40 Forest Road NLara VIC 3212
Property Details for 40 Forest Rd N, Lara
40 Forest Rd N, Lara is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 195m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (December 2016)
SET ON APPROXIMATELY 800M2 OF LAND IS THIS GREAT OPPORTUNITY TO DEVELOP OR RENOVATE A HOME THAT HAS BECOME A LITTLE TIRED AND NEEDS A BIT IF TLC. THE HOME ITSELF CONSISTS OF 3 BEDROOMS, CENTRAL BATHROOM, KITCHEN WITH ADJACENT MEALS AREA AND LOUNGE. EXTERNALLY THE SEVEN ODD METERS OF CLEARANCE UP THE DRIVEWAY LEADING TO THE BIG BACKYARD OPENS DOORS THAT MOST PROPERTIES DON?T AND ITS CLOSE PROXIMITY TO SCHOOLS, PUBLIC TRANSPORT, SHOPS PARKLANDS OFFERS EVEN MORE APPEAL. AT A PRICE THAT WON?T BREAK THE BANK AND A PROPERTY THAT OFFERS SO MUCH POTENTIAL, IT MIGHT BE AN EARLY CHRISTMAS PRESENT FOR SOMEONE.DUE DILIGENCE CHECKLIST ARE AVAILABLE AT WWW.CONSUMER.VIC.GOV.AU/DUEDILIGENCECHECKLIST
Property History for 40 Forest Rd N, Lara, VIC 3212
- 12 Dec 2016Listed for Sale $315,000
- 16 Mar 2016Sold for $335,000
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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 12,377 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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