425-455 Forest Road NLara VIC 3212
Property Details for 425-455 Forest Rd N, Lara
425-455 Forest Rd N, Lara is a 3 bedroom, 0 bathroom House. The property has a land size of 604982m2. While the property is not currently for sale or for rent, it was last transferred in January 2018.
Last Listing description (September 2024)
Raine & Horne Land Victoria proudly presents a unique sale of 150 acres prime land with most beautiful views of the You Yang Ranges in Lara. The property is situated right next to Avalon Growth Corridor boundary. The Geelong region is experiencing significant growth, as outlined in the G21 Regional Growth Plan, which forecasts an increase in population, employment opportunities, and tourism over the next four decades. Lara is strategically positioned to accommodate a portion of this growth. The area's designation for greenfield urban expansion under the Greater Geelong Planning Scheme aligns with broader regional development goals. This includes the development of new residential, commercial, and community infrastructure designed to support a growing population.
The Lara West Precinct Structure Plan (PSP) aims to accommodate approximately 11,000 residents in about 4,000 new homes. It includes a $37 million investment in roads, community facilities, and sports grounds in Lara West. The plan also features an employment area expected to create 300 jobs, a central hub with amenities supporting 185 ongoing positions, three new schools, community services, sports facilities, parklands, walking trails, and other necessary infrastructure.
Property Features:
Convenient access to Princes Freeway, Geelong Ring Road, and Bacchus Marsh Road
Minutes from Lara township with vibrant community
10 minutes to Avalon Airport
20 minutes to Geelong city centre
35 minutes to from some of Australia's best surf beaches
40 minutes to Melbourne CBD
Close to major residential estates like Austin, Coridale estate by Villawood, Manzeene village by Dacland and Bisnella
Call Kevin Paghdar on +61 426 510 510 Or Rizul Sharma on +61 480 108 022 today for further enquiries.
Interested parties should conduct their due diligence prior to making any submissions. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Due Diligence Checklist -
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 425-455 Forest Rd N, Lara, VIC 3212
- 23 Apr 2024Listed for Sale Contact Agent
- 06 Nov 2023Listed for Sale $6,000,000
- 09 Jan 2018Transferred
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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 12,361 properties. Over the last 5 years, Houses in Lara have seen a 13.03% increase in median value, while Units have seen a 33.87% increase. As at 30 June 2026:
- The median value for Houses in Lara is $785,139 while the median value for Units is $550,619.
- Houses have a median rent of $580 while Units have a median rent of $493.
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