Lara Suburb ProfileVictoria 3212
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Lara has 10,838 properties. Over the last 5 years, Houses in Lara have seen a 28.77% increase in median value, while Units have seen a 19.60% increase. As at 30 November 2024:
- The median value for Houses in Lara is $711,780 while the median value for Units is $441,556.
- Houses have a median rent of $550 while Units have a median rent of $440.
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.
Market Insights
Lara Trends for Houses
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Lara Trends for Units
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Neighbourhood Insights
Age
Population 16,375
0-9
14%
10-19
13%
20-29
13%
30-39
15%
40-49
16%
50-59
12%
60-69
10%
70-79
5%
80-89
2%
90-99
1%
Household Structure
Occupancy
Recent Sales in LARA 3212
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0Properties for sale in LARA 3212
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0Properties for rent in LARA 3212
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Last Updated: 18/12/2024
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