12-14 Pelican WayLara VIC 3212
Property Details for 12-14 Pelican Way, Lara
12-14 Pelican Way, Lara is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 445m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Lara in the last 12 months.
Last Listing description (August 2026)
Positioned in a quiet and established pocket of Lara, 12-14 Pelican Way presents an outstanding opportunity for savvy investors seeking immediate returns and long-term security.
Set on a low-maintenance 445m² (approx.) allotment, this well-designed home offers four spacious bedrooms, including a master complete with an ensuite, while the remaining bedrooms are serviced by a central family bathroom.
Two separate living zones provide flexibility for modern family living, complemented by a functional kitchen and open-plan layout.
Additional features include gas ducted heating throughout & a R/C A/C in the main living area, a double car garage, and a practical floorplan suited to a wide range of tenants.
Currently leased to long-term tenants at $560 per week until March 2027, this property delivers instant rental income and peace of mind with a secure tenancy already in place.
Conveniently located close to local schools, shops, parklands and public transport, this is a smart addition to any investment portfolio in a growing and well-connected community.
Features:
• 4 spacious bedrooms,
• Central family bathroom servicing remaining bedrooms
• Two separate living zones for flexible family living
• Functional kitchen with adjoining open-plan area
• Double car garage with internal access
• Set on a low-maintenance 445m² (approx.) allotment
• Currently tenanted at $560 per week
• Secure lease in place until March 2027
• Long-term tenants providing immediate rental return
• Ideal investment opportunity with strong rental security
• Located close to schools, shops, parks and public transport
• Positioned in a growing and well-connected Lara community
*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 12-14 Pelican Way, Lara, VIC 3212
- 27 Jul 2026Sold for $712,500
- 06 May 2026Listed for Sale $699,000 - $749,000
- 05 Oct 2020Listed for Rent $460 / week
Recent sales nearby
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0About 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 12,338 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.
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