8 The Centreway Lara VIC 3212
Property Details for 8 The Centreway, Lara
Last Listing description (December 2025)
Gartland are excited to offer 8 The Centreway Lara for sale via the Private Sale method.
Tenant Details - The iphone Guy
Rent: $37,131.50 Per annum + Outgoings
3% annual increments, Market at option
Positioned in the heart of Lara and surrounded by a large and growing residential catchment area, this securely tenanted investment offers an exceptional opportunity for investors seeking a strong, reliable return.
Key Highlights:
Next to zero % vacancy rates in The Centreway Lara Vic 3212
Established tenant providing immediate rental income
High-exposure location within a thriving residential precinct
Strong population growth driving ongoing demand in the Lara region
Close proximity to schools, shopping facilities, and public transport
Low-maintenance building with long-term investment appeal
Strategically located between Geelong and Melbourne, Lara continues to experience significant residential expansion, making this an ideal set-and-forget investment in one of Victoria's fastest-growing corridors.
An outstanding opportunity to secure a quality asset in a proven growth location.
Property History for 8 The Centreway, Lara, VIC 3212
- 14 Nov 2025Sold for $750,000
- 29 Oct 2025Listed for Sale $750,000
- 11 Feb 2012Listed for Sale $100,000
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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 12,358 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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