255 Elcho Road, Lara, VIC 3212 sold on 21 October 2025 | OnTheHouse
SOLD
Sold on 21 Oct 2025 for $2,550,000

255 Elcho Road
Lara VIC 3212

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Floor area: 117m2
Land area: 25080m2
Save

Property Details for 255 Elcho Rd, Lara

Building Type
Rural
Year Built
2015
Floor Size
117m2
Land Size
25080m2
Local Government
Greater Geelong
Lot/Plan
5/LP53241

Last Listing description (October 2025)

The property is For Sale by Expression of Interest closing 5pm Friday 10 Oct 2025

Raine and Horne Land Victoria proudly presents this ideally located 6.2-acre (approx.) parcel within the highly anticipated Elcho Road PSP - part of the Northern Geelong Growth Corridor's development plan.

Perfectly positioned on Elcho Hill, the property enjoys panoramic views and offers a unique opportunity to secure Urban Growth Zoned land in the early stages of Geelong's largest urban expansion project. With the thriving Lara township just minutes away and easy access to the Princes Freeway, this site combines lifestyle, convenience, and long-term investment potential.

Property Features:
6.2 acres (approx.) of land within the Urban Growth Zone
Located in the Elcho Road PSP of the Northern & Western Geelong Growth Areas framework
Comfortable 3-bedroom brick veneer home
Huge 28m x 12m shed - ideal for storage or equine use
Several well-fenced paddocks, suited for horses or rural lifestyle living
Easy access to the Princes Freeway - convenient commute to Geelong CBD or Melbourne
Close to the vibrant Lara township with shopping, schools, and amenities
12 minutes (approx.) to Avalon Airport
20 minutes (approx.) to Geelong CBD
Less than an hour to Melbourne CBD
Close to Lara town centre, local schools, shops, and community facilities

This is the perfect landbanking opportunity with residential rezoning potential (STCA) in one of Victoria's fastest-growing corridors. With the Northern and Western Geelong Growth Areas projected to welcome over 110,000 new residents, properties like this are increasingly rare and highly sought-after.

Call Uttam Singh on 0430 064 928 or Kevin Paghdar on +61 426 510 510 today for further enquiries and to inspect the property.

Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 255 Elcho Rd, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$2,550,000
21 Oct 2025
  • 21 Oct 2025
    Sold for $2,550,000
  • 15 Aug 2025
    Listed for Sale CONTACT AGENT
  • 31 Jan 2023
    Listed for Sale Contact Agent
Sign in to see more transactions
Commute Calculator

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 12,349 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 75 properties listed for sale, and 36 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 827 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

Market Insights
Lara Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Lara Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.