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.
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.
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:
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