Lot 128 - Penstone Crescent - Lara

Description

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Lara is a charming, leafy township located about 17 km northeast of Geelong and roughly 60 km southwest of Melbourne’s CBD, set in the City of Greater Geelong. With around 19,000 residents (2021 Census), it offers a unique blend of semi-rural tranquillity and commuter convenience.

The heart of Lara is centered around the redeveloped Lara Town Centre (also called Lara Village or Centreway), where you’ll find a Coles (since 2014), Woolworths (since 2016), McDonald's, The Reject Shop, Anytime Fitness, banks, pharmacies, cafés, and specialty stores.There's also a monthly community market at Pirra Homestead and multiple smaller shops and services nearby .

Families have access to several local schools. Core offerings include Lara Primary, Lara Lake Primary, St Anthony’s Primary, and Lara Secondary College (Years 7–12). Avalon College (for international students) adds extra educational diversity.

Nature lovers will thrive here—Hovell’s Creek winds through the suburb, connecting Lara Lake Reserve, Serendip Sanctuary (home to walking trails and wildlife), and the imposing You Yangs Regional Park with its bushwalking, mountain biking, and scenic lookouts. The town also offers a heated outdoor pool, skatepark, sports clubs (football, cricket, soccer, netball, baseball, bowling), golf course, tennis courts, and more .

Lara Railway Station on the Geelong–Warrnambool line is a commuter magnet: about an hour into Melbourne and under 15 minutes to Geelong. Frequent services (every 20 minutes during peak), part-time staffed station, and Myki Zones 2/3/4 overlap add to its appeal  Additionally, CDC Geelong bus routes 10/11/12 serve the suburb. Road links via the Princes Freeway provide seamless connections to both Melbourne and Geelong, and Avalon Airport is just 10 minutes away

• Property Type: House and LandSMSF Single Contract
• Property Stage: N/A
• Price: $ 749,000.00
• Land Price: N/A
• Build Price: N/A
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: N/A
• Completion: September 2025
• Land Size: 294
• Area Size: 203.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 655.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 655.00
• Gross Per Annum: $ 34,060.00
• Gross Yield: 4.55%
• Capital Growth 12 Months: N/A
• Capital Growth 10 Year Annualised: 5.87%
• Vacancy Rate: 1.56%