356/40 Watt Street, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

356/40 Watt Street
Lara VIC 3212

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low

High
Save

Property Details for 356/40 Watt St, Lara

356/40 Watt St, Lara is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Greater Geelong

Last Listing description (October 2024)

This immaculate 12-months-young home, situated with prime street frontage, is ready for you to move in and enjoy. Featuring two bedrooms plus an additional study, this home combines style and functionality with no further updates needed.

The open-plan kitchen and living areas impress with raked ceilings, transom windows, and glass stacker doors that lead to the rear alfresco area, perfect for spacious and seamless indoor-outdoor living. Hybrid timber flooring flows throughout, with cosy carpet in the bedrooms and study, while ceiling fans and a fully ducted heating and cooling system ensure year-round comfort throughout the modern home.


The master bedroom is a true retreat with an ensuite and walk-in robe, while the second bedroom offers a built-in triple-door wardrobe. The separate study provides added flexibility, while the second bathroom adds convenience for guests.

Internal electric blinds, along with sheer curtains, offer privacy and style throughout. The modern kitchen includes an induction cooktop, electric oven, and a dishwasher, all set against sleek stone countertops.

Additional features include a single-car garage with extra multi-use space and internal access, a separate laundry with built-in linen storage, and beautifully established gardens that complete this low-maintenance, contemporary home.

Home features:

? Master bedroom with ensuite and walk in robe
? Built in triple door wardrobe to second bedroom
? Additional study
? Open plan living with raked ceilings and transom window feature
? Fully ducted heating and cooling system throughout
? Hybrid timber flooring, carpet to bedrooms and study
? Living, study and all bedrooms include ceiling fans
? Modern kitchen with induction cooktop, electric oven and dishwasher
? Second bathroom
? Separate laundry in garage with linen storage
? Single car garage with additional multi-use space and remote access
? Rear tiled alfresco
? Established gardens


Ingenia Lifestyle Lakeside Lara is a gated, secure, well maintained and welcoming Gold Class community. You'll enjoy being part of this community with access to the resort-style facilities and exclusive resident benefits.

Community features:

? Community clubhouse
? Pet friendly community
? Swimming pool
? BBQ facilities
? Resident benefits program
? Community activities and events

A land lease home operates under the land lease model, supported by specific government legislation which guarantees ongoing security and peace of mind.
The model lets you enjoy the benefits of conventional home ownership, providing peace-of-mind with residents owning their own home, without the cost of buying the land and paying council rates.

Should you ever wish to sell, the capital gain is all yours, without fees. But you also enjoy some of the advantages with no council rates or stamp duty, just a weekly site fee which eligible residents offset with rental assistance.


Community living has never been easier; whether you are looking at your downsizing options, or just looking to form friendships and find new hobbies, the community at Lakeside Lara will welcome you with open arms.

Contact our friendly team today and discover how you can start your new lifestyle at Lakeside Lara.

Property History for 356/40 Watt St, Lara, VIC 3212

A timeline of how this property has performed in the market
  • 18 Sep 2024
    Listed for Sale $595,000
Commute Calculator

About 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 12,200 properties. Over the last 5 years, Houses in Lara have seen a 29.35% increase in median value, while Units have seen a 42.09% increase. As at 30 November 2025:

  • The median value for Houses in Lara is $765,865 while the median value for Units is $523,887.
  • Houses have a median rent of $560 while Units have a median rent of $470.
There are currently 113 properties listed for sale, and 18 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 765 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.