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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 $690,000 and this has changed -0.44% over the past year and changed 18.25% over 2 years.

The median rent in Lara for houses is $520 per week and the median rental yield is 3.91%. Stock on the market for houses/townhouses has changed 4.92% compared to last year and the average time to sell a house/townhouse is 184 days.The median listing price for units is $447,000 and this has changed NA over the past year. The average unit takes 77 days to sell and the median rent for a unit in Lara is $410 per week, producing a rental yield of 4.76%.

Supply & Demand in Lara, Greater Geelong

0.58%

Current vacancy rate


54

Rental stock available


16,354

Population


20.46%

Rental population


0.97%

Current vacancy rate


1,392

Rental stock available


233,426

Population


23.30%

Rental population


0.87%

Current vacancy rate


26,641

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 $690,000 $535,000 $447,000
Median price change - last quarter -1.01% 0.37% -2.62%
Median price change - 1 year -0.44% 7.21% NA
Median price change - 2 years 18.25% 47.79% NA
  House Townhouses Units
Median weekly rent $520 $430 $410
Median yield % 3.91% 4.17% 4.76%
Median rent change - 1 year 4.00% 1.17% 7.89%
  House Units
Previous month sales 2 0
Stock on market previous month 341 9
Stock variance vs. last year 4.92% 200.00%
Average days on market 184 77

Lara investment property listings

Showing 5 of 408 investment properties found in Lara on realestateinvestar.com.au

148/40 Watt St, LARA

$435,000

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VIC 3212


45 St Andrews Dr, LARA

$1,350,000

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VIC 3212


19 Osprey Ct, LARA

$899,999

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House

VIC 3212


49 Woodland St, LARA

$870,060

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House

VIC 3212


Lot 1126 Watercourse Ave, LARA

$818,413

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VIC 3212


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