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Sold on 15 Sep 2024 for $605,000

48 Young Street
Lara VIC 3212

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 395m2
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Property Details for 48 Young St, Lara

48 Young St, Lara is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 395m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Lara in the last 12 months.

Building Type
House
Floor Size
167m2
Land Size
395m2
Local Government
Greater Geelong
Lot/Plan
3/PS532785

Last Listing description (September 2024)

Only a stones throw from Lara Primary and Secondary School, not to mention the 3-minute drive or 14-minute walk to Lara Village with Coles, Woolworths, Cafes, Bakery, Butcher, Australia Post and more, this brick veneer home is centrally located and the ideal property for a first home buyer, downsizer or investor.

The floor plan is spacious with 3 large bedrooms and an open plan living area that captures the daylight and setting sun perfectly. The kitchen features a large L-shaped bench that provides ample storage, 600mm oven, 900mm cooktop and rangehood and, a large double door pantry. The long L-shaped bench overlooks the living and dining area that has large windows to capture the afternoon sun.

A corridor runs off the open plan living area, servicing the two rear bedrooms, the main bathroom and laundry.

A large sliding door opens up to a long covered alfresco, perfect for entertaining whilst the 395m2 block provides you with just the right amount of yard down the size and the at the back of the home.

If a central location and low maintenance is important to you, come and visit us at 48 Young Street, Lara or call Nathan Loutit on 0407 880 925 for more information.

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Property History for 48 Young St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$605,000
15 Sep 2024
  • 15 Sep 2024
    Sold for $605,000
  • 05 Jun 2024
    Listed for Sale $580,000 - $615,000
  • 26 Aug 2016
    Sold for $364,000
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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 10,766 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 110 properties listed for sale, and 20 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Lara.

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