Lara, VIC, 3212, Australia

NDIS-SDA properties are hard to find and this package is a stand-out.

Lara is in the Greater Geelong region of Victoria, 18km north-east of Geelong Central Business District. Lara is a country town away from the hustle and bustle of the city without having to compromise on life's essentials.

Location

Lara is known for historic buildings, splendid Sanctuary and nature walk, it is also the site of Melbourne's second airport, Avalon Airport, and the home of the Avalon Airshow. Lara is the perfect location for those who enjoy exploring the Coast and also the sights of the city.

There are many parks, bushwalks, cafes, restaurants, farms, mountain, multiple schools, childcare, woolworths, coles, and so much more! You have the option of working in Geelong (18 minutes to CBD) or Melbourne. The train ride to Melbourne is as little as 45 minutes. Great public transport to both Melbourne and Geelong.

About the Property

- House and land package – 2-part land and build contracts
- Land area is 448sqm and land is registered
- Home is 4.4.1 | 3P + OOA
- Full turnkey.
- Fast build times


The Market

Median house price
2021 – $683K - up 18.3%
2022 – $715K - up 4.7%
Vacancy rate – 0.63%
Rental population – 20.46%

The Key Numbers

As of July 2023 the SDA pricing will be increased, this includes High Physical Support, Improved Liveability, and Robust. For an in-depth explanation of the new pricing, talk to our sales team.

High Physical Support
SDA Income - $85,326 per participant
MRRC - $11,000 per participant
Location Factor - 0.95
Potential Total Income | $183,941
Potential Yield – 19.6%

Improved Liveability
SDA Income - $70,995 per participant
MRRC - $11,000 per participant
Location Factor - 0.95
Potential Total Income |$156,712
Potential Yield – 16.7%

*Please note that these numbers are based on 2 participants only. Numbers will vary for 3 participants.

Ready to get started?

Get in touch. You can secure this property with just $2,000 initial deposit. Make your move soon though as this is going to sell quickly.


Disclaimer
We have in preparing this information used our best endeavours to ensure the information that has been provided is true and accurate. The images and renders provided in this listing by the builder are for illustrative purposes only. They may contain fixtures, furniture or finishing not available for this design. Clients need to refer to the building contract for specific details on specifications and inclusions specific to any property. Specifications and inclusions are subject to change over time. Meridien Group does not accept any responsibility for variations to specifications ad inclusions made by the builder. Financial information is an estimate only and is not warranted or guaranteed. Refer to investment reports for specific details.