Lot 1217 Ridgebank St, Lara VIC-0

Property Images

Lot 1217 Ridgebank St, Lara VIC-0
  • Traditional Home
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 179

Details

Updated on Jul 23, 2026

Property Type: Traditional Home
Price: $ 719,900
Land Price: $ 357,900
Build Price: $ 362,000
Gross Per Week: $ 570**
Gross Per Annum: $ 29,640
Gross Yield: 4.12%
Capital Growth 12 Months: 7.42%
10Yr Annualised Growth: 7.31%
Vacancy Rate: 0.54%
Property Size: 179 m2
Land Area: 350 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: June 2026
Property ID: 32466
SKU: 1036
Sold:

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

Experience contemporary living with this Traditional Home in Lara, designed to meet the expectations of modern buyers and investors. Offering 4 bedrooms, 2 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.


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.



Combining modern design, location and investment potential, this Traditional Home 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 Traditional Family Home typically features 3-4 bedrooms, offering ample space for comfort and privacy.

Designed with family living in mind, these homes often include generous living areas, a master suite, and outdoor spaces for relaxation and entertainment.

Ideal for families seeking a blend of classic design and modern amenities.

Investing in a Traditional Family Home with 3-4 bedrooms offers robust rental demand and potential for long-term capital growth.

These properties appeal to families looking for space, comfort, and community, making them a stable addition to any investment portfolio.

Floor plans

floor_plan.png
Address Lot 1217 Ridgebank St, Lara VIC
City Lara
State VIC
Postcode 3228
Suburb Lara
Estate Coridale Estate

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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.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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