Lara, VIC 3212

Lara, VIC 3212

Compare Part of Greater Geelong

53.95 km
Distance from CBD
12 k
Population

Auction Times

Sat 9 Dec
 Auction Time Agency
6 Archimedes Avenue
4 2 2 House
11:00 AM
Sat 9th Dec		 Buxton
Sat 16 Dec
 Auction Time Agency
67 Westlakes Boulevard
4 5 4 House
11:30 AM
Sat 16th Dec		 Ray White
9 Evergreen Court
3 2 6 House
2:30 PM
Sat 16th Dec		 Rendina Real Estate
Median Sale Price
House
-
Updated on Oct 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2023
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$310,500
 0.0% $135,000 $915,000 227
2010
$345,000
 +10.0% $200,000 $1,385,000 274
2011
$360,000
 +4.2% $230,000 $907,000 223
2012
$369,000
 +2.4% $228,000 $900,000 206
2013
$367,000
 -0.5% $32,000 $910,000 241
2014
$390,000
 +5.9% $105,000 $950,000 292
2015
$380,000
 -2.6% $195,000 $1,330,125 226
2016
$405,000
 +6.2% $185,000 $1,100,000 271
2017
$450,000
 +10.0% $220,000 $1,600,000 265
2018
$535,000
 +15.9% $215,000 $2,200,000 237
2019
$540,000
 +0.9% $1,000 $1,500,000 267
2020
$565,000
 +4.4% $263,000 $1,700,000 220
2021
$670,000
 +15.7% $338,000 $1,850,000 297
2022
$705,000
 +5.0% $410,000 $2,500,000 316
2023
$710,000
 +0.7% $400,000 $1,900,000 238
Median Sale Price
$710K
Based on 262 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
+0.7%
Current Median Price: $710,000
Previous Median Price: $705,000
Based on 588 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2023
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$320
 0.0% $230 $475 190
2012
$340
 +5.9% $135 $650 218
2013
$340
 0.0% $155 $656 244
2014
$340
 0.0% $215 $530 153
2015
$350
 +2.9% $165 $550 254
2016
$360
 +2.8% $200 $650 213
2017
$390
 +7.7% $200 $890 217
2018
$420
 +7.1% $250 $1,000 207
2019
$430
 +2.3% $170 $900 229
2020
$445
 +3.4% $300 $750 184
2021
$460
 +3.3% $200 $950 272
2022
$500
 +8.0% $200 $900 284
2023
$530
 +5.7% $190 $1,200 245
Median Rent Price
$530
per week
Based on 269 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
+5.7%
Current Median Rent: $530
Previous Median Rent: $500
Based on 549 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $710,000
Current Median rent: $530
Based on 531 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)

Auction Results For Lara

Houses sold in Last 12 months ends 2 Dec 2023

$705K

Median Sale Price

96%

Clearance Rate

83/87

Sold/Reported

$1.36M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.2 M - $1.4 M 3
$1 M - $1.2 M 1
$800 K - $1 M 14
$600 K - $800 K
(Median Price Range)		 56
$400 K - $600 K 9

Schools closest to Lara, VIC 3212

School name Address Type Sector Distance
Lara Secondary College ALKARA AVLara 3212 Secondary Government 0.59 km
Lara Primary School 120 FLINDERS AVENUELara 3212 Primary Government 0.67 km
Lara Lake Primary School 89 FOREST ROAD SOUTHLara 3212 Primary Government 1.4 km
St Anthony's Primary School 90 KEES RDLara 3212 Primary Catholic 1.67 km