16 Walkers RoadLara VIC 3212
Property Details for 16 Walkers Rd, Lara
16 Walkers Rd, Lara is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 843m2 and floor size of 165m2. While the property is not currently for sale or for rent, it was last transferred in July 2023.
Last Listing description (September 2017)
Sitting on 838m2 this neat property offers a lot to investors, developers or owner occupiers. With easy access to Melbourne and Geelong and very close to supermarkets and other services the location is ideal for those looking for easy living with potential to develop STCA. Comprising 3 bedrooms, 2 bathrooms 2 living rooms, SLUG with workshop attached and a large yard at the rear this home has room to move. For developers it has the requisite 3 metres clearance at the side for subdivision and substantial space at the rear. For those looking for a project this home is ready for an update which would add capital value. For the investor this property is ready to occupy and would return approximately $300-$320/week. For owner occupiers it provides good bones which can be improved over time. This is a great opportunity to make your mark in a great part of a very popular suburb. A must see property!!
Property History for 16 Walkers Rd, Lara, VIC 3212
- 18 Jul 2023Transferred
- 26 Aug 2017Sold for $540,000
- 28 Jul 2017Listed for Sale AUCTION
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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 12,351 properties. Over the last 5 years, Houses in Lara have seen a 8.84% increase in median value, while Units have seen a 29.71% increase. As at 31 July 2026:
- The median value for Houses in Lara is $776,915 while the median value for Units is $552,483.
- Houses have a median rent of $580 while Units have a median rent of $500.
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