Sold

Lot 501 Archer Drive Lara, VIC 3212

Lara, Greater Geelong, VIC, 3212

$ 617,999

Sold
Lara, Greater Geelong, VIC, 3212
Lot 501 Archer Drive Lara, VIC 3212-0

Property Images

Lot 501 Archer Drive Lara, VIC 3212-0
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 117

Details

Updated on Jun 19, 2026

Property Type: House and Land
Price: $ 617,999
Land Price: $ 280,000
Build Price: $ 337,999
Gross Per Week: $ 500**
Gross Per Annum: $ 26,000
Gross Yield: 4.21%
Capital Growth 12 Months: 10.13%
10Yr Annualised Growth: 6.44%
Vacancy Rate: 1.38%
Property Size: 117 m2
Land Area: 222 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: TITLED
Property ID: 26309
SKU: 1045
Sold: Jun 17, 2026

Features

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

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Description

This modern House in Lara delivers a compelling opportunity for both investors and homeowners. Featuring 3 bedrooms, 2 bathrooms and 1 car space/s, it is designed to maximise space, comfort and functionality. Its contemporary design ensures low maintenance while maintaining strong visual appeal. Located in a high-growth area, it supports both steady rental income and long-term appreciation. A property built with both practicality and performance in mind.

Lara offers a peaceful, semi-rural lifestyle between Melbourne and Geelong, with easy access to Lara Train Station and major roads like the Princes Freeway. The suburb features essential amenities including Lara Village Shopping Centre, Lara Lake Primary School, and local nature retreats such as You Yangs Regional Park. Investors are drawn to Lara for its affordability, growth opportunities, and strong rental demand.

This property represents a balanced investment, offering both lifestyle comfort and strong growth potential. Its design, location and functionality make it a dependable choice for investors and homeowners alike. A smart decision for those looking toward the future.

A House and Land Package offers a complete, turnkey solution by combining a brand-new home build with a carefully selected block of land.

Designed for modern living, these packages provide flexible floor plans, contemporary finishes, and the convenience of a streamlined building process.

Ideal for both owner-occupiers and investors, they deliver a hassle-free pathway to securing a quality property in a growing community.

Investing in a House and Land Package presents strong value, with fixed pricing, potential stamp duty savings, and reduced maintenance costs.

With increasing demand in emerging suburbs, these properties offer excellent prospects for rental yield and long-term capital growth.

Floor plans

floor_plan.png
Address Lot 501 Archer Drive Lara, VIC 3212
City Greater Geelong
State VIC
Postcode 3212
Suburb Lara
Estate Austin / 5

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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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