40 Skipton StreetLara VIC 3212
Property Details for 40 Skipton St, Lara
40 Skipton St, Lara is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 448m2.This Property is currently listed for sale with Lara Real Estate
Last Listing description (March 2026)
Viewings available via private appointment only.
Note: we now have an SDA specialist marketing agency engaged to assist in finding 2 applicants for the property. The timing of these participants is imminant. Call Nathan on 0407 880 925 to find out more.
Don't wait to go through the process of building an SDA compliant house, this is completed and built for High Physical Support (#4).
Located in a quiet pocket of Austin Estate, this thoughtfully designed Specialist Disability Accommodation (SDA) home offers high-quality, accessible living for participants accessing the National Disability Insurance Scheme (NDIS) via the NDIA.
For investors, SDA properties present a unique opportunity to achieve exceptionally high rental returns, with gross yields often ranging between 8% and 15%. These returns can be three to four times higher than those of typical residential properties. With NDIA-backed payments and participants often seeking long-term, stable accommodation, SDA investments offer not only strong financial performance but also consistent, low-turnover tenancies, reducing vacancy risk and maximising income security.
This brand new SDA dwelling is tailored for comfort, safety, and independence, featuring widened doorways, accessible bathrooms, step-free entry, and smart home technology.
Contact Nathan Loutit today to find out more.
*All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*
Property History for 40 Skipton St, Lara, VIC 3212
- 13 Jan 2026Listed for Sale $820,000 - $900,000
- 19 Nov 2025Listed for Rent $520 / week
- 01 Jul 2025Listed for Sale Vendor Must Sell! $850,000 - $900,000
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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 12,377 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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