Our proven coliving strategy delivers 8–12% yields across new builds and conversions - creating the passive income you need to work less, choose more, and retire on your terms. Typically requires $350K+ in usable equity or cash to get started.
Don't risk your capital on guesswork. Download our free Financial Freedom Blueprint to discover the secrets behind 8-12% yields, see the real numbers from successful projects, and get the clarity you need to invest with confidence.
These aren't just services; they are proven strategies to help you build passive income and achieve your goals, whether you're starting from scratch or optimising an existing property.
Our complete, end-to-end solution. We handle everything from sourcing the property to design, renovation, and management.
Transform your existing property into a premium coliving space, achieving 8-12% yields through strategic, value-add renovation and elevated design.
Design and construct purpose-built coliving properties, engineered from the ground up with elevated design to deliver 8-12% yields.
Hand over the day-to-day. We ensure consistent rental income and manage your coliving property with expert care.
We don't just renovate or manage properties; we transform them into high-performing assets that work for you. As a boutique agency founded by active investors, our entire focus is on a single outcome: delivering the financial results you need to live life on your own terms. We achieve this through our specialist, end-to-end coliving strategy - a model designed to maximise your cash flow, build your equity, and give you back your time.
These properties are more than just assets; they're the foundation for a new lifestyle. See how we've helped investors like you create the cash flow needed for financial freedom.
3 bed, 1 bath - 5 bed, 3 bath
Weekly rent
$650 - $1,950
Before
After
4 bed, 2 bath - 6 bed, 6 bath
Weekly rent
$550 - $2,100
Before
After
4 bed, 2 bath - 5 bed, 5 bath
Weekly rent
$650 - $2,200
Before
After
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 G, Property 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. I'm already planning the refinance so I can get my second property.
- Daniel D, System 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, that had our home running at 4 room occupancy which we were losing money. If you are looking at this type of model to invest don’t cut yourself short, join Mel and do well!
- Ewa O, Retired, Perth
"I founded Elevate Coliving because I've lived the journey you're on. I know what it feels like to be stuck in a job you dislike, wanting more time, choices, and freedom for your family. My own coliving portfolio was my pathway out, and now, my entire focus is on building that same pathway for you. This isn't just a business; it's a mission to help you achieve the life you deserve, while also helping the next generation with beautiful, affordable housing."
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The most common questions from investors considering a move to coliving.
What kind of returns can I realistically expect?
Our model typically triples the gross weekly rent of a standard 3x1 or 4x2 family home. For example, a property that rents for $690/week can generate $1,800-$2,000/week (on average) for 5 to 6 bedrooms once converted. This results in significant positive cash flow after all expenses.
How much capital do I need to get started?
For our full "Done-For-You" service, investors typically require $350k - $400k+ in usable equity or cash. This is an all-inclusive figure that covers the property purchase, full renovation, professional furnishing, and holding costs. The house once refinanced, will get back all your renovation money and then some.
What if the rooms don't fill? Is there real demand?
Yes, the demand is intense. We address the huge market mismatch where 76% of renters are singles or couples, but most available properties are large family homes. This is why we maintain over 98% occupancy and often lease rooms in days to our waiting list of qualified residents.
Is this fully compliant and legal?
Absolutely. Compliance is a non-negotiable cornerstone of our strategy. We handle all council approvals, building codes, and certifications (like 1B classification) to ensure your property is fully legal, protecting you from the significant fines and issues of non-compliant conversions. If you attempt to the renovation yourself and it is not done properly, or not done with licenses or through councils, there may be large fines.
What about extra wear and tear on the property?
This is a common myth. Because our properties include professional monthly cleaning and our team is on-site far more often than a typical residential property, and maintenance is addressed early. We often find our homes have less wear and tear than a standard family rental.
Why can't I just do this myself?
You certainly can, but our service provides the speed, expertise, and risk mitigation that is difficult to replicate. Without the specific licences or local area knowledge required for co-living, investors risk significant finesand costly structural mistakes. We have consistently seen DIY projects earn $50 less per room, per week than our professionally managed properties. Our fee is not an expense; it is your safeguard against leaving money on the table and your fastest route to a maximised, compliant, and truly passive income.
Do you want to spend the next 20 years working for someone else, or are you ready to build a portfolio that works for you? The first step is a simple, no-obligation conversation. Let's see if we're a fit.
Or call us directly on 1300 265 484
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The information on this website is general in nature and does not constitute credit, financial, or investment advice. Elevate Coliving is not a credit provider and does not provide credit services. All prices and financial figures are in Australian Dollars (AUD). Past examples and case studies are provided for illustrative purposes only and are not a reliable indicator of future investment performance or results. We recommend seeking independent professional advice before making any financial or investment decisions.
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