Already do that with properties I rented in Burwood and Caulfield.
4 or 5 bedrooms. Put 2x bunk beds in each bedroom so you can sleep 4 to a room.
Sub-lease a bed to international students for $100pw
Rental costs me approx $550pw but generates up to $1600-2000pw depending on how many beds I can fit.
A nice little earner.
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