This exceptional parcel of land offers unparalleled investment potential as Lovely Banks evolves into a premier town center. Nestled in the vibrant Geelong North region, this property combines a unique character with outstanding accessibility.
Property Highlights:
Expansive Land Area: 2.24 hectares (5 acres) of prime land
Convenient Access:
2-minute drive to the freeway
Short drive to Lara and Geelong amenities
Minutes from Avalon Airport
Easy connectivity to Geelong and Melbourne via the Princes Freeway and public transport
Nearby Attractions: Close to the Geelong Foreshore and existing local amenities .
Whether you envision building your dream home or seeking a lucrative investment opportunity, this property offers a blend of charm and potential in a rapidly growing area. Don't miss your chance to be part of this exciting development.
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Disclaimer: While every effort has been made to ensure the accuracy of the information provided in this document, Luxury Real Estate Agents accepts no responsibility and disclaims all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own inquiries and verify the information contained herein. Additionally, it is recommended that purchasers refer to the due diligence checklist provided by Consumer Affairs, available at http://www.consumer.vic.gov.au/.
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:
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