115 Forest Rd S, Lara is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 767m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in January 2013.
THREE BEDROOM HOME TO ADD YOUR OWN TOUCHES TO
THIS SOLID THREE BEDROOM BRICK VENEER HOME IS RIPE TO ADD YOUR OWN TOUCHES TO. PRICING IS AN IDEAL OPPORTUNITY FOR THE FIRST HOME BUYER WITH A LIMITED BUDGET BUT WHO DOESN''T MIND GETTING A BIT OF PAINT UNDER THEIR FINGERNAILS. THERE IS HEAPS OF SCOPE TO MAKE THIS YOUR OWN. FOR THE INVESTOR WE HAVE MANAGED THIS PROPERTY FOR MANY YEARS TO LONG TERM TENANTS AND HAVE NEVER FOUND IT HARD TO LET OUT. FOR THE DEVELOPER THERE IS ALSO POTENTIAL (SUBJECT TO COUNCIL APPROVAL). FOR THE MELBOURNE COMMUTER IT IS ONLY A SHORT DRIVE TO THE LARA STATION. YOU WOULD BE WISE TO INSPECT SOON AS THE HOUSE WILL ONLY BE ON THE MARKET FOR A LIMITED TIME AFTER WHICH IT WILL AGAIN GO ONTO THE RENTAL MARKET. INSPECTION BY APPOINTMENT ONLY.
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 12,337 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:
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