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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 325 investment properties found in Lara on realestateinvestar.com.au

75 Sunlight Cct, Lara

$985,000

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Modern Family Luxury in the Heart of Coridale Estate

Positioned in the highly sought-after Coridale Estate, this stunning JG King home, just over two years young, delivers the perfect blend of modern luxury, space and family functionality. Designed with growing families in mind, the home offers four generous bedrooms, including a luxurious master ...

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VIC 3212


463/40 Watt St, Lara

$725,000

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Desirable Location Space, Privacy and Comfort

Perfectly positioned on a spacious corner block opposite the Community Hub, this immaculate home includes room for versatile living with three bedrooms, ready for you move into today, with nothing more to do A welcoming front alfresco leads inside to light filled open plan kitchen, dining and ...

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VIC 3212


21 Marimba St, Lara

$799,000

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Stunning Family Home in Manzeene Estate

Welcome to 21 Marimba Street, a beautifully designed residential home that offers the perfect blend of comfort and style. This impressive property features 4 spacious bedrooms, including a master suite complete with a walk-in robe and a luxurious ensuite boasting stone benchtops and an oversized ...

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VIC 3212


3/42 Benetti Dr, Lara

$469,000

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FIRST HOME BUYING OR INVESTING AT ITS FINEST!

Discover this delightful 2-bedroom residential unit at 3/42 Benetti Drive, perfect for first-home buyers, savvy investors or downsizers alike. Nestled in a secure location, this property offers peace of mind while being conveniently close to the beautiful Lake Lands walking tracks and the vibrant ...

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VIC 3212


72 Quail Dr, Lara

$1,089,000

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A Grand Family Residence with Iconic Views and Unmatched Space!

Boasting an impressive 44 squares (approx.) of refined living, this commanding double-storey residence delivers space, privacy and luxury on a scale rarely found. Elevated and proud, the home captures sweeping views across Lakelands, Serendip Sanctuary, the You Yangs and the skyline beyond, a ...

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VIC 3212


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