1/29 Balagundi Dr, Lara is a 2 bedroom, 1 bathroom Townhouse and was built in 2001. The property has a land size of 299m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in January 2023.
Positioned in a quiet location on an (approx) 300m2 block and within walking distance to Lara Lake Reserve is this well presented two bedroom unit that would ideally suit any first home buyer, someone looking to downsize, or the most astute of investors out there.
Featuring two bedrooms both with built-in robes and one with a reverse cycle air conditioner, the centrally located bathroom includes a single vanity, shower, bath and separate toilet, the living room with a gas heater and the kitchen with a gas cooktop, electric oven and the dining area with a reverse cycle air conditioner.
Extra features include an undercover alfresco area with two ceiling fans and is surrounded by pulldown blinds and a low-maintenance backyard, the laundry with a storage cupboard and a single garage.
Within close proximity to medical facilities, the shopping centre, Lara train station, cafes & restaurants, easy access to the Geelong Ring Road and an approximately 60-minute drive to Melbourne CBD.
FEATURES:
300m2 Block
Two Bedroom
One Bathroom
Two Reverse Cycle Air Conditioners
Low Maintenance Backyard
Undercover Alfresco Area
Single Car Garage
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
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 12,343 properties. Over the last 5 years, Houses in Lara have seen a 5.86% increase in median value, while Units have seen a 25.53% increase. As at 31 August 2026:
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