5 Tower Hill Drive, Lara, VIC 3212 | Property Value & History | OnTheHouse
OFF MARKET

5 Tower Hill Drive
Lara VIC 3212

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 144m2
Land area: 20227m2
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Property Details for 5 Tower Hill Dr, Lara

5 Tower Hill Dr, Lara is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 20227m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last transferred in August 2023.

Building Type
House
Year Built
1975
Floor Size
144m2
Land Size
20227m2
Local Government
Greater Geelong
Lot/Plan
1/LP85555

Last Listing description (March 2019)

OFFERS INVITED
Situated in the future Lara growth corridor this vast 5 acre block (Approx), presents a sturdy 3 bed 1 bath brick veneer home perfect for home buyers, land bankers and investors alike.
The home features 2 living zones, conveniently placed living/dining room that flows effortlessly into the functional kitchen and laundry, centrally located bathroom and large master bedroom including BIR's.

Additional features include, reverse cycle a/c in lounge room, wood fire heater, town water and concrete floored three car garage measuring approx 7.6m x 12.4m with power and lighting.
Positioned only minutes from nearby schools shops and the Geelong Ring Road, this property offers all the desirable aspects of acreage living all within close proximity to desired amenities.
Call to book your inspection today!
Due Diligence checklist are available at www.consumer.vic.gov.au/?duediligencechecklist

Property History for 5 Tower Hill Dr, Lara, VIC 3212

A timeline of how this property has performed in the market
Last Transferred
02 Aug 2023
Listed for Rent
28 May 2018
  • 02 Aug 2023
    Transferred
  • 10 Dec 2018
    Sold for $750,000
  • 10 Sep 2018
    Listed for Sale Not Disclosed
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About 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 12,348 properties. Over the last 5 years, Houses in Lara have seen a 8.84% increase in median value, while Units have seen a 29.71% increase. As at 31 July 2026:

  • The median value for Houses in Lara is $776,915 while the median value for Units is $552,483.
  • Houses have a median rent of $580 while Units have a median rent of $500.
There are currently 62 properties listed for sale, and 45 properties listed for rent in Lara on OnTheHouse. According to Cotality's data, 824 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.