5A Newell StreetLara VIC 3212
Property Details for 5a Newell St, Lara
5a Newell St, Lara is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2024. The property has a land size of 144m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Last Listing description (March 2024)
Located in central Lara within walking distance to schools, kindergarten, shops and transport are these brand new 2 Bedroom, 2 bathroom townhouses which come as a turn key package so all that is required is for the fortunate purchaser to just move in and enjoy what is on offer.
There is no body corporate, currently under construction, the townhouses are due to be completed March 2024 (Approx. ) Upstairs the Master BR has an ensuite and WIR. BR 2 has a BIR. There is a walk in storage room and a spacious open study zone. Downstairs there is a an open plan kitchen, meals, family area, separate laundry, WC and an under roof veranda, entertainment area. Other features of these quality built townhouses include
1/Split system heating and cooling (Upstairs and downstairs)
3/Single garage with remote and internal access.
4/Concreted drive, pathways, veranda.
Low maintenance, turn key, move in and relax. With an expected rental return of $430PW these townhouses make a great investment and place to call home. Call Sarah Carey 0403064510 to book your inspection
Property History for 5a Newell St, Lara, VIC 3212
- 02 Feb 2024Sold for $550,000
- 12 Jan 2024Listed for Sale Under Contract - Contact Agent
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0About 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 10,849 properties. Over the last 5 years, Houses in Lara have seen a 25.61% increase in median value, while Units have seen a 19.99% increase. As at 31 January 2025:
- The median value for Houses in Lara is $710,961 while the median value for Units is $447,428.
- Houses have a median rent of $550 while Units have a median rent of $430.
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