SOLD
Sold on 03 Feb 2024 for $397,900

1 Gravity Street
Lara VIC 3212

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 415m2
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Property Details for 1 Gravity St, Lara

Building Type
Land
Land Size
415m2
Local Government
Greater Geelong
Lot/Plan
1038/PS821033

Last Listing description (May 2024)

Speak to iBuildNew to receive FREE, INDEPENDENT and EXPERT ADVICE.
Our team of New Home Advisors have decades of experience in the home building industry and are here to help you make an informed decision and support you throughout your home building journey. iBuildNew removes the hassle and helps you to make decisions with confidence.
Please note that this is an unbuilt home and land package.

When you build with Burbank, you build with a team who has over 30 years' experience in delivering quality homes for Australians. You also build with peace-of-mind, receiving a 30 year structural guarantee plus a 15 month maintenance period. So, build with confidence. Build with us! Features: Site Costs Including Rock Assurance,Council and Developer Requirements,12 Month Price Freeze With Option To Extend,Quality Assured With Our 30-Year Structural Guarantee,Multiple Floorplan Options Available,Choice of Facade *Copyright conditions. All photos and illustrations are representative only. This home has not been constructed. This proposed home and land package is subject to engineering plans and developer's approval (if required) and may need to be altered to comply with estate covenants. All associated additional costs required to meet developer approval will be added to the price, as unavailable at time of advertising. Alternate facade and floor plan options are available. Floor plans and specifications may be varied and Burbank reserves the right to change prices or expire the current promotion without notice. For more information on this home design visit www.burbank.com.au - Conditions Apply***

*Images depicted on this site are for illustration purposes only. Facades and other images of homes and land estates may include optional upgrades, additional fixtures, finishes and home or estate features that are not included in the base price of the home or land package such as landscaping, feature tiling, decking, furnishing, feature lighting, pools, etc. Land estate pricing and plans are subject to developer guidelines and may vary at any time.

Property History for 1 Gravity St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$397,900
03 Feb 2024
  • 03 Feb 2024
    Sold for $397,900
  • 18 Oct 2023
    Listed for Sale Not Disclosed
  • 31 Jul 2023
    Listed for Sale Not Disclosed

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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 10,753 properties. Over the last 5 years, Houses in Lara have seen a 30.80% increase in median value, while Units have seen a 29.55% increase. As at 30 September 2024:

  • The median value for Houses in Lara is $711,474 while the median value for Units is $457,228.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 113 properties listed for sale, and 19 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 431 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

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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.