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Overview
Property ID: LA-16228
- Co-Living
- Property Type
- 4
- Bedrooms
- 3.5
- Bathrooms
- 1
- Cars
- 168
Details
Updated on Jul 20, 2025 at 09:40 pm
Property Type: | Co-Living |
---|---|
Price: | $ 632,900 |
Land Price: | $ 290,000 |
Build Price: | $ 342,900 |
Gross Per Week: | $ 780 |
Gross Per Annum: | $ 40,560 |
Gross Yield: | 6.41% |
Capital Growth 12 Months: | -0.78% |
Capital Growth 10 Year Annualised: | 6.29% |
Vacancy Rate: | 2.14% |
Property Size: | 168 m2 |
Land Area: | 298 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3.5 |
Parking: | 1 |
Title Status: | 45869 |
Property ID: | 16228 |
SKU: | 1029 |
Description
This co-living property in Lara VIC offers a high-quality turnkey solution with 4 spacious bedrooms, 3.5 bathrooms, and a single car garage. Set on a 298m² block, the home features a thoughtfully designed 168m² floorplan that balances privacy and shared living. Located within the Parkview Estate, this modern residence is ideal for shared accommodation or investors seeking strong returns. With its east-facing orientation and premium inclusions, it offers excellent value in a rapidly growing corridor.
Suburb profile:
Lara is a popular suburb in the Greater Geelong region, known for its family-friendly environment and accessibility to Melbourne and Geelong via the Princes Freeway. The area offers a blend of rural charm and suburban convenience, with established amenities, schools, and shopping centres. Lara continues to see strong population growth, attracting both homeowners and investors. Its proximity to Avalon Airport and upcoming infrastructure projects add to the suburb's long-term appeal.
Inclusions:
- 2590mm ceiling height throughout
- Full turnkey solution including landscaping, fencing, and driveway
- Plaster ceiling to porch
Site Inclusions - Site Works, Foundations & Connections:
- Fixed price site costs including rock excavation
- Two-part termite treatment
- All service connections (excluding consumer account opening)
- Engineered waffle slab and pine wall frames
Internal Inclusions:
- 67mm single bevel architrave and skirting
- 75mm Scotia cornice
- 2040mm high flush panel doors throughout with lever handles
- Plasterboard walls and ceilings, full house paint and clean on completion
External Inclusions:
- Colorbond fascia, gutter, downpipes, and sectional garage door
- Concrete roof tiles and colour through driveway and porch
- Brickwork with off-white mortar and painted infills above openings
Landscaping Inclusions:
- Combination of turf, plants, mulch and toppings to front and rear yards
- Timber fencing including gate and compacted side paths
- Clothesline, garden taps with timers and levelled nature strips
Electrical Inclusions:
- Double power points throughout
- LED downlights throughout
- Hardwired smoke detectors, TV antenna and 2 phone points
Appliance Inclusions:
- 900mm stainless steel upright cooker and canopy rangehood
- Stainless steel dishwasher
- 20mm Caesarstone kitchen benchtops
Energy Efficiency:
- 6 Star Energy Rating
- Solar hot water with gas booster
- Insulation to walls and ceilings
Warranties:
- 10-year structural warranty
- 3-month maintenance period
- Home Owners Warranty
This co-living property offers an exceptional investment opportunity with high potential rental yield and long-term capital growth in a rapidly developing estate.
A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.
Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.
A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.
Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.
A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.
Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.
Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.
You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.