2 Oswald AvenueLara VIC 3212
Property Details for 2 Oswald Ave, Lara
Last Listing description (September 2024)
5-Acre Property with Rural Charm and Development Potential
Situated at the corner of Bacchus Marsh Road & Oswald Avenue, this impressive 5-acre block offers a blend of rural tranquility and future development potential. Boasting several paddocks and a small orchard of fruit trees, the property is located in a Northern growth pocket poised for residential, commercial, and rural living developments.
The 4-bedroom home features 2 bathrooms and spacious living areas, including a versatile rumpus room that can serve as a 5th bedroom. The kitchen is well-equipped with ample cupboard space, a breakfast bench, and an adjoining meals area that opens onto a rear veranda, ideal for entertaining against the backdrop of a tree-lined backyard.
Additional amenities include ducted gas heating, evaporative cooling, and solar panels with battery, resulting in a surplus credit on the power bill.
Whether you seek a serene rural lifestyle or a strategic investment opportunity, this property promises both. Don't miss the chance to inspect and secure your future in this dynamic location.
Property History for 2 Oswald Ave, Lara, VIC 3212
- 12 Sep 2024Listed for Sale $2,300,000
- 17 Dec 2019Listed for Sale 1150000 $1,250,000
- 23 Nov 2016Sold for $710,000
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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 12,316 properties. Over the last 5 years, Houses in Lara have seen a 15.26% increase in median value, while Units have seen a 36.58% increase. As at 31 May 2026:
- The median value for Houses in Lara is $781,300 while the median value for Units is $556,257.
- Houses have a median rent of $580 while Units have a median rent of $480.
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