1/4 Melrose Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

1/4 Melrose Street
Lara VIC 3212

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 344m2
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Property Details for 1/4 Melrose St, Lara

1/4 Melrose St, Lara is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 344m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
1960
Floor Size
116m2
Land Size
344m2
Local Government
Greater Geelong
Lot/Plan
1/PS808938

Last Listing description (October 2020)

Quietly located just off the main road, 650 metres approx. from the Lara Centreway shopping centre, cafes and specialty shops and barely 300 metres to the You Yang Medical Centre, you will not find a better location than the lovely Melrose Street.

Set on 344m2 approx this stunning modern townhouse has been completely renewed and elegantly styled offering two spacious bedrooms with bir's, study nook, new bathroom, formal lounge, central modern kitchen opening to dining room with sliding door to private sundrenched decked court yard.


Extras include, 2 x split systems, modern roller blinds, external shutters & awnings, freshly sanded and polished floor boards and new carpets.

Outside you can enjoy sitting on the front verandah overlooking the landscaped low maintenance yard with synthetic grass, the private courtyard or the rear double tandem carport with remote roller door that doubles as a covered entertaining area.

Nothing at all to do but move in and unpack!

All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent

Property History for 1/4 Melrose St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$412,000
05 Oct 2020
  • 05 Oct 2020
    Sold for $412,000
  • 03 Sep 2020
    Listed for Sale $409,000 - $429,000
  • 20 Aug 2018
    Sold for $390,000
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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 12,343 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:

  • The median value for Houses in Lara is $767,587 while the median value for Units is $549,284.
  • Houses have a median rent of $590 while Units have a median rent of $500.
There are currently 71 properties listed for sale, and 43 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 772 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.