Lara, VIC 3212

Lara, VIC 3212

Compare Part of Greater Geelong

53.95 km
Distance from CBD
12 k
Population

Auction Times

Tue 29 Nov
Auction Time Agency
23 Manzeene Avenue
4 2 2 House
5:00 PM
Tue 29th Nov
Ray White
30 Spotted Gum Drive
4 3 2 House
5:00 PM
Tue 29th Nov
Ray White
Sat 3 Dec
Auction Time Agency
53 Cedar Road
4 2 2 House
1:00 PM
Sat 3rd Dec
Lara Real Estate
Tue 6 Dec
Auction Time Agency
53-55 Thomas Road
4 2 6 House
5:00 PM
Tue 6th Dec
Ray White
13 Gillean Place
3 1 1 House
5:00 PM
Tue 6th Dec
Ray White
Sat 10 Dec
Auction Time Agency
18 Lapwing Drive
4 2 4 House
2:30 PM
Sat 10th Dec
Barry Plant
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
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 $1,500,000 266
2020
$565,000
+4.4% $263,000 $1,700,000 220
2021
$670,000
+15.7% $338,000 $1,850,000 297
2022
$710,000
+5.6% $410,000 $2,500,000 283
Median Sale Price
$705K
Based on 324 recorded sales within the last 12 months
Updated on 27 Nov 2022
Suburb Growth
+7.1%
Current Median Price: $705,000
Previous Median Price: $655,000
Based on 597 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$485
Updated on Sep 2022
2 BR
$350
3 BR
$450
4 BR
$520
Unit
$380
Updated on Sep 2022
1 BR
$230
2 BR
$350
3 BR
$410
4 BR
$480
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 $680 217
2018
$420
+7.1% $250 $1,000 207
2019
$420
0.0% $170 $900 228
2020
$445
+5.6% $300 $750 184
2021
$460
+3.3% $200 $950 272
2022
$500
+8.0% $200 $900 226
Median Rent Price
$500
per week
Based on 256 recorded rent within the last 12 months
Updated on 27 Nov 2022
Rent Price Growth
+10.0%
Current Median Rent: $500
Previous Median Rent: $450
Based on 514 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.7%
Current Median Price: $705,000
Current Median rent: $500
Based on 580 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Auction Results For Lara

Houses sold in Last 12 months ends 26 Nov 2022

$710K

Median Sale Price

100%

Clearance Rate

225/227

Sold/Reported

$2.5M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 2
$1.6 M - $1.8 M 1
$1.4 M - $1.6 M 5
$1.2 M - $1.4 M 8
$1 M - $1.2 M 8
$800 K - $1 M 34
$600 K - $800 K
(Median Price Range)
132
$400 K - $600 K 34

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