945 Princes HighwayLara VIC 3212
Property Details for 945 Princes Hwy, Lara
Last Listing description (October 2024)
This 1.01ha (approx. 2.5 acre) property is conveniently located on the edge of town and should be right on top of the list for those seeking a lifestyle change or investment opportunity in a handy location!
Offering the best of both worlds, you'll enjoy the serenity that accompanies acreage living, paired with total convenience - moments from the Princes Freeway taking you to Melbourne and Geelong.
This modest weatherboard home features two separate living areas over two levels, a functional kitchen adjoins the meals area, two spacious bedrooms with a further two smaller office sized rooms. A balcony wraps around the upper level and the home is equipped with split system air conditioning and a wood heater.
Outside you will find everything you need for a hobby farm including a large, separately metered 18m x 7.5m outbuilding with kitchen and bathroom facilities.
Divided into two main paddocks, the home is set back surrounded by established gardens alongside the tranquil Roraima Nursery.
Only a short drive into Lara Village Shopping Centre, schools, transport and Avalon Airport.
Property History for 945 Princes Hwy, Lara, VIC 3212
- 09 Jun 2024Sold for $1,165,000
- 12 Mar 2024Listed for Sale $1,150,000 - $1,225,000
- 17 Apr 2016Sold for $580,000
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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 10,766 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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