7 Newell St, Lara is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 611m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Lara in the last 12 months.
Set on a generous 611m² (approx.) allotment in a quiet and convenient pocket of Lara, this property presents an outstanding opportunity for renovators, investors, or developers seeking to capitalise on a fantastic location. With a versatile layout, freestanding studio and large garage, the options here are as broad as your imagination.
The existing residence offers three bedrooms, all with built-in robes, a central bathroom, and a light-filled living area featuring exposed beams and garden outlooks. The adjoining kitchen and dining zone provide a functional base to refresh or reconfigure to your taste. With plenty of original character, this home is ready for those looking to restore or completely redesign.
Outside, the deep backyard provides ample room for future extensions or new beginnings (STCA) the perfect site to create a battleaxe development utilizing the wide driveway. The separate studio behind the garage offers flexible use as a workshop, games room, or creative space, while the wide driveway provides excellent off-street parking.
AUCTION 25th October at 10.30am
10% Deposit & 30 Day Settlement.
Due Diligence checklist are available at www.consumer.vic.gov.au/duediligencechecklist
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 12,351 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:
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