119 Stringybark Dr. LARA, VIC 3212

Lara, Greater Geelong, VIC, 3212

$ 1,005,416 Sold

This property has sold.

Lara, Greater Geelong, VIC, 3212
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 1
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 2
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 3
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 4
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 5
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 6
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 7
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 8
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 9
Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 10

Property Images

Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 1 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 2 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 3 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 4 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 5 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 6 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 7 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 8 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 9 Co-living Investment Property in Lara, VIC (3.62% Yield) | Aus Investment Properties - Photo 10
  • Co-living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 205

Details

Updated on May 22, 2026

Property Type: Co-living
Secondary Type: SMSF
Price: $ 1,005,416
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 700
Gross Per Annum: $ 36,400
Gross Yield: 3.62%
Capital Growth 12 Months: 9.08%
10Yr Annualised Growth: 6.44%
Vacancy Rate: 6.02%
Property Size: 205 m2
Land Area: 448 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Land Title Date: September 2026
Property ID: 24968
SKU: 1045
Sold: Jun 17, 2026

Description

Experience contemporary living with this Co Living in Lara, designed to meet the expectations of modern buyers and investors. Offering 5 bedrooms, 5 bathrooms and 2 car space/s, it provides a functional layout with stylish finishes. The property combines comfort, efficiency and long-term durability. Positioned in a well-connected and growing community, it ensures strong appeal for tenants and buyers alike. An opportunity that blends convenience with future value.

Lara is a popular and fast-growing suburb within the Greater Geelong region, located between Geelong and Melbourne. The area benefits from excellent transport links including train stations and freeway access, along with reputable schools, shopping precincts, and proximity to Avalon Airport. As regional growth continues, Lara has emerged as a prime choice for homebuyers and investors seeking affordability and capital growth potential.

This Co Living in Lara is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address 119 Stringybark Dr. LARA, VIC 3212
City Greater Geelong
State VIC
Postcode 3212
Suburb Lara
Estate LARA LAKES

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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