Lot 1744 Austin, Lara VIC (B)
Lara, Greater Geelong, VIC, 3212$ 877,670
- Dual Key
- Property Type
- 2+2
- Bedrooms
- 2+1
- Bathrooms
- 1
- Cars
- 188
Details
Updated on Oct 26, 2026
| Property Type: | Dual Key |
|---|---|
| Price: | $ 877,670 |
| Land Price: | $ 408,800 |
| Build Price: | $ 468,870 |
| Gross Per Week: | $ 900* |
| Gross Per Annum: | $ 46,800 |
| Gross Yield: | 5.33% |
| Capital Growth 12 Months: | 10.86% |
| 10Yr Annualised Growth: | 6.44% |
| Vacancy Rate: | 6.02% |
| Property Size: | 188 m2 |
| Land Area: | 448 m2 |
|---|---|
| Bedrooms: | 2+2 |
| Bathrooms: | 2+1 |
| Parking: | 1 |
| Title Status: | October 2026 |
| Property ID: | 42733 |
| SKU: | 1039 |
Description
This Dual Key in Lara is a single-level home on a 448 m2 block in the Austin estate, offering 2+2 bedrooms, 2+1 bathrooms and 1 car space across 188 m2. The design combines a two-bedroom, two-bathroom main residence with garage plus a self-contained two-bedroom secondary dwelling with its own kitchen, living area and bathroom, giving investors two separate rental streams from one title. Delivered as a full turnkey package, it is ready for tenants from handover.
Suburb profile:
Lara is a growing township within the City of Greater Geelong, positioned between Melbourne and Geelong. Lara train station on the Geelong line and the Princes Freeway give commuters access to both cities, while Avalon Airport and the You Yangs are close by. Its town-centre amenities and lifestyle appeal support reliable rental demand.
Inclusions:
- Front and rear landscaping driveway and fencing
- 20mm stone benchtops throughout
- Architecturally designed home
- LED downlights throughout
- Colour concrete driveway
- 2590mm ceilings throughout
- Remote control garage
- European appliances
- Tile splashback
- Alarm system
- Self-contained secondary dwelling with own kitchen bathroom and living area
- Hebel separation walls with internal sound insulation
- Colorbond roof
- Double-glazed windows throughout
- Additional reverse cycle split system
- Secondary dwelling 100% electric with check meter and PV solar
This Dual Key in Lara pairs dual-income potential with a turnkey finish and a growth-corridor location, making it a strong option for investors focused on yield.
Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximise their returns.
These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.
This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.
The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.
Features
- 2+2 Bedrooms
- 2+1 bathrooms
- 1 garage
- Dual Key
Inclusions
- Front and rear landscaping driveway and fencing
- 20mm stone benchtops throughout
- Architecturally designed home
- LED downlights throughout
- Colour concrete driveway
- 2590mm ceilings throughout
- Remote control garage
- European appliances
- Tile splashback
- Alarm system
- Self-contained secondary dwelling with own kitchen bathroom and living area
- Hebel separation walls with internal sound insulation
- Colorbond roof
- Double-glazed windows throughout
- Additional reverse cycle split system
- Secondary dwelling 100% electric with check meter and PV solar
Floor plans
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Address
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Lot 15 Burvilles Grove, Armstrong Creek VIC (B)
Armstrong Creek, Greater Geelong, VIC, 3217ENQUIRE ABOUT THIS PROPERTY
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- Investor or SMSF.
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.