SOLD
RECENT ADVICE
Sold on 01 May 2024 for $520,000

3B Newell Street
Lara VIC 3212

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 219m2
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Property Details for 3b Newell St, Lara

3b Newell St, Lara is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 219m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Lara in the last 12 months.

Building Type
House
Land Size
219m2

Last Listing description (May 2024)

Comprising of 13.86 SQ in total is this 2 bedroom, two bathroom, newly built home that has no body corporate or common ground. The property offers those looking for an investment or place to call home, the perfect opportunity to do so. The property is under two years of age and comes with the following features.
1/ Master bedroom with walk in robe, ensuite with WC vanity and shower.
2/ Bedroom two is adjacent to the full bathroom, it has a built in robe.

3/ Kitchen with S/S appliances including a 900m free standing oven and dishwasher.
4/ Large open plan kitchen, meals and family area with access to the low maintenance courtyard
5/Single garage with European laundry, remote control and internal access
6/ Split system heating and cooling, quality floor/ window coverings, fixtures and fittings
With an estimated rental return of $430 Per week makes this an attractive investment. Call Sarah Carey on 0403064510 to arrange an inspection

Property History for 3b Newell St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$520,000
01 May 2024
  • 30 Apr 2024
    Sold for $520,000
  • 25 Mar 2024
    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 10,765 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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Nathan Loutit
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Lara Real Estate
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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.