Lot 104 Homestead Drive, Lara VIC

Description

This co-living property in Lara VIC presents a smart investment with 3 bedrooms, 3 bathrooms, and single parking. Set on a 235m² lot in the Parkview Estate, the home is designed for shared living and delivers a high-yield opportunity for investors. Priced at $548,500, the CARTIER 15 GE floor plan and SUMMIT façade offer a modern, low-maintenance layout.

Suburb profile:

Lara is a fast-growing suburb between Geelong and Melbourne, ideal for commuters and investors alike. With close access to Avalon Airport, schools, retail hubs and parks, demand for quality rentals remains strong. Its regional location ensures affordability while benefiting from capital growth trends seen across the Greater Geelong area.

Inclusions:

• 2590mm ceiling height throughout
• Turnkey delivery with landscaping, fencing, driveway and letterbox
• Colorbond roof and stylish modern façade

Site Inclusions - Site Works, Foundations & Connections:

• Fixed price site works and engineering
• Rock excavation and slab preparation included
• All utility service connections

Internal Inclusions:

• LED downlights throughout
• Full floor coverings and interior paint finish
• Flush internal doors and built-in robes

External Inclusions:

• Rendered SUMMIT façade
• Exposed aggregate driveway and concrete paths
• Clothesline and letterbox included

Landscaping Inclusions:

• Front and rear turf and plants
• Timber fencing and side gate access
• Mulch, tap points and garden bed

Electrical Inclusions:

• Smoke detectors, NBN ready, TV points
• Double power points throughout

Appliance Inclusions:

• 900mm stainless steel cooktop, oven & rangehood
• Dishwasher included
• Stone benchtops throughout

Energy Efficiency:

• 6 Star Energy Rating
• Solar hot water system with gas booster
• Wall and ceiling insulation

Warranties:

• 10-year structural guarantee
• 3-month maintenance period
• Home Warranty Insurance

This co-living home offers a complete, ready-to-rent package tailored for investors seeking a low-risk, high-return asset in a growing suburb.

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