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Overview
Property ID: LA-15000
- Co-Living
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 1
- Cars
- 140
Details
Updated on Jun 12, 2025 at 11:16 am
Property Type: | Co-Living |
---|---|
Price: | $ 642,200 |
Land Price: | N/A |
Build Price: | N/A |
Gross Per Week: | $ 678 |
Gross Per Annum: | $ 35,256 |
Gross Yield: | 5.49% |
Capital Growth 12 Months: | -0.78% |
Capital Growth 10 Year Annualised: | 6.29% |
Vacancy Rate: | 2.14% |
Property Size: | 140 m2 |
Land Area: | 238 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 1 |
Title Status: | February 2026 |
Property ID: | 15000 |
SKU: | 1029 |
Description
This co-living property is a full turnkey home located in Parkview Estate, Lara. Designed with three bedrooms and three bathrooms, it is ideal for shared living arrangements. The Cartier 15 GE home design includes modern finishes, 2590mm ceiling heights, a secure garage, and a north-facing orientation, making it a practical and appealing investment option.
Suburb profile:
Lara is a growing suburb located in the Greater Geelong region of Victoria. It offers a family-friendly environment with convenient access to Melbourne and Geelong via rail and road. Lara features schools, shopping centres, parks, and proximity to the You Yangs Regional Park, making it a popular choice for both families and investors.
Site Inclusions
- Fixed price site costs including rock excavation
- All service connections (excluding consumer account opening and fibre optic connection if applicable)
- Engineer designed slab/foundations
- Survey and drafting plans
- Design guidelines fixed
- Independent quality inspections
Preliminary Inclusions
- All permits as required by building regulations
Internal Inclusions
- Engineered waffle slab
- Pine wall frames and roof trusses
- 2590mm ceiling height to single storey
- Plasterboard walls, ceilings and cornice
- 67mm single bevel architrave and skirting
- 75mm Scotia cornice
- 1 melamine shelf with hanging rail to bedroom robes
- 2040mm high flush panel doors throughout
- Lever door handles
- Obscure glazing to ensuite, bathroom and WC
- Aluminium sliding windows
- Window locks to all openable windows (keyed alike)
- Venetians to front windows, roller blinds to remaining clear glazed windows and sliding doors
- 3 coat paint system throughout
- Gloss enamel paint to architrave and skirting
- Flyscreens to all openable windows
- Barrier doors to all sliding doors
External Inclusions
- Concrete roof tiles
- Colorbond fascia, gutter and downpipes
- Bricks as per colour document
- Natural colour mortar with rolled joints
- Brickwork above windows to front facade only
- Painted infills above garage door and all windows and doors to sides and rear
- Plaster ceiling to porch and outdoor living (if applicable)
- Two-part termite treatment
- Colour through concrete driveway and path to porch
- Letterbox with numbers
- Colorbond sectional Panelift garage door with motor and 2 remotes
- Weatherproof rear garage door (plan specific)
- Flush panel garage/house access door (plan specific)
- Concrete floor
- Feature front entry door with clear glazing
- Double cylinder deadbolt to front entry
- Entrance set to all external hinged doors and garage/house access door (plan specific)
Landscaping Inclusions
- Combination of turf, plants, mulch and toppings to front and rear yards
- Irrigation connected to two garden taps with timers
- Compacted paths around perimeter of house
- Timber fencing including wing fence and gate
- Nature strips levelled and seeded
- Clothesline
Electrical Inclusions
- Double power points throughout
- LED downlights throughout
- Single weatherproof LED flood light with sensor outside laundry
- Hardwired smoke detectors with battery backup
- 2 TV points
- 1 TV antenna (estate specific)
- 2 phone points
Appliance Inclusions
- 900mm stainless steel upright cooker and canopy rangehood
- Stainless steel dishwasher
- 20mm Caesarstone benchtops with square edge
- Laminate base and overhead cabinets with bulkhead above
- Stainless steel double bowl sink
- Mixer tap
- Tiled splashback
- 4 melamine shelves to pantry
Upgraded Inclusions
- 2590mm ceiling height
- 900mm appliances
Energy Efficiency
- 6 star energy rating
- Solar hot water service with gas booster
- Insulation to walls and ceilings
- Self-sealing exhaust fans positioned above all showers
- External venting to all exhaust fans and rangehoods
Warranties:
- 3 month maintenance period
- Home owners warranty
- 10 year structural warranty
This co-living property offers a full turnkey solution with premium inclusions and energy-efficient features. Located in a high-growth area, it presents a strong investment opportunity with low-maintenance appeal.
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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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.