3-5 Melrose Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

3-5 Melrose Street
Lara VIC 3212

Bedrooms: 3
Bathrooms: -
Car spaces: 2
Floor area: 227m2
Land area: 1272m2
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Property Details for 3-5 Melrose St, Lara

Building Type
Land
Year Built
1970
Floor Size
227m2
Land Size
1272m2
Local Government
Greater Geelong
Lot/Plan
34/LP52878

Last Listing description (June 2026)

An incredible opportunity awaits to build your dream home on this spacious 639m parcel of land, set high on Melrose Hill in a boutique pocket of central Lara.

Boasting sweeping views of Hovells Creek and potential access to Hoffmans walking track and playground, this is a rare opportunity to secure a picturesque lifestyle location.
Imagine designing a home that takes full advantage of the stunning outlook, with living areas at the rear and a beautiful balcony to soak in the tranquil surroundings.

Positioned just a short walk to Lara's central shopping hub, doctors, schools, and transport, convenience meets natural beauty in this unbeatable location.

Key Features:

639m of prime land in the most sought-after central location in Lara.
Titled and ready to have your dream home built on.
Backed on to the locally renowned Kevin Hoffman's Walk, enjoy breathtaking sunset views every evening from your dream home.
Potential access to Hoffmans walking track & playground
Boutique Melrose Hill location in central Lara
Short 5 min walk to shops, schools, doctors & transport
Design flexibility - build to maximize views & natural light

Don't miss out on this premium homesite-a perfect blend of nature, convenience, and lifestyle.

Enquire today and start planning your dream home!

All stated dimensions and areas are approximate. Particulars herein are for information only and do not constitute representation by the Owner or Agent

Property History for 3-5 Melrose St, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$700,000
02 Nov 2023
  • 05 Jan 2026
    Listed for Sale $450,000
  • 13 Feb 2025
    Listed for Sale $459,000 - $499,000
  • 02 Nov 2023
    Sold for $700,000
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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 12,349 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 62 properties listed for sale, and 46 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 824 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

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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.