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 › Westlakes Blvd
$640,000
Last sold
30 June 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
563 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
$640,000
30 June 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
-13.5%
Median sale
Suburb $740,000
+0.57 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 HightonLocated in the award-winning Grand Lakes Estate Lara showcasing the best of country and city living, while retaining the rural atmosphere Lara has to offer. This stunning Burbank Homes residence on the lake has uninterrupted views across parklands and walking tracks, along with a state of the art playground and Millars Café a short stroll down the road. Grand Lakes Estate provides its residents with easy access to transport links, Lara Village Shopping Centre, Lara Lake Primary School, recreation facilities and community services.
This immaculate 4 bedroom home offers buyers a rare opportunity to enjoy a relaxed community lifestyle in a quiet environment, with everything you could possibly need right at your doorstep.
Showcasing high end finishes and a sophisticated floorplan, the sleek modern interiors ensure the utmost quality throughout and is designed for all-year round entertaining
• Spacious and light-filled open plan kitchen, dining and family zone with built in study nook & split system
• Lavish kitchen with stone benchtops, glass splashback, stainless steel oven, gas cook top, sleek range hood, Bosch dishwasher, microwave provision, plumbed fridge, large pantry, feature pendant lights and double sliding door access to alfresco area
• Second living/rumpus room with built in cabinetry and drawers with sliding door access to rear yard
• Indoor/Outdoor alfresco entertaining with timber lined ceiling, extensive timber decking, gas point, tv point, downlights and ceiling fans
• Elegant master bedroom modern ceiling fan, walk in robe with built in cabinetry including shelving, shoe rack and ample hanging space
• Ensuite featuring a custom made mirrored timber shaving cabinet with shelves, timber venetians and tiled shower
• Bedroom 2 has a built in timber desk and matching shelves, built in robes & ceiling fan
• Bedroom 3 has a custom made timber barn door, built in robes & ceiling fan
• Bedroom 4 with built in robes & ceiling fan
• Central main bathroom featuring a custom made mirrored timber shaving cabinet with shelves and towel hooks, timber venetians, tiled shower and bath
• Laundry with timber bench with walk in linen cupboard
• Alarm System, Intercom with camera, windows all with key locks & flyscreens, ducted central heating
• Landscaped low maintenance gardens with double gate side access to yard. Kids play area and sitting on a corner allotment of 563m2
• Double car remote garage with internal access and rear door to backyard
If quality, luxury and entertaining are paramount in your next home, then this sensational lakeside property at 49 Westlakes Boulevard Lara is a must-see!
Listing description written by Rachael Taylor, Hayeswinckle Highton — reproduced as published, not verified by Districts.