40 Old Melbourne Road, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

40 Old Melbourne Road
Lara VIC 3212

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 154m2
Land area: 25654m2
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Property Details for 40 Old Melbourne Rd, Lara

Building Type
Rural
Year Built
1980
Floor Size
154m2
Land Size
25654m2
Local Government
Greater Geelong
Lot/Plan
2/LP88669

Last Listing description (February 2024)

Nestled on approximately 6.4 acres of prime land in proximity to the Lara township, this property offers the perfect blend of rural serenity and urban convenience. Situated in this picturesque location, you'll discover the Lara shopping centre, medical facilities, Lara train station, and easy access to the freeway, which ensures a swift commute to both the Melbourne and Geelong CBDs.

This well-appointed residence boasts three bedrooms, with the master bedroom featuring an ensuite for added comfort and privacy. The remaining two bedrooms are thoughtfully serviced by a centrally located bathroom, complete with a shower, single vanity, bath, and a separate toilet.

In the heart of the home, the kitchen is equipped with an electric cooktop and wall oven. Adjacent to the kitchen is a formal dining room, making it a fantastic space for entertaining guests or enjoying family meals.

Additional features include two separate living areas, one of which comes with a reverse cycle air conditioner, ensuring year-round comfort. The presence of a study allows for remote work or a quiet space for reading and contemplation. The laundry, complete with a linen cupboard and a single sink, provides functional utility within the home.

The outdoor area of this property is equally impressive. A large paddock awaits your creative touch, offering an array of possibilities. Additionally, the property features three generous sheds, perfect for storage or as potential workspaces for various projects, making it a versatile and well-rounded property.

FEATURES:
6.3 Acres near Lara Township
Conveniently located
Three Bedrooms
Two bathrooms
Well-Equipped Kitchen
Formal Dining Room
Two Living Areas, one with reverse cycle air conditioner
Expansive Outdoor Space
Three Generous Sheds

*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.*

*Photo ID is required at all open for inspections.*

Property History for 40 Old Melbourne Rd, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Sold
$1,650,000
24 Nov 2023
Listed for Rent
$480/w
29 Aug 2020
  • 24 Nov 2023
    Sold for $1,650,000
  • 22 Oct 2023
    Listed for Sale Contact Agent
  • 18 Aug 2020
    Listed for Rent $480 / week
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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 12,199 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 111 properties listed for sale, and 25 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 769 properties were sold in the past 12 months in Lara.

Suburb Insights for Lara 3212

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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.