Cashflow-positive property, done for you. End to end.
We source the deal, build the coliving home and fill every room, across Perth and Melbourne. You come to the strategy call. We handle the rest.
Neil & Jo Gibb · Founders- 1Source the right deal and site
- 2Manage the entire build
- 3Furnish and photograph it
- 4Living Rooms fills every room
- ✓Backed by three guarantees
Three guarantees. Real money behind every one.
Most providers make promises. We put our own money on the line if we don't deliver.
Full refund. No fine print.
- Covers the entire planning process
- Applies if finance can't be secured
- Available up to signing of the offer and acceptance
Rooms filled, or we pay.
- 75% of the weekly room rate on any room vacant beyond 4 weeks
- Paid until every room is leased
Paid for every week we overrun.
- Benchmarked at 12 to 16 months
- Payments capped at $3,000 if the deadline is missed
On time. On budget. Tenanted. Guaranteed.
The team · UDIA WA Awards night 2026
Recognised for affordable housing.
Our Jacqueline Street, Bayswater coliving project won the Affordable Housing category at the 2026 UDIA WA Awards for Excellence. Recognition from WA's development industry that coliving is a real answer to housing affordability.
Gross yields from independent valuations at completion of individual client projects. Not a forecast.
Growth without cashflow is just waiting
Standard property gives you growth but costs you every month, so you wait years for equity while you keep paying the loan. Coliving fixes that.
Growth, but the debt stays put.
Capital grows slowly, the loan barely moves, and your return depends on the market.
Growth, plus debt that disappears.
Multiple income streams pay down the loan and put cashflow in your pocket from day one.
The only true end-to-end solution
Other providers stop at handover. We stay until every room is filled and paying.
- 01
We source it
Site selection and feasibility, done before you commit to anything.
- 02
We build it
End-to-end project management. Furnished, photographed and ready to lease.
- 03
We fill it
In-house housemate matching through Living Rooms →
Furnished, photographed, leased
One proven process, three phases
The same path we've walked with hundreds of investors, from knowing your numbers to a self-funding portfolio.
- Goals & vision
- Borrowing capacity
- Strategy session
- Search & feasibility
- Project management
- Fit-out & photos
- Tenant management
- Cashflow & debt reduction
- Refinance & go again
What this builds over time
Illustrative, debt-free scenarios based on client trajectories. Your outcome depends on your strategy, borrowing capacity and the market.
1 HMO
3 HMOs
5 HMOs
Illustrative scenarios only. Not a forecast or a guarantee of future performance.
What our clients say
I took a leap of faith and worked with HMO Property Co in 2022 to source and convert a 4 bedroom house into a 6-room HMO. It was one of the best financial decisions I have made. Working with The HMO Property Co group for me was a super smooth, easy and stress-free process. From the sourcing and buying, to the conversion and now management of the property.
I am extremely happy that I worked with Neil on my HMO investment journey! Neil is a real nice guy and very professional. He worked hard and found me what exactly I wanted...an existing HMO property in a major suburb. Freddy and co are managing my property really well. Looking forward to adding one more HMO in my portfolio shortly.
Great business, addressing both a rental and cost of living crisis in one hit. This model is the best practical approach in keeping people off the streets as Perth hits a record low rental vacancy level and exorbitant rent rises. Bills are included in the flat weekly fee, saves you heaps of $. This is the future of rentals and living.
Negative gearing didn't die. It moved.
After the May 2026 Budget, negative gearing stays for new builds and is phased out for established homes. New-build coliving is one of the few strategies that is both negatively geared and cashflow-positive. The free playbook explains what changed and where the opportunity is now.
Free · PDF · 2026 Edition. General information only, not financial advice.
The Coliving Cashflow Academy
Learn the system before you commit. Two modules are free, and your Academy fee is credited toward Concierge if you upgrade later.
Ready to start?
Book a strategy call. We'll look at your borrowing capacity and goals, then map out your pathway.
- 1Welcome & onboarding
- 2Meet your finance specialist
- 3Strategy session