Lara at a glance
22,225
People
$740,000
Median sale
$514/wk
Median rent
3.61%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
VIC › Lara › Lavender Dr
$555,000
Last sold
13 Mar 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
459 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$555,000
13 Mar 2020 · derived via latest_sale
Local land rate: recorded House sales in Lara (last 5 years) with land size have a median of $1,357/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
Lara at a glance
22,225
People
$740,000
Median sale
$514/wk
Median rent
3.61%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Vs Lara
-25.0%
Median sale
Suburb $740,000
+1.21 pp
Gross yield
Suburb 3.61%
Suburb median $740,000 from 44 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $514/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Lara at a glance
22,225
People
$740,000
Median sale
$514/wk
Median rent
3.61%
Suburb gross yield
Median sale from 44 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Hayeswinckle LaraThe hard work has been done on this 459m2(approx) 15 month old property and is now ready for its new owner.
Lavender Drive, Lara is home to a few lucky residents with green parkland views in the newly completed Lara Views estate.
Upon entry you will admire the flow of the timber look flooring, a generous size master bedroom with that extra comfy carpet to make night times seem so cosy. Your walk-in robe has been fit out to ensure every space is utilised, completing this zone is an ensuite with that extra shower space, and tiled niche.
The entry hallway continues to your second living zone which is home to your own TV & games room, sitting room, gym, playroom, the choice is yours to make!
The rear half of the property is the Kitchen/Dining area, complete with Caesarstone benchtop, 900mm appliances, pot drawers, tiled splashback, overhead cupboards, and to top it all off a water point to fridge space to always make sure the drinks are chilled.
The tones and colours throughout are warm and inviting, you will just want to kick back in the family room on a cool winter day and enjoy your favourite book or that catchy reality show while looking out to the fully landscaped yard through the large glass sliding door.
If you would prefer to chill outside step out into the undercover patio, decorative lighting has been carefully placed, as well as café blinds to ensure that the space can be enjoyed all year round. Timber decking carries us to the rear yard where you have enough space to have your furry friends, a cubby house for the kiddies, or just enjoy manicuring the lawn on your weekends.
Lara is the place that so many people love to call home, if you want to be part of a great community then don't look past the choice to move to Lara. You will be within the Lara Lake Primary School catchment zone. The train station is also not far away where you can commute to the city, or just head to Avalon airport which is only 15 minutes away so you can take that quick getaway.
If you are looking for a new home this one is not to be missed.
Features;
- 460m2
- Ducted heating
- Split system
- Caesarstone to kitchen
- LED lights
- Bedrooms with dual blockout and sun reduction roller blinds
- Wet areas with moisture resistance roller blinds
- Opticomm connection
- Exposed Aggregate driveway & paving
- Electric panel lift garage door
- Fully landscaped
- Side access
- Undercover patio
- Café blinds
- Colorbond fencing & gates
For all those savvy investors out there you will be able to snap up this property currently leased until late September 2020 for $490 p/w.
*All information about the property has been provided to hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.
Listing description written by Miranda Williams, Hayeswinckle Lara — reproduced as published, not verified by Districts.