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Lara VIC 3212

Bedrooms: 6
Bathrooms: 2
Car spaces: 14
Land area: 32.35ha
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Attractive Investment Opportunity : Prime Property on Windermere Road Lara

Inwest Real Estate pleased to present a unique investment opportunity in the heart of Lara, featuring an approximately 80-acre parcel of farming land. This strategic piece of land is ideally positioned within the rapidly expanding Western growth corridor, offering a promising prospect for land bankers and astute investors. Situated in close proximity to notable developments such as Mazeena Village by Dacland, Austin by Austin Land, and Lara Central Estate by Bisinella, this land parcel represents a significant opportunity for growth and development in this thriving region.
This exceptional 80-acre (approximately) farming land is strategically situated, offering unparalleled connectivity to key urban centers. Located within the close vicinity of both Werribee and Geelong, this property enjoys the benefits of a prime location. It is a mere 55-minute drive to Melbourne, ensuring access to the city's diverse economic opportunities and amenities. Additionally, the property is conveniently situated just an 8-minute drive from Lara Station, providing easy access to public transportation for residents and workers. Furthermore, Avalon Airport is only 11 minutes away by car, facilitating seamless travel and trade connections. The nearby Lara Village Shopping Centre, which can be reached in just 8 minutes, ensures that everyday conveniences are within easy reach.
The surrounding area is rich in educational resources, with Lara Lake Primary School catering to the educational needs of the local community. It is noteworthy that farmers and graziers in the region continue to send their children to this esteemed institution. Moreover, the efficient train service, accessible from Lara Station, offers quick and convenient access to both Geelong and Melbourne, further enhancing the property's connectivity and appeal.
This 80-acre parcel of farming land in the urban fringe of Lara West PSP presents a compelling investment opportunity. With its proximity to thriving developments and strategic location, it is well-positioned to benefit from the rapid growth of the Western growth corridor. Whether you are a land banker looking to capitalize on future development potential or an investor seeking to participate in the region's ongoing expansion, this property offers a promising avenue for growth and prosperity.
Lara has experienced significant residential growth and infrastructure investment, underpinned by its strategic location and planned urban expansion. Property values in the area have shown resilience and growth, supported by ongoing development and infrastructure enhancements.
Conclusion:
Windermere Road, Lara, represents a compelling investment opportunity within Lara's long-term urban growth boundary. Whether you're considering residential development, strategic land banking, or securing rental income, this property offers promising prospects for capital appreciation and investment returns over the coming years.
To learn more about this unique opportunity or to arrange a site visit, please contact Rishi on +61 470463248 today. Don't miss the chance to secure your stake in this dynamic and evolving region of Lara West.
http://www.consumer.vic.gov.au/duediligence
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Pictures have been altered

Property Details for Contact Agent For Address, Lara

Building Type
Rural
Land Size
32.35ha

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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 10,765 properties. Over the last 5 years, Houses in Lara have seen a 29.28% increase in median value, while Units have seen a 25.52% increase. As at 31 October 2024:

  • The median value for Houses in Lara is $709,289 while the median value for Units is $448,451.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 111 properties listed for sale, and 22 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 454 properties were sold in the past 12 months in Lara.

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Lateefuddin Mohammed
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