SOLD
RECENT ADVICE
Sold on 04 Oct 2024 for $340,000

8 Esk Street
Lara VIC 3212

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 451m2
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Property Details for 8 Esk St, Lara

Building Type
Land
Land Size
451m2
Local Government
Greater Geelong
Lot/Plan
91/PS824648

Last Listing description (October 2024)

Seize the opportunity to bring your dream home to life or make a wise investment in the sought-after suburb of Lara. Nestled in this prized location, you will find a spacious 454m2 (approx.) block, presenting limitless potential for your vision.

This prime piece of land is ideally situated, offering easy access to a wealth of local amenities, including cafes, schools supermarkets and medical facilities. Additionally, the block boasts convenient connectivity to both Melbourne and Geelong via the M1, making it a perfect choice for those seeking a blend of suburban tranquility and urban accessibility. This is more than just a block of land; it is the foundation of your future.

- Create your dream home or invest in a prime property in the coveted suburb of Lara

- Generously sized 454m2 (approx.) block with limitless potential
- Minutes away from local cafes, supermarkets, and medical facilities
- Easy access to Melbourne and Geelong via the M1

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Property History for 8 Esk St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$340,000
04 Oct 2024
  • 04 Oct 2024
    Sold for $340,000
  • 23 Jul 2024
    Listed for Sale $329,000 - $359,000
  • 16 Oct 2018
    Sold for $266,000

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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 10,750 properties. Over the last 5 years, Houses in Lara have seen a 30.80% increase in median value, while Units have seen a 29.55% increase. As at 30 September 2024:

  • The median value for Houses in Lara is $711,474 while the median value for Units is $457,228.
  • Houses have a median rent of $550 while Units have a median rent of $420.
There are currently 106 properties listed for sale, and 21 properties listed for rent in Lara on OnTheHouse. According to CoreLogic's data, 428 properties were sold in the past 12 months in Lara.

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