OFF MARKET

37 Rigel Road
Lara VIC 3212

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 100m2
Land area: 585m2
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Property Details for 37 Rigel Rd, Lara

37 Rigel Rd, Lara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 585m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
House
Year Built
1970
Floor Size
100m2
Land Size
585m2
Local Government
Greater Geelong
Lot/Plan
35/LP52584

Last Listing description (February 2020)

If you are looking for a fantastic addition to your investment portfolio or your first home, then look no further. Situated on a practical 579 m2 (approx) block you'll find this great opportunity that features 3 good sized bedrooms, a neat central kitchen with adequate bench and storage space, carpeted lounge with wall heater and air conditioning, an updated main bathroom with shower and bath, lock up garage, undercover alfresco and plenty of rear yard space for the kids to enjoy.Set in a prime location with the Lara train station and other public transport within close proximity, close to schools, shops and within easy access to the Princes Highway making Melbourne CBD a 50-minute drive and Geelong CBD only a 25-minute commute.This property is bound to tick multiple boxes for many buyers. Make sure this one is on your inspection list.Key Features- 3 bedrooms- 579m2 block (approx)- Central Location- Currently leased at $320 per week - Low maintenance yards- Short distance to all major Lara amenities *Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent.

Property History for 37 Rigel Rd, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$415,000
20 Nov 2019
Listed for Rent
06 Nov 2018
  • 20 Nov 2019
    Sold for $415,000
  • 14 Nov 2019
    Listed for Sale $390,000-$420,000
  • 05 Oct 2018
    Listed for Rent - Price not available
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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 10,815 properties. Over the last 5 years, Houses in Lara have seen a 35.55% increase in median value, while Units have seen a 39.84% increase. As at 31 July 2024:

  • The median value for Houses in Lara is $720,867 while the median value for Units is $461,015.
  • Houses have a median rent of $545 while Units have a median rent of $415.
There are currently 108 properties listed for sale, and 24 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.