SOLD
Sold on 03 Sep 2024 for $290,000

1 Danby Street
Lara VIC 3212

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 339m2
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Property Details for 1 Danby St, Lara

Building Type
Land
Land Size
339m2
Local Government
Greater Geelong
Lot/Plan
143/PS824647

Last Listing description (November 2024)

Secure this 339m2 corner block with north facing backyard while you can!

Located in Austin Estate, in a great location, this block has arguably the best orientation available. A north facing backyard will allow you to build a new home with the open plan living at the back of the home to capture maximum sunlight all year round.

With 1 less neighbour and very easy access to Bacchus Marsh Road, this block gives you privacy and accessibility. You'll never have to worry about traffic as the land estate grows whilst getting into the estate early will pay dividends as land prices increases when the market shifts.

This block is a short stroll from the walking paths and wetlands currently being developed, with a proposed Private Primary School and State Secondary School to be delivered only a matter of streets away.

Don't be nervous when exploring new build options for this block. Call Nathan Loutit now on 0407 880 925 to understand what new builds are possible on this block, what to look out for and how to best set yourself up for maximum returns when it comes to selling or renting the property in the future.

*All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information.

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Property History for 1 Danby St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$290,000
03 Sep 2024
  • 03 Sep 2024
    Sold for $290,000
  • 24 Jun 2024
    Listed for Sale $275,000-$295,000
  • 19 Jul 2020
    Sold for $235,000

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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 10,766 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 110 properties listed for sale, and 20 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Lara.

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