach on the V/Line network.

Cobblebank Spring Co-Living Homes and Pricing

Cobblebank Spring Co-Living packages are configured as 4–5 bedroom homes with up to five bathrooms on a single title — one loan, one rates bill, one insurance policy, managing multiple rental income streams. Build areas run around 205–206 m² on 400 m² lots.

Available lots: Lot 23 and Lot 217 — priced at $848,000, 400 m² land, 205–206 m² build. Lot 217 is titled for immediate settlement; Lot 23 titles in May 2026. The estate sits in the $800K–$900K band. Confirm current lot availability at enquiry — releases here move quickly.

Who Should Buy at Cobblebank Spring Co-Living

Cobblebank Spring Co-Living is built for investors seeking yield in a Melbourne growth corridor under $850K. The co-living structure generates several rental income streams from one title, providing a vacancy buffer that standard single-family house-and-land cannot match, at an estimated 5.5–6.5% gross yield.

With one lot already titled, an investor can settle and begin generating income immediately rather than waiting on an off-the-plan build. The shared-room configuration is designed for rental income, so it is less suited to owner-occupiers wanting a conventional family layout.

Victorian First Home Buyer Grants

Although Cobblebank Spring Co-Living is primarily an investment product, Victorian first home buyers of new builds generally can access the $10,000 First Home Owner Grant, stamp duty exemption under $600,000 and concessions up to $750,000.

The First Home Guarantee enables a 5% deposit with no Lenders Mortgage Insurance subject to price caps. Note that Cobblebank falls within metropolitan Melbourne's western growth area rather than regional Victoria, so the Regional Home Guarantee does not apply here — BK Home Broker can confirm which schemes suit your circumstances.

How BK Home Broker Helps

BK Home Broker is a zero-fee off-the-plan property brokerage operating across QLD, VIC, WA and NSW. We help investors evaluate co-living opportunities like Cobblebank Spring Co-Living, verify yields and titling status, and manage the process from enquiry to settlement — at no cost to you, because the developer pays our commission.

Frequently Asked Questions

How far is Cobblebank Spring Co-Living from Melbourne? Cobblebank sits about 31km from Melbourne CBD and two minutes from Cobblebank Station on the Melbourne–Ballarat V/Line line.

What yield does Cobblebank Spring Co-Living target? The co-living packages target an estimated 5.5–6.5% gross yield from multiple rental income streams on a single title, priced around $848,000.

Is BK Home Broker really free for buyers? Yes. BK Home Broker charges buyers nothing — the developer pays our commission. Learn more at bkhomebroker.com.au.