1/1 Richard Drive, Lara, VIC 3212 sold on 28 April 2026 | OnTheHouse
SOLD
Sold on 28 Apr 2026 for $500,000

1/1 Richard Drive
Lara VIC 3212

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 201m2
Sold By
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Sarab & Co Real Estate
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Property Details for 1/1 Richard Dr, Lara

1/1 Richard Dr, Lara is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1985. The property has a land size of 201m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Lara in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
89m2
Land Size
201m2
Local Government
Greater Geelong
Lot/Plan
1/PS318772

Last Listing description (June 2026)

Set in a quiet and established part of Lara, this well-kept two bedroom unit offers space, comfort and privacy for first home buyers, downsizers and investors looking for a smart purchase in a high-demand location.Inside, you will find two good-sized bedrooms, both fitted with built-in robes, a functional kitchen with breakfast bar, light-filled meals area, and a separate living room with a warm and welcoming feel. The layout works well for everyday living, with a central bathroom, separate toilet, and full laundry adding extra practicality.Year-round comfort is covered with ducted heating, split system cooling, and a low-maintenance setting suited to busy lifestyles. Outside, the private courtyard and covered alfresco create a relaxed space for outdoor dining, quiet mornings, or easy entertaining. A secure single lock-up garage with rear access adds further convenience, while the long driveway gives extra off-street parking.The location adds strong appeal, with easy access to local schools, the Six Ways shopping precinct, public transport, pool, gym, and Lakelands walking trails. Whether you are entering the market, scaling down, or adding to your portfolio, this is a solid property in a sought-after Lara position.DISCLAIMER: Information provided is believed to be reliable but is not guaranteed. Sarab & Co Real Estate recommends independent verification and accepts no liability for decisions made based on this information.

Property History for 1/1 Richard Dr, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$500,000
28 Apr 2026
  • 28 Apr 2026
    Sold for $500,000
  • 16 Apr 2026
    Listed for Sale $480,000-$520,000
  • 15 Aug 2018
    Sold for $362,500
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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. There are 45 parks, covering nearly 6.7% of the total area. The population of Lara in 2016 was 16355 people. By 2021 the population was 19014 showing a population growth of 16.3% in the area during that time. The predominant age group in Lara is 30-39 years. Households in Lara are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lara work in a professional occupation.In 2021, 76.10% of the homes in Lara were owner-occupied compared with 75.10% in 2016.

Lara has 12,314 properties. Over the last 5 years, Houses in Lara have seen a 15.26% increase in median value, while Units have seen a 36.58% increase. As at 31 May 2026:

  • The median value for Houses in Lara is $781,300 while the median value for Units is $556,257.
  • Houses have a median rent of $580 while Units have a median rent of $480.
There are currently 90 properties listed for sale, and 19 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 789 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.