1/28-30 Ware Street

Lara VIC 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of 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 12,196 properties. Over the last 5 years, Houses in Lara have seen a 29.35% increase in median value, while Units have seen a 42.09% increase. As at 30 November 2025:

• The median value for Houses in Lara is $765,865 while the median value for Units is $523,887.
• Houses have a median rent of $560 while Units have a median rent of $470.