3 Forest Road SLara VIC 3212
Property Details for 3 Forest Rd S, Lara
Last Listing description (September 2023)
This Lara icon property built around 1915, has been locally owned by the one family for many decades and is steeped in history and culture of the township. The home has been occupied by a number of businesses ranging from bank, butcher and hairdressers. Its central position and size may cater for a residential or business development STCA.
-Tremendous central position opposite Six Ways shops
-2400 square metres approximately
-Outstanding development potential
S.T.C.A.
-Close to medical facilities
-Within walking distance of pool and Lakelands reserve
Property History for 3 Forest Rd S, Lara, VIC 3212
- 26 Sep 2023Listed for Sale Not Disclosed
- 14 Oct 2020Sold for $2,710,000
- 19 Nov 2010Listed for Sale 324400
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0About 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 12,351 properties. Over the last 5 years, Houses in Lara have seen a 18.52% increase in median value, while Units have seen a 36.41% increase. As at 30 April 2026:
- The median value for Houses in Lara is $790,228 while the median value for Units is $548,978.
- Houses have a median rent of $580 while Units have a median rent of $480.
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