75-77 Forest Road SLara VIC 3212
Property Details for 75-77 Forest Rd S, Lara
Last Listing description (May 2023)
Colliers is pleased to offer an outstanding and well positioned property to market.
75-77 Forest Road provides direct access to the Geelong Ring Road, close proximity to Lara Lake Primary School, moments away from the Aquatic Centre and major shopping precinct.
Lara has experienced enormous growth in recent years with several residential developments in the area, minutes from the Princess Freeway allowing easy access to Geelong, Avalon Airport and Melbourne.
Key property features include:
- Gateway to Lara Township
- Proximity to schools, public transport, and Lara Aquatic Centre
- Suit medical or office premise
- Four consulting rooms
- Large reception and waiting room
- Disability access
- Tea and coffee area
- Flexible floor plans
- Car parking x 8
- Zone 1 General Residential
For Lease: $50,000 per annum + GST + Outgoings
For more information please contact Colliers agents Chris Nanni on 0438 306 361 or Ben Young on 0407 296 679.
*Approx
Property History for 75-77 Forest Rd S, Lara, VIC 3212
- 29 Jun 2024Sold for $400,000
- 29 Jun 2024Sold for $900,000
- 01 Jun 2023Sold for $950,000
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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.
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