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Investment Property Lara, VIC, 3212

Suburb Snapshot

Lara is a suburb in the Greater Geelong Region of Victoria. Lara has a population of 16,354 people and 20.46% of its occupants live in rental accommodation. The median listing price for houses is $679,000 and this has changed -1.24% over the past year and changed -2.10% over 2 years.

The median rent in Lara for houses is $550 per week and the median rental yield is 4.21%. Stock on the market for houses/townhouses has changed 9.94% compared to last year and the average time to sell a house/townhouse is 235 days.The median listing price for units is $430,000 and this has changed -3.81% over the past year. The average unit takes 70 days to sell and the median rent for a unit in Lara is $400 per week, producing a rental yield of 4.83%.

Supply & Demand in Lara, Greater Geelong

0.50%

Current vacancy rate


49

Rental stock available


16,354

Population


20.46%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Lara, Greater Geelong

  House Townhouses Units
Median listing price $679,000 $554,000 $430,000
Median price change - last quarter -0.81% -0.45% 0.00%
Median price change - 1 year -1.24% 2.02% -3.81%
Median price change - 2 years -2.10% 11.02% NA
  House Townhouses Units
Median weekly rent $550 $445 $400
Median yield % 4.21% 4.17% 4.83%
Median rent change - 1 year 5.76% 3.48% -1.24%
  House Units
Previous month sales 16 0
Stock on market previous month 354 6
Stock variance vs. last year 9.94% -25.00%
Average days on market 235 70

Lara investment property listings

Showing 5 of 345 investment properties found in Lara on realestateinvestar.com.au

N/A, Lara

$750,000

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Luxury inclusions Home & Land Package in Booming Estate Bisinell

Inclusion List: - 1200mm Wide Entry Door - 2.7m High Ceiling - 40-60mm Level 2 Benchtop with waterfall for Kitchen Island - Walk in Pantry with overhead cabinets - Undercover Alfresco area - Outdoor Kitchen Provisions in Alfresco - Under mount kitchen Sink - Led Downlights - Hybrid Floorboards ...

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VIC 3212


N/A, Lara

$740,000

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Luxury inclusions Home & Land Package in Booming Estate Bisinell

Inclusion List: - 1200mm Wide Entry Door - 2.7m High Ceiling - 40-60mm Level 2 Benchtop with waterfall for Kitchen Island - Walk in Pantry with overhead cabinets - Undercover Alfresco area - Outdoor Kitchen Provisions in Alfresco - Under mount kitchen Sink - Led Downlights - Hybrid Floorboards ...

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VIC 3212


5/46 Botanical Dr, Lara

$590,000

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Boutique townhouse living in a peaceful pocket.

Welcome to this recently constructed, low-maintenance townhome, a stylish and flexible residence designed for effortless modern living. With three bedrooms and three bathrooms, including two private ensuites, this home perfectly blends comfort, practicality, and high quality design. Step inside ...

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VIC 3212


29 Fragrant Dr, Lara

$680,000

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Style, Space and Serenity in One Perfect Package

Discover modern sophistication at Bisinella's Manzeene Estate with this exceptional 5-year-old, 4-bedroom, 2-bathroom home. Situated on a 417m² block, this stunning residence perfectly combines convenience with contemporary living. The front of the home features a serene zone designed for privacy ...

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VIC 3212


4 Barley Cl, Lara

$729,000

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Everything at your fingertips on 836m2!

Set in a quiet court location on a generous 836m² (approx.) block, this impressive family home has been thoughtfully designed to provide comfort, space, and functionality both inside and out. With multiple living zones and fantastic side access, it's the perfect choice for families who love to ...

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VIC 3212


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