FOR SALE
$800,000

2 Selwyn Street
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1161m2
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1157m2 Expression of Interest Sale 2/7 Selwyn Street, Lara

An exceptional opportunity awaits builders, investors, and home buyers with this vacant land parcel in the heart of Lara. The vendor has already submitted plans for three townhouses, making this a prime opportunity for builders ready to dive into a new project.
Offering 1,157sqm of flat, mostly cleared land with a lovely north-facing aspect, this block provides a blank canvas to bring your vision to life. Whether you are looking to build a dream home, invest in future growth (STCA), or capitalize on the approved townhouse plans, this is an opportunity you cannot afford to miss.
Key Features:
Large 1,157sqm parcel with ample room for a substantial home and space for a shed.
Power, water, and sewerage services are readily available.
Cleared land, ready to build on (STCA), with some established trees in one corner.
Located in a General Residential Zone.
Walking distance to Lara Lake Primary School, kindergartens, child care centres, and local amenities.
Close proximity to public transport, parks, shops, cafes, and restaurants.
Only 10 minutes to Avalon International Airport and 25 minutes to Geelong.
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Property Details for 2 Selwyn St, Lara

Building Type
Land
Land Size
1161m2

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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 10,812 properties. Over the last 5 years, Houses in Lara have seen a 31.15% increase in median value, while Units have seen a 34.63% increase. As at 31 August 2024:

  • The median value for Houses in Lara is $712,287 while the median value for Units is $466,748.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 110 properties listed for sale, and 17 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Lara.

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Rick Sharp
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Jatinder Aashat
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Greenfields Real Estate
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