FOR SALE
EOI ending 31/01/2025

115 Duggans Lane
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 114.63ac
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Save

Exceptional 114.63 -Acre Parcel in Lara's Prime Location- Perfect for Investment or Lifestyle!

Raine & Horne Land Victoria proudly presents a unique sale of 114.63 acres prime land with most beautiful views of the You Yang Ranges in Lara. The property is situated right next to Avalon Growth Corridor boundary. The Geelong region is experiencing significant growth, as outlined in the G21 Regional Growth Plan, which forecasts an increase in population, employment opportunities, and tourism over the next four decades. Lara is strategically positioned to accommodate a portion of this growth. The area's designation for greenfield urban expansion under the Greater Geelong Planning Scheme aligns with broader regional development goals. This includes the development of new residential, commercial, and community infrastructure designed to support a growing population.
The Lara West Precinct Structure Plan (PSP) aims to accommodate approximately 11,000 residents in about 4,000 new homes. It includes a $37 million investment in roads, community facilities, and sports grounds in Lara West. The plan also features an employment area expected to create 300 jobs, a central hub with amenities supporting 185 ongoing positions, three new schools, community services, sports facilities, parklands, walking trails, and other necessary infrastructure.
Property Features:
• Land Size approx. 114.63 Acres (Farming Zone)
• 4 Bedrooms and 3 bathrooms
• Convenient access to Princes Freeway, Geelong Ring Road, and Bacchus Marsh Road
• Minutes from Lara township with vibrant community
• 10 minutes to Avalon Airport
• 20 minutes to Geelong city centre
• 35 minutes to from some of Australia's best surf beaches
See MoreView Statement of Information

Property Details for 115 Duggans Lane, Lara

Building Type
Commercial
Land Size
114.63ac

Commute Calculator

About Lara 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of total area. The population of Lara in 2011 was 13,845 people. By 2016 the population was 16,375 showing a population growth of 18.3% in the area during that time. The predominant age group in Lara is 40-49 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation. In 2011, 76.8% of the homes in Lara were owner-occupied compared with 75.1% in 2016.

Lara has 10,838 properties. Over the last 5 years, Houses in Lara have seen a 28.77% increase in median value, while Units have seen a 19.60% increase. As at 30 November 2024:

  • The median value for Houses in Lara is $711,780 while the median value for Units is $441,556.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 105 properties listed for sale, and 19 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 493 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

Market Insights
Lara Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lara Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Andy Pandya
Show contact details
Kevin Paghdar
Show contact details
Raine & Horne Land Victoria
Preferred contact:
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.