OFF MARKET

3 Racheal Close
Lara VIC 3212

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 735m2
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Property Details for 3 Racheal Cl, Lara

3 Racheal Cl, Lara is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 735m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Land Size
735m2
Local Government
Greater Geelong
Lot/Plan
86/PS347693

Last Listing description (November 2023)

Everything about this home is big! Multiple living zones, 3 bedrooms, great sized master bedroom with walk in robe and ensuite, huge garage with remote roller door, workshop, and extra storage space. Rear access to mature and low maintenance gardens.
Main living is semi open plan with high ceilings and bright, north facing aspect opening to spacious and private undercover BBQ/entertainment area, further space behind gates for caravan, boat or trailer etc.
Quality timber kitchen with plenty of storage and bench space. Gas cooking, dishwasher and walk in pantry.

Super quiet, yet handy location with quick access to local and Geelong schools, Lara town centre and parkland, Geelong CBD and Melbourne.
Additional features include: Ceiling fans, gas ducted heating, SS cooling, vaulted ceiling in 2nd living with built in bar. Spa in family bathroom. Built in BBQ.
Currently tenanted on a fixed term lease to mid-April 2024 Currently achieving $460/wk. Vacant possession available after this date.

Property History for 3 Racheal Cl, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$690,000
27 Nov 2023
Listed for Rent
$460/w
01 Apr 2022
  • 27 Nov 2023
    Sold for $690,000
  • 22 Nov 2023
    Listed for Sale $600,000 - $660,000
  • 23 Mar 2022
    Listed for Rent $460 / 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 10,765 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.

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.