Lot 1459 Spirit Street, Lara VIC 3212

Lara, Greater Geelong, VIC, 3212

$ 746,499

Lara, Greater Geelong, VIC, 3212
House and Land Investment Property in Lara, VIC (4.18% Yield) | Aus Investment Properties - Photo 1

Property Images

House and Land Investment Property in Lara, VIC (4.18% Yield) | Aus Investment Properties - Photo 1
  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 177

Details

Updated on Oct 13, 2026

Property Type: House and Land
Price: $ 746,499
Land Price: $ 371,900
Build Price: $ 374,599
Gross Per Week: $ 600*
Gross Per Annum: $ 31,200
Gross Yield: 4.18%
Capital Growth 12 Months: 10.86%
10Yr Annualised Growth: 6.44%
Vacancy Rate: 6.02%
Property Size: 177 m2
Land Area: 383 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Q3 2027
Property ID: 34433
SKU: 1023

Description

This 4 bedroom house and land package in Lara offers 2 bathrooms, a 2 car garage, a 177m2 single storey home on a 383m2 lot, with land titles expected Q3 2027. The package includes fencing and driveway, full front and rear landscaping, a reverse cycle split system to the living area and an alarm system, so it is presented as a complete, tenant-ready investment.

Lara is located in the City of Greater Geelong in Victoria, within the Geelong region. The area is part of a planned residential growth area where new house and land housing stock is being delivered. For investors, this location offers exposure to a growing residential community and the rental demand that comes with it.

As a house and land investment, this property has an estimated rental return of $600* per week, offering a gross yield that supports a sound long-term investment strategy. A brand new home with low maintenance and modern inclusions appeals to quality tenants.

A Traditional Family Home with four bedrooms, generous living space and a practical single storey layout, this property suits the families and household groups who drive steady rental demand in new residential communities.

With long-term rental demand for family-sized homes and the security of a new build, this package is a stable addition to any property portfolio, whether you are buying your first investment property or expanding an existing portfolio.

Features

  • Landscaping
  • Fencing
  • Driveway
  • House & Land
  • Single Storey
  • 4 Bedrooms
  • 2 Bathrooms
  • 2 Car Garage

Inclusions

  • Alarm system
  • Dishwasher
  • Reverse Cycle Split System to Living
  • Downlights throughout
  • Fly Screens and fly doors
  • Clothesline and Letterbox
  • Fully landscaped front and rear
  • Floor Coverings as per specification
  • Window furnishings
  • Fencing and Driveway

Floor plans

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 1459 Spirit Street, Lara VIC 3212
City Greater Geelong
State VIC
Postcode 3212
Suburb Lara
Estate Coridale
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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