164/40 Watt Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

164/40 Watt Street
Lara VIC 3212

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 574m2
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Last updated 31 Aug 2026
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Property Details for 164/40 Watt St, Lara

164/40 Watt St, Lara is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 574m2 and floor size of 99m2.

Building Type
Unit
Floor Size
99m2
Land Size
574m2
Local Government
Greater Geelong

Last Listing description (January 2026)

Enjoy modern design and style in this light-filled home offering two bedrooms, plus a separate study or dining alcove off the living room for extra versatility. A well-equipped galley kitchen overlooks the spacious outdoor entertaining deck, perfect for private alfresco dining.

You'll spend your days in comfort with split system air- conditioning and heating to the main living areas, plus ceiling fans throughout the interior. With a separate laundry and second powder room for convenience, alongside plenty of smart storage included to the bedrooms, laundry and kitchen you're all set for practical everyday living.

Peace of mind is assured with security camera and door to the entry, plus a remote entry carport and outdoor shed for secure storage. Manicured gardens and an evergreen backyard complete this inviting home.

Move in and enjoy secure, low-maintenance living - with plenty of room to relax!

Home Features:

Two carpeted bedrooms with built-in robes
Spacious outdoor entertainment deck
Carpeted study alcove located off main living
Open plan interior - split system heating and cooling
Raked ceilings and transom window design for natural light
Ceiling fans and modern down-lighting throughout
Galley-style kitchen with inbuilt appliances
Single bathroom, plus second powder room to laundry
Internal laundry, external clothesline
Single remote-entry carport, enclosed for privacy
Security camera to entry
Established gardens and storage shed
Added panels to rear fence line for private entertaining

Ingenia Lifestyle Lara is a gated, secure, well maintained and welcoming Gold Class community. You'll enjoy being part of this community with access to the resort-style facilities and exclusive resident benefits.

Community Features:

Community clubhouse
Pet friendly community
Swimming pool
BBQ facilities
Resident benefits program
Community activities and events

A land lease home operates under the land lease model, supported by specific government legislation which guarantees ongoing financial security and peace of mind.

The model lets you enjoy the benefits of conventional home ownership, with residents owning their own home, without the cost of buying the land and paying council rates.

Should you ever wish to sell, the capital gain is all yours, without exit fees. You also enjoy the advantage of no council rates or stamp duty, just a weekly site fee which eligible residents offset with rental assistance.

Community living has never been easier; whether you are looking at your downsizing options or just looking to form friendships and find new hobbies, the community at Ingenia Lifestyle Lara will welcome you with open arms.

Contact our friendly team today and discover how you can start your new way of relaxed living at Ingenia Lifestyle Lara.

Property History for 164/40 Watt St, Lara, VIC 3212

A timeline of how this property has performed in the market
  • 24 Oct 2025
    Listed for Sale $430,000 -$455,000
  • 21 Jul 2017
    Listed for Sale Not Disclosed
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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 12,347 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.
There are currently 57 properties listed for sale, and 51 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 802 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.