40 Forest Road SLara VIC 3212
Property Details for 40 Forest Rd S, Lara
40 Forest Rd S, Lara is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 794m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
Last Listing description (September 2020)
Set on approximately 796m2 is this great opportunity for home buyers looking for a generous slice of residential Lara land with plenty of opportunity or investors looking to add to their investment portfolio.
The home itself consists of 3 bedrooms, central bathroom, kitchen with adjacent dining/meals area, good-sized living area and rear alfresco that leads out to the double garage with dual roller doors.
Great driveway clearance leading up to the large backyard potentially offers a rare opportunity for subdivision or development down the track (subject to council approval) in a location that is within close proximity to schools, public transport, shops and parklands that adds even more appeal.
This property ticks all the boxes for any savvy buyer looking for a great location and plenty of potential. Please call or text on 0430 006 345 to arrange a private inspection.
Key Features
- Set on an 796m2 block (approx)
- Central kitchen, meals and living space
- Potential for subdivision/development (STCA)
- Double garage
- Polished boards throughout
- Large rear yard
- Close to Lara amenities
*Every precaution has been taken to establish accuracy of the above information but does not constitute any representation by the vendor or agent.
Property History for 40 Forest Rd S, Lara, VIC 3212
- 17 Jul 2020Sold for $455,000
- 17 Apr 2020Listed for Sale Matthew Wade-Taylor, Ray White Lara
- 06 Sep 2018Listed for Rent - Price not available
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0About 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 12,375 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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