275 Patullos RoadLara VIC 3212
Property Details for 275 Patullos Rd, Lara
Last Listing description (July 2022)
361 Degrees Real Estate Werribee proudly presents approx 4.1 acres property in Lara West PSP.
Get in quick and invest in the growth of Lara! Set in the Lara West PSP currently zoned to UGZ6 (Urban growth Zone - Schedule 6), next to AUSTIN Estate is this magnificent block with immense future potential. Lara West PSP is said to be one of Geelong's most significant growth areas comes with an opportunity to land bank this 4.1 acre allotment for future development. Set in the Lara West precinct where it is proposed to include 4000 homes on 390ha, plus schools, parkland, shops, transport services and lots of exciting development being the extension of the Manzeene Village, where construction of homes has already started and future development by developers like Villawood. The land comes with a substantial 3 bedroom house, plenty of car spaces, and shedding.
This block is perfect to achieve high rental return together with great potential for future capital growth or entry level project for aspiring developers.
Size - 4.1 Acres Approx
Lara West PSP Approved Residential
Contact Saurabh Gogia on 0474 000 044 or Preetham Eleti on 0400 477 777 for more information on the property.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 275 Patullos Rd, Lara, VIC 3212
- 16 Dec 2018Sold for $1,505,000
- 28 Nov 2018Listed for Sale Contact Agent
- 04 Sep 2018Listed for Rent - Price not available
Recent sales nearby
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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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