FAQ's
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FAQ's
Common Questions
Buyco-Living is a real estate investment company specializing in acquiring and managing residential properties. We aim to provide investors with opportunities for sustainable income and capital growth through real estate investments.
Buyco-Living focuses on the emerging trend of co-living and communal housing, offering investors a chance to benefit from this growing market. Our approach blends traditional real estate investment with the modern concept of co-living, creating unique investment opportunities.
Buyco-Living support co-ownership, allowing buyers to choose between ownership as Tenants in Common or through a Property Unit Trust. The decision on how to own the home is entirely up to the purchasers. Traditional home ownership typically offers joint tenancy or tenants in common, but Buyco-Living provides an additional option through a Property Unit Trust. This allows individuals to own a specific percentage of a home, giving them the flexibility to sell their share independently without impacting other owners. Private areas within the home can also be individually owned.
Create affordability by paying either half or third of all housing and living costs.
- Establishing greater financial security.
- No longer living a lonely and isolated life.
- Living with a chosen friend, providing a sense of companionship.
- Optimise Health & Safety by no longer living alone.
- Maintaining Independence and quality of life.
- Living with peace of mind, enjoying life everyday.
- Best of both worlds, living with privacy and shared spaces.
For Seniors in particular :
- The Coronavirus will change Seniors thinking about their housing future.
- Retain Capital Gains unlike Retirement Villages where you can lose up to 25% of your investment.
- To co-own a home is a fresh approach to Retirement living.
- Stay connected to family and places you know and love.
- Enables Seniors to age in place, and remain in their family communities.
- Facilitates Seniors to Downsize, live with a friend, and cash up.
Yes, subject to agreement by the Co-owner or Co-Owners.
Yes, each and every buyer must seek independent advice.
Yes, Buyco-Living is fundamentally changing the landscape of residential investing by revolutionizing how Australians live. While the external appearance of a Buyco-Living home remains the same, the interior is optimized for rental returns, setting it apart from standard investment properties.
Buyco-Living homes cater to the 76% of people in search of rental accommodation who are Singles or Couples. These homes are designed to meet the needs of these demographics in various ways.
The potential for increased rental returns becomes evident when you have 2 or 3 self-contained bedrooms, each with an ensuite, and shared communal areas for relaxation and living.
For instance, a typical 3-bedroom home in Regional Victoria rents for approximately $350 per week. A Buyco-Living home rented to 3 single tenants can achieve between $200-250 per week per tenant, as they each have their private luxury space with an ensuite and shared living areas. Three rooms renting at $225 per week per tenant will yield $675 per week, a significant improvement over the rental income from a similarly sized Regional Family Home renting for $350 per week. This represents a 92% increase in rental return.
Smart investors understand that property investment revolves around occupancy. Having multiple rental agreements on a single property reduces the risk of vacancy due to tenants moving out or losing their jobs, thereby safeguarding your rental income stream. When comparing the rental rate of a one-bedroom dwelling to that of a Buyco-Living home, the latter is often more affordable, especially when considering shared living expenses. Renters benefit from purpose-built shared homes with ensuites in every bedroom and multiple shared spaces.
Multiple people can indeed own or invest in a Buyco-Living home. Ownership options can include Tenants in Common or a Property Unit Trust, giving investors flexibility and shared ownership possibilities.
Yes, Australia's cultural diversity where blended families live together, combined with Buyco-Living's shared homes designed with private and communal living spaces, inclusive of quiet areas, lounges, courtyards, office, and study nooks, suit elderly parents, young grandchildren, young adults, and middle aged adults to live together under the one roof.
The Australian Bureau of Statistics estimates 2.75 million people will live in Single Person Households by 2025, caused by ageing population, longer life expectancy, increase in divorce, seperation, and delay in marriage. Everyone wants the same things for a good life : autonomy and choice, purpose, family and friends, good health, and financial security.
Buyco-Living Australia offers a solution for Seniors, Singles, and Multi-generational families by introducing Shared Home Ownership of a home. Co-Ownership enables the cost of housing and living expenses to be shared equally.
