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

1 Melrose Street
Lara VIC 3212

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 151m2
Land area: 722m2
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Property Details for 1 Melrose St, Lara

1 Melrose St, Lara is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 722m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
1960
Floor Size
151m2
Land Size
722m2
Local Government
Greater Geelong
Lot/Plan
35/LP52878

Last Listing description (August 2024)

Discover the charm and versatility in this perfectly located property, poised to embrace your vision and lifestyle aspirations.

Placed on an excellent level block measuring approximately 722m2, this residence offers a canvas of possibilities in an ideal central location.

Key Features:

Three Bedrooms Three carpeted bedrooms, two with built in cupboards.
Two Living Areas: Generous living spaces with one boasting the warmth of a fireplace.
Large Kitchen: The spacious kitchen features a built-in pantry.
Bathroom Facilities: Enjoy the convenience of a bath and vanity within the main bathroom, complemented by a separate shower room and a powder room.
Multipurpose Room: A large multipurpose room, complete with its own reverse cycle air conditioner and sliding door access, offers flexibility for additional living, hobbies, or creative pursuits.
Outdoor Amenities: Embrace outdoor living with a single carport for convenience and a second storage shed for practicality.

Location:
Conveniently situated in the heart of Lara, this property grants easy access to many important amenities. From primary and secondary schools to sporting grounds, medical services, supermarkets, the library, and the Lara train station, everything you need is within reach.

Immerse yourself in the tranquil beauty of the award-winning Kevin Hoffman Walk, just a gentle meander away.

Opportunity Beckons:
With its original condition and retained features, this is a unique opportunity for those seeking to make their mark. Whether you're looking to embark on your homeownership journey or envisioning a renovation project to personalize this space, the possibilities are boundless. Don't miss your chance to secure a versatile property with endless potential and create your desired lifestyle in this quiet, central Lara location.

Ready access to Melbourne and the coast via the Ring Road.
Avalon International Airport provides access to Sydney and Asia and is a mere 7 minutes from the front door.

The expanded Lara railway station has free parking and regular connections to Melbourne and Geelong.
With kindergartens, three local primary schools and Lara Secondary College equidistant to here plus buses to many Geelong private schools are also available from the nearby Lara swimming pool.

Perfectly located and suited to all types of buyers including down-sizers, first home buyers, developers or investors - properties like this don't last long as opportunity knocks only once and you do not know if you'll get another.

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

*Photo ID is required at all open for inspections.*

Property History for 1 Melrose St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$471,500
25 Jun 2024
  • 25 Jun 2024
    Sold for $471,500
  • 28 May 2024
    Listed for Sale $420,000 - $450,000
  • 26 Jan 2022
    Transferred
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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 12,360 properties. Over the last 5 years, Houses in Lara have seen a 13.03% increase in median value, while Units have seen a 33.87% increase. As at 30 June 2026:

  • The median value for Houses in Lara is $785,139 while the median value for Units is $550,619.
  • Houses have a median rent of $580 while Units have a median rent of $493.
There are currently 86 properties listed for sale, and 24 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 775 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.