SOLD
Sold on 20 May 2024 for $1,300,000

187-189 Stephenson Street
Lara VIC 3212

Bedrooms: 3
Bathrooms: 2
Car spaces: 10
Land area: 4541m2
Sold By
Lara Branch Realty
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Property Details for 187-189 Stephenson St, Lara

Building Type
Rural
Land Size
4541m2
Local Government
Greater Geelong
Lot/Plan
5/PS442306

Last Listing description (July 2024)

Set on a fully serviced allotment of 4541m2 approx, this sizeable, stunning custom built home represents absolute quality which is complimented by the soaring 10 foot ceilings, oversized double garage, north facing outdoor living and exceptional additional shedding.

The extensively paved half circular driveway extends from the front boundary to the front door, garage and rear access gate.

The Californian bungalow inspired BV home offers 4 double bedrooms, main with large ensuite and walk in robes.

The grand wide entry hall with soaring ceilings and decorative arches will immediately impress.

Designed for hosting functions and entertaining your large family and friends, the open plan living is comparable to a large ballroom and offers an abundance of options with this unique space.

The exceptional timber kitchen with an abundance of storage and bench space and full length walk in pantry overlooks the main living room.

Ducted heating and refrigerated cooling throughout with coonara type wood heater set in fireplace is perfect for warmth throughout and solar panels to save your power bill.

Outdoor entertaining at its finest with the extensive undercover area with outdoor kitchen and main gas connection.

The shedding comprises a 4 car enclosed shed, an additional 4 car carport high enough for the caravan or boats and smaller storage shedding also. An outdoor or 3rd Loo is provided.

The European kitchen located at the rear of the main shed is fantastic with a built in brick pizza oven, kitchen sink and cupboards for preparation, dining area and just adjacent to the bar.

Located just minutes from the freeway (Melbourne and Geelong access), Lara town centre, Lara train station, supermarkets, schools and restaurants, all whilst boasting a highly desirable acreage lifestyle, this property offers families, tradesmen, business owners and tree-changers the ultimate in semi-rural living.

Other features include:

? Separate carport/caravan storage (12m x 7.2m with high clearance)
? Undercover wood shed
? Fully fenced
? Shipping container storage
? Bore water
? Large, enclosed veggie garden
? Solar panels (5kw)
? 2 x water tanks (30,000lt and 10,000lt)
? Horseshoe driveway
? Oversized double garage with shelving plus internal and rear door access
? Single and double side access
? Situated on just over 1 acre of land with plenty of space for children and pets to have a ball
? Ceiling fans throughout
? 10 foot ceilings
? Ducted and wood fire heating
? Refrigerated cooling

All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent

Property History for 187-189 Stephenson St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,300,000
20 May 2024
  • 20 May 2024
    Sold for $1,300,000
  • 10 May 2023
    Listed for Sale $1,400,000 - $1,475,000
  • 08 Jul 2016
    Sold for $740,000
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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 10,816 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 111 properties listed for sale, and 15 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 435 properties were sold in the past 12 months in Lara.

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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.