7 Neville St, Lara is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1989. The property has a land size of 683m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom House sold in Lara in the last 12 months.
Set in a quiet cul de sac on a generous 683m2 (approx.) allotment, this neatly presented home offers relaxed family living in a picturesque garden setting. Superbly positioned, a short stroll from local reserves and walking tracks, less than 5 minutes from all the amenities of the town centre, local primary and secondary schools, sporting and recreational facilities, and Lara Station, this location offers peaceful country style living with fantastic accessibility to Melbourne and Geelong. Accommodating a great family lifestyle now, the property also offers further scope to update, add your own touches, or extend (STCA) and improve its future value.
Stepping inside, a wide entry hall leads to the spacious living which offers a welcoming atmosphere with gas heating plus split system heating and cooling catering for your year round creature comforts. The adjoining dining and kitchen is well presented, featuring quality timber cabinetry, modern 600mm oven, gas cooktop, dishwasher, plenty of storage, enjoying an easy connection with the alfresco for effortless entertaining, and the perfect vantage point to oversee the kids or pets at play in the backyard.
Three bedrooms include built-in robes, with a fourth room offering a versatile space that could be used as a bedroom or home office according to your needs. A bright family bathroom, separate wc and laundry with storage complete the well-functioning floorplan.
Outside, the undercover entertaining area offers a private and secluded space to relax, or wine and dine outdoors. The beautiful backyard is well maintained with established gardens and mature shady trees, with workshop and additional shedding for storage. The double carport plus driveway space allow for plenty of off street parking, solar panels and external roller shutters contribute to energy efficient running of the home.
If you've been looking to break into the increasingly popular Lara market, this is a great opportunity to secure an established home on generous land, in a fantastic central location, with further potential to grow its value. Be quick to inspect!
Rental appraisal $470-$490 per week (approx)
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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