3 Penstone Cres, Lara is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 256m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Ace Real Estate proudly presents this immaculate, brand-new home-expertly crafted by a reputable builder-offering a contemporary design, luxury finishes, and the perfect balance of comfort and style.Located in the ever-growing suburb of Lara, Victoria, this property presents an outstanding opportunity for savvy investors looking to grow their portfolio, or for first-home buyers ready to enter the market with confidence and value.From the moment you step inside, you'll be impressed by the smart floorplan, high-quality finishes, and light-filled living spaces designed for modern living.Key Features Include: Master bedroom with full ensuite and walk-in robe (WIR) Two additional spacious bedrooms with built-in robes (BIRs) Designer kitchen with stainless steel appliances Open-plan family and meals area Quality flooring throughout, with carpet in all bedrooms Central bathroom and toilet Remote-controlled garage with internal access Double car driveway Reverse cycle air conditioning for year-round comfort & ducted heating Professionally landscaped front and rear yardsLocation Highlights:Set in the master-planned Austin Estate, this home enjoys a thoughtfully designed neighbourhood with parks, walking tracks, and expansive green spaces-offering the perfect blend of tranquility and convenience. Just minutes from Lara's thriving town centre, you'll benefit from: Quick access to the Princes Freeway and Lara Train Station, making commuting to Geelong and Melbourne a breeze A short drive to Geelong's stunning waterfront, only 20 minutes away Nearby Woolworths Lara, Lara Village Shopping Centre, and future planned shops and amenities Access to local schools including Lara Secondary College and Kardinia International College Nearby childcare facilities like Jenny's ELC Lara and Story House Early Learning Lara The estate is part of a growing area with upcoming schools, retail, and community facilities in developmentWhether you're buying your first home or seeking a smart investment in a high-growth location, this home offers comfort, convenience, and lifestyle.The Ace Team welcomes you and looks forward to meeting you at the open for inspection.'''''''''''''''''''''"- Due Diligence Checklist: Click hereDisclaimer: All dimensions, sizes, and layouts are approximate. The producer or agent cannot be held responsible for any errors, omissions, or misstatements. This floorplan is for illustrative purposes only and should be used as a guide.
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:
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