SOLD
Sold on 29 Jan 2024 for $498,000

22 Balagundi Drive
Lara VIC 3212

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 383m2
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Property Details for 22 Balagundi Dr, Lara

22 Balagundi Dr, Lara is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2002. The property has a land size of 383m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom House sold in Lara in the last 12 months.

Building Type
House
Year Built
2002
Floor Size
118m2
Land Size
383m2
Local Government
Greater Geelong
Lot/Plan
1/PS500591

Last Listing description (March 2024)

An excellent investment opportunity or ideal for those looking to make it their own, this well-constructed 3-bedroom residence on 383 m2 is located in the highly desirable Lakeland precinct. Conveniently positioned within walking distance to schools, shops, and transport, this property offers a blend of comfort and accessibility.

Featuring ducted gas heating, stainless steel appliances, a security system, and a private courtyard, this home is designed for modern living. The open-plan layout is complemented by a neutral color scheme, tiled traffic areas, and generously sized bedrooms, each equipped with built-in robes. The central bathroom provides direct access from the main bedroom, adding to the convenience and functionality of the space.

Completing this well-presented home is a single lockup garage with a remote door, offering both security and ease of access. Don't miss the opportunity to own a property that combines quality construction with practical features in a sought-after location.

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

*Photo ID is required at all open for inspections.*

Property History for 22 Balagundi Dr, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$498,000
29 Jan 2024
Listed for Rent
$390/w
15 Jan 2022
  • 29 Jan 2024
    Sold for $498,000
  • 17 Nov 2023
    Listed for Sale Contact Agent
  • 22 Dec 2021
    Listed for Rent $390 / week
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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.

Suburb Insights for Lara 3212

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Contact agent
Miranda Williams
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Peter Norman
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Ray White 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.