165 Patullos RoadLara VIC 3212
Property Details for 165 Patullos Rd, Lara
Last Listing description (May 2026)
Ray White Core Group proudly presents 165 Patullos Road, Lara VIC 3212 - a rare and strategic landholding positioned within the highly sought-after Lara West PSP.
Set on approximately 4 acres (16,200m), this premium Urban Growth Zone (UGZ) site offers exceptional potential for future residential development (STCA), making it an ideal acquisition for developers, land bankers, and investors looking to capitalise on one of Victoria's fastest-growing corridors.
Key Highlights:
4 Acres / 16,200m (approx.) of prime developable land
Located within the approved Lara West Precinct Structure Plan (PSP)
Urban Growth Zone (UGZ) - future residential potential
Corner allotment with dual frontage totaling approx. 252.3m
Flexible development options (STCA) due to corner positioning
Surrounded by established and emerging residential communities
Strategic Location & Connectivity:
Positioned in the heart of Lara's growth corridor, the property is already benefiting from surrounding development momentum:
Minutes to Lara township, schools, and shopping amenities
Approx. 5 mins to Lara Train Station (direct access to Melbourne & Geelong)
Easy connectivity to Geelong CBD and Melbourne via Princes Freeway
Close proximity to Avalon Airport
Nearby key amenities including schools, shopping centres, and recreation
Surrounded by Major Residential Developments:
This site is directly adjacent to some of the region's most recognised residential estates, highlighting strong growth and future demand:
Lara Lakes by Bisinella
Villawood Coridale
Austin Estate
Parkview Lara
These developments reinforce the area's transformation into a thriving residential hub, enhancing the long-term value of this landholding.
Investment Potential:
With residential development already established next door and major infrastructure supporting population growth, this property represents a prime infill development or land banking opportunity. The corner configuration allows for efficient subdivision design and multiple access points (STCA), maximising yield potential.
Secure Your Position in Lara's Growth Corridor
Opportunities of this scale, location, and flexibility are increasingly rare. Whether you're looking to develop now or hold for future upside, 165 Patullos Road offers a compelling proposition in a rapidly evolving market.
For further information please contact RJ on 0477 051 648.
Note:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
Property History for 165 Patullos Rd, Lara, VIC 3212
- 09 Apr 2026Listed for Sale Contact Agent
- 05 Feb 2019Listed for Sale $495,000
- 29 May 2018Listed for Rent $400 / week
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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 12,345 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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