Lot 542 - Austin Estate - Lara
Lara, City of Greater Geelong, VIC, 3212$ 577,750
Overview
Property ID: LA-8544
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 139
Details
Updated on Mar 11, 2025 at 01:01 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 577,750 |
| Land Price: | $ 265,000 |
| Build Price: | $ 312,750 |
| Gross Per Week: | $ 500 |
| Gross Per Annum: | $ 26,000 |
| Gross Yield: | 4.50% |
| Capital Growth 12 Months: | -0.78% |
| Capital Growth 10 Year Annualised: | 6.29% |
| Vacancy Rate: | 2.14% |
| Property Size: | 139 m2 |
| Land Area: | 221 m2 |
|---|---|
| Bedrooms: | 3 |
| Bathrooms: | 2 |
| Parking: | 2 |
| Title Status: | Q1 2025 |
| Property ID: | 8544 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Minutes from the township of Lara and conveniently close to Geelong, Austin Lara is destined to become a vibrant new community in Melbourne's west, combining natural features such as open parkland and waterways, with access to a wide range of amenities.
Perfectly positioned north of Geelong with convenient train and freeway links, Austin gives you easy access to both Melbourne and Geelong CBD. As a designated growth area, many new amenities are planned in the west Lara region that will make living in Austin more convenient than ever.
Nestled just 40 minutes west of Melbourne's CBD, and 18 km north-east of Geelong, Austin Lara is an evolving new community, offering an unprecedented opportunity for you to build your dream home just a stone's through away from Geelong's stunning coastline.
From the moment you enter Austin, you'll feel like you've arrived somewhere special. Open spaces, native plantings and large-scale pieces of public art integrate seamlessly to create a modern sought-after sanctuary, where you and your family can establish your roots and flourish.
Wide tree-lined streets and large recreational parks shape the estate, offering lots of space for family picnics or leisurely afternoon strolls. A large community park will sit in the heart of the village, which will feature barbeque facilities, play equipment and technology stations.
The waterway reserve will provide habitat for native flora and fauna, with a network of pathways and crossings that will create wonderful, harmonious spaces for you and your children to explore.
Whether you are keeping up your fitness or looking to get more active, our linear parkways will feature fitness equipment and a bike skills course, as well as walking and cycling tracks for the whole community to enjoy.
Austin will offer a diverse range of lot sizes providing plenty of different options, perfect for your family's needs.
As a designated growth area, many new amenities are planned in the west Lara region that will make living in Austin more convenient than ever. These include both primary and secondary schools, a Community Centre and Neighbourhood Activity Centre, which will further enhance community engagement, and create an exciting and innovative precinct for the Austin community to benefit from.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 542 - Austin Estate - Lara
City
City of Greater Geelong
State
VIC
Postcode
3212
Suburb
Lara
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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.
