187/40 Watt Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

187/40 Watt Street
Lara VIC 3212

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 1 Dec 2025
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Property Details for 187/40 Watt St, Lara

187/40 Watt St, Lara is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Greater Geelong

Last Listing description (February 2025)

Enjoy peaceful views from the undercover front patio, overlooking the vibrant garden, with minimal stairs to navigate, this home is designed for effortless living.

The open-plan living areas are enhanced by air-conditioning, stainless-steel ceiling fans, hybrid timber flooring and modern lighting features throughout, with tiled finishes in the bathroom and laundry.

The modern galley-style kitchen features an island bench and overhead pendant lighting, flowing effortlessly to an outdoor deck that's ideal for alfresco dining. The kitchen is well-equipped with an electric oven, gas cooktop, and dishwasher, while the deck offers additional outdoor space for relaxation or entertaining with friends.

The spacious single bedroom includes cosy carpeting, built-in robe, ceiling fans, and direct access to the single bathroom, while modern privacy blinds are installed throughout the home, adding to the comfort and style.

Additional features include a separate walk-through laundry off the kitchen, a paved carport with remote access, and a garden shed and clothesline to the low maintenance backyard. With no lawn to mow and surrounded by mulched garden beds that await your green thumb, this modern, easy-care home is ready for your creative touch.

Home features:
? Spacious single bedroom with built-in robe & ceiling fans
? Single bathroom with two-way access
? Open plan living with air conditioning/ heating & ceiling fans
? Hybrid timber flooring, tiled wet areas, carpet to bedroom
? Undercover front patio
? Entertainment deck to side of home
? Modern entertainer's kitchen with island bench & pendant lighting
? Privacy blinds throughout
? Electric oven, gas cooktop & dishwasher
? Separate walk-through laundry off kitchen
? Fully fenced yard with no lawn
? Low maintenance, mulched garden beds
? Single paved carport with remote access
? Garden shed and clothesline to backyard

Ingenia Lifestyle Lakeside 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

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 Lakeside Lara will welcome you with open arms.

A land lease home operates under the land lease model, supported by specific government legislation which guarantees ongoing security and peace of mind.
The model lets you enjoy the benefits of conventional home ownership, providing peace-of-mind 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 fees. But you also enjoy some of the advantages with no council rates or stamp duty, just a weekly site fee which eligible residents offset with rental assistance.

Contact our friendly team today and discover how you can start your new lifestyle at Lakeside Lara.

Images are for illustrative purposes only.

*Price is based on owning your home and leasing the land and is correct at the time of printing and subject to change without notice. 30.01.25

Property History for 187/40 Watt St, Lara, VIC 3212

A timeline of how this property has performed in the market
  • 22 Nov 2024
    Listed for Sale $339,000
  • 13 Aug 2024
    Listed for Sale Not Disclosed
  • 22 Feb 2017
    Listed for Sale Not Disclosed
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About Lara 3212

The size of Lara is approximately 89.5 square kilometres. It has 45 parks covering nearly 6.7% of 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 12,196 properties. Over the last 5 years, Houses in Lara have seen a 30.56% increase in median value, while Units have seen a 39.80% increase. As at 31 October 2025:

  • The median value for Houses in Lara is $758,545 while the median value for Units is $509,646.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 110 properties listed for sale, and 18 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 748 properties were sold in the past 12 months in Lara.

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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.