119 Stringybark Dr. LARA, VIC 3212

Lara, Greater Geelong, VIC, 3212

$ 945,096 Sold

This property has sold.

Lara, Greater Geelong, VIC, 3212
Co-living Investment Property in Lara, VIC (3.58% Yield) | Aus Investment Properties - Photo 1

Property Images

Co-living Investment Property in Lara, VIC (3.58% Yield) | Aus Investment Properties - Photo 1
  • Co-living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 166

Details

Updated on May 22, 2026

Property Type: Co-living
Secondary Type: SMSF
Price: $ 945,096
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 650
Gross Per Annum: $ 33,800
Gross Yield: 3.58%
Capital Growth 12 Months: 9.08%
10Yr Annualised Growth: 6.44%
Vacancy Rate: 6.02%
Property Size: 166 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Land Title Date: September 2026
Property ID: 24028
SKU: 1045
Sold: Jun 17, 2026

Description

Positioned within the growing suburb of Lara, this Co Living offers a modern solution for comfortable living and smart investment. With 4 bedrooms, 3 bathrooms and 2 car space/s, it provides a layout that supports both functionality and lifestyle. Its design focuses on ease of living, making it attractive to a wide range of tenants and buyers. Backed by strong growth potential, it stands as a reliable and future-ready property. An ideal addition to any portfolio.

Lara is a thriving township in the Geelong region, offering a mix of country charm and urban convenience. Known for its excellent transport links, shopping options, and schools, Lara is just 20 minutes to Geelong's CBD and a short drive to Melbourne via the Princes Highway. Residents enjoy easy access to natural attractions such as the You Yangs and Hovell's Creek trails, making it a popular choice for families and investors. With ongoing growth and development, Lara continues to deliver long-term potential and lifestyle benefits.

Combining modern design, location and investment potential, this Co Living in Lara offers a well-rounded opportunity. It delivers both immediate appeal and long-term value, making it suitable for a wide range of buyers. A property that stands strong in today's market.

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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