SOLD
Sold on 27 Aug 2024 for $1,260,000

55 St Andrews Drive
Lara VIC 3212

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 180m2
Land area: 20234m2
Sold By
Buxton Lara
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Property Details for 55 St Andrews Dr, Lara

Building Type
Rural
Year Built
1986
Floor Size
180m2
Land Size
20234m2
Local Government
Greater Geelong
Lot/Plan
22/LP86892

Last Listing description (September 2024)

Situated on approximately 5 acres & nestled within a tightly held pocket of Lara. 55 St Andrews Drive, Lara boasts a blend of peaceful living and urban accessibility, and after almost 37 years, the property is ready for new owners to call it 'home'.

Convenient located, with Lara Central just a short drive, providing you with an array of dining, cafe and shopping options available. 5 minutes away from Lara Train Station & highway access even closer, bringing Melbourne within an hour, Geelong CBD just 20 minutes away & Avalon Airport just a short 8 minute drive. Lastly, but certainly not least, a wide variety of Lara best educational facilities at your fingertips, including primary, secondary & early learning centres.

-4 Spacious bedrooms, 3 with built-in-robes, master with walk-in-robe & ensuite

-2 Living rooms
-Open plan kitchen living zone boasting a woodfire heater
-Split system conveniently located to reach both living zones for year-round comfort
-Central family bathroom with separate toilet
-Large alfresco area
-Horseshoe driveway leading to a double lockup garage & single carport
-Additional shedding for storage
-Greyhound kennels installed
-Connected to town water and electricity

Nest or invest! A perfect opportunity for a growing family to either move in and unpack, or add your own touches to the property. An approximate rental return of $680-$730p/w is also on offer for the savvy investors in the market as well.

Don't wait another 37 years for this opportunity to arise again! Inspect today!

Property History for 55 St Andrews Dr, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,260,000
27 Aug 2024
  • 27 Aug 2024
    Sold for $1,260,000
  • 17 Jun 2024
    Listed for Sale $1,249,000-$1,299,000
  • 01 Jun 1985
    Sold for $34,000
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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 10,769 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 106 properties listed for sale, and 23 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 449 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.