Co-living Investment Property in Lara, VIC (8.75% Yield) | Aus Investment Properties - Photo 1

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Co-living Investment Property in Lara, VIC (8.75% Yield) | Aus Investment Properties - Photo 1
  • Co-living
  • Property Type
  • 5
  • Bedrooms
  • 5
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Oct 20, 2026

Property Type: Co-living
Price: $ 831,900
Land Price: $ 385,900
Build Price: $ 446,000
Gross Per Week: $ 1400*
Gross Per Annum: $ 72,800
Gross Yield: 8.75%
Capital Growth 12 Months: 10.86%
10Yr Annualised Growth: 6.44%
Vacancy Rate: 6.02%
Property Size: 206 m2
Land Area: 400 m2
Bedrooms: 5
Bathrooms: 5
Parking: 2
Title Status: June 2027
Property ID: 42049
SKU: 1036
Sold: Oct 21, 2026

Description

This co-living property in Lara, located in Coridale Estate, has been carefully designed to deliver multiple rental incomes from a single investment. Featuring 5 bedrooms, each with its own ensuite, 5 bathrooms in total and 2 car spaces, it provides 206 m2 of living on a 400 m2 lot, with title expected in June 2027. Shared kitchen, dining and living areas are complemented by programmable PIN entry locks, an accessible ensuite and a reverse cycle split system to the bedrooms and main living. Built to meet the demands of modern tenants, it targets strong rental performance and long-term growth. A high-yield addition to any property portfolio.


Lara sits in the City of Greater Geelong between Melbourne and Geelong, offering a relaxed township feel with practical connections, including Lara train station on the Geelong line and quick access to the Princes Freeway. Local schools, shopping, parks and the nearby You Yangs Regional Park support everyday living, while new estates such as Coridale continue to bring households into the area. For investors, Lara combines comparatively affordable entry prices with steady tenant demand from commuters and families.


This co-living property in Lara is built with long-term growth in mind, offering security, value and strong returns. It provides confidence for investors looking to build wealth through diversified rental income. A reliable choice 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: Co-Living: The Future of Australian Housing.

Features

  • 5 bedrooms
  • 5 bathrooms
  • 2 garages
  • 5 Bedrooms
  • 2 Garages
  • 5 Bathrooms
  • Co-Living

Inclusions

  • Termite treatment
  • Concrete roof tiles
  • Coloured concrete driveway
  • Letterbox
  • 10-year structural warranty
  • Fluorescent strip light to garage
  • 1 & 1/3 bowl stainless-steel sink with mixer tap
  • Microwave provision (design specific)
  • 280L all-in-one electric heat pump hot water system
  • 3-month maintenance period
  • 7-star energy-rated specification (as per home-specific assessment)
  • Full turnkey delivery with internal finishes/floor coverings and window furnishings
  • Ceiling height approx. 2590mm
  • Programmable PIN entry lock to front door and bedroom doors (design specific for bedrooms)
  • Mirror sliding robes to bedrooms with shelf and hanging rail (design specific)
  • Engineer-designed slab suitable up to Class P (no piers or suspended slab)
  • Allowance for site fall up to 500mm over building area
  • Rock excavation and removal allowance (excludes explosives and core drilling)
  • Temporary fencing/site signage and compliant waste management
  • Connections for stormwater/sewer/water and single-phase underground power to existing infrastructure
  • Recycled water connection where applicable
  • NBN run-in to front of home where available (builder to run services; owner pays connection fees)
  • Site assessment and survey
  • Energy rating report (minimum 7 star)
  • Bushfire (BAL) compliance where applicable
  • Building permit
  • 10mm plasterboard to walls and ceilings; water-resistant boards to wet areas in line with waterproofing standards
  • 75mm cove cornice throughout
  • 67x12mm bevelled skirting and architraves; 138x18mm to garage doors
  • Flush panel 2040mm high internal doors with chrome door furniture (bedrooms with programmable PIN locks-design specific)
  • Paint: acrylic to walls/ceilings; gloss enamel water-based to internal timber/doors
  • Flooring: carpet to bedrooms (design specific); laminate timber-look to living/kitchen installed after skirting with quad finish (design specific)
  • Robes to bedrooms (mirror sliders/hinged as design specific)
  • Linen/storage cabinetry with melamine shelves (design specific)
  • Engineer-designed wall frames and roof trusses
  • Face brickwork with rolled joints and natural mortar to design extents
  • Acrylic rendered feature to facade and lightweight/painted cladding to design extents
  • Colorbond fascia/gutters and downpipes
  • Aluminium windows and external doors with flyscreens to openable windows; keyed locks to all openable windows/doors
  • Feature front entry door (design specific)
  • Garage: sectional Colorbond door with 2 remotes; plaster lined (design specific); concrete slab floor; external access door and internal access door (design specific)
  • Irrigated turf to front and rear gardens where applicable
  • Lilydale/Tuscan toppings as determined by builder
  • Drought-resistant planting with mulch where applicable
  • Ground-mounted folding clothesline (design specific)
  • Landscaping design and final extents as per final drawings (where applicable)
  • Boundary fencing in accordance with estate requirements if required
  • White LED downlights throughout and to front entry; additional to covered outdoor area where applicable
  • Floodlight with sensor to external doors (excluding front entry)
  • Double power points throughout; dedicated single points to fridge/dishwasher and microwave space
  • External waterproof power point(s)
  • Data/phone points to kitchen/living and bedrooms (quantity as design specific)
  • TV point(s) to living (and master bedroom in some designs); antenna by owner after handover
  • Ducted exhaust fans with timer to bathrooms/ensuites/laundry/powder interlocked with room light to meet NCC 2022 where design specific
  • White wall switches and GPOs; hardwired smoke detectors with battery backup; RCD safety switch
  • 900mm electric stainless-steel oven
  • 900mm electric ceramic cooktop
  • 900mm stainless-steel or concealed stainless-steel rangehood (design specific)
  • 600mm freestanding stainless-steel dishwasher
  • 20mm engineered stone benchtops with square edge to kitchen and vanities
  • Semi-framed shower screens; tiled shower bases
  • Polished edge mirrors; single towel rails and toilet roll holders
  • Close-coupled toilet suites
  • Ambulant-compliant ensuite fit-out to minimum one bathroom (step-free shower; curtain/rail; seat; AS1428.1 sanitaryware and tapware; wall-hung basin with bottle trap) (design specific)
  • PV solar system sized to meet energy rating requirements
  • Insulation to external walls and ceilings per the home-specific energy rating report
  • Window coverings: block-out roller blinds with chain winders to windows and external doors (excludes obscure glazed windows/sidelights where applicable)
  • Reverse cycle split system to bedrooms and main living

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address

Address Daylight St, Lara VIC (C)
State VIC
Postcode 3212
Suburb Lara
Estate Coridale Estate
Region Geelong

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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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