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72-74 Mcclelland Avenue,
Lara VIC 3212

This property is Off Market

All about Lara Homes for sale in Lara


  • The Average property price in this area is $930,809, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 3.92 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Lara

With an average age of 41, households expect an average monthly mortgage payment of $1,648 or a weekly rent payment of $331. The average family earns a weekly income of $1,908 with a typical household size of 2.4 and a 96.83% employment rate.

Consistent high demand relative to supply is a key feature in Lara driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lara are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Lara provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Lara requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Lara we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Lara a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 2958 asthma sufferers and 693 people living with diabetes. In addition, 816 people have a heart/vascular condition and 1649 people live with three or more chronic diseases.

A good place to invest in property?

Lara a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

55 / 100

52 / 100

Industry

15 / 100

17 / 100

Population

55 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

33 / 100

34 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Lara Secondary College Lara Primary School Matthew Flinders Girls Secondary College
  • St Anthony's School

    Lara, VIC, 3212 Independent Prep-6


Property Story

72-74 Mcclelland Avenue, Lara, Vic, 3212 is a residential property with 4 bedrooms, 2 bathrooms and 4 Parking spaces. The estimated distance to the sea is 3.92km and 0.67KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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