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 › Forest Road South
3
Bedrooms
1
Bathrooms
3
Car spaces
659 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
No recorded sale price for this property yet.
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.
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 McGrath Geelong | NewtownThis beautiful cottage-style home is sure to pull at your heart strings. Set on a fantastic sized corner block of 659m2 (approx.) this meticulous home oozes a warm country appeal. Boasting a large well-kept yard with the added feature of being able to house your boat and caravan off-street, with double door access at the side of the home with a ready-made concrete pad.
Recently updated the home boasts stunning contemporary accents such as new engineered timber floors, industrial inspired timeless black kitchen and a beautiful neutral bathroom with floor-to-ceiling tiling, which enhances the home's country vibe and creates a sense of luxury. The home has also been recently painted throughout so everything feels fresh and new.
The three bedrooms are all of fantastic size and have built-in robes, and the master boasts a full walk-in robe. There is also a separate study/home office with a built-in desk and shelving, ready-made for working or running a business from home. All the bedrooms and the study boast beautiful new charcoal carpets.
Outside boasts a fantastic outdoor dining gazebo with a louvered roof for all-season alfresco dining. The yard offers a fantastic lawn area for kids to play and there is also a great sized garden shed for storage.
Ideal for a family with young children, the home is located across the road from Lara Lake primary school and the Lara Lake Community pre-school is just a short walk. The beautiful Lara Lakelands reserve is also a short stroll which is a large neighbourhood park set within the wetlands reserve with extensive walking tracks and vegetation, perfect for exploring and observing the wildlife. The park also has good playground equipment and a basketball tower and concrete pad. Only a few minutes from Lara central shopping centre, this home really offers the very best in lifestyle and convenience.
- Three bedrooms plus study
- 659m2 (approx.)
- Recently updated
- Corner block with side access to a fit boat or caravan, plus single garage
- Kitchen has 900mm upright gas oven, dishwasher
- Engineered timber floors
- Bathroom with floor-to-ceiling tiling
- Outdoor gazebo with louvre roof
- Garden shed
- Primary school opposite and pre school a short walk
- Lakelands a short walk
- Just a couple of minutes to Lara Shopping
- Close to public transport
- 30 minutes to Werribee Plaza
- Easy access to the Princes Freeway, only an hour to Melbourne CBD
Listing description written by Mergim Ibrahimi, McGrath Geelong | Newtown — reproduced as published, not verified by Districts.
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