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40 Skipton Street, Lara$850,000
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For Salehouse

40 Skipton Street

Lara, VIC 3212, Australia
$810,000 – $890,000
3 bed 3 bath 2 car448 m²

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About this property

Viewings available via private appointment only. Note: we now have an SDA specialist marketing agency engaged to assist in finding 2 applicants for the property. The timing of these participants is imminant. Call Nathan on 0407 880 925 to find out more. Don't wait to go through the process of building an SDA compliant house, this is completed and built for High Physical Support (#4). Located in a quiet pocket of Austin Estate, this thoughtfully designed Specialist Disability Accommodation (SDA) home offers high-quality, accessible living for participants accessing the National Disability Insurance Scheme (NDIS) via the NDIA. For investors, SDA properties present a unique opportunity to achieve exceptionally high rental returns, with gross yields often ranging between 8% and 15%. These returns can be three to four times higher than those of typical residential properties. With NDIA-backed payments and participants often seeking long-term, stable accommodation, SDA investments offer not only strong financial performance but also consistent, low-turnover tenancies, reducing vacancy risk and maximising income security. This brand new SDA dwelling is tailored for comfort, safety, and independence, featuring widened doorways, accessible bathrooms, step-free entry, and smart home technology. Contact Nathan Loutit today to find out more. *All information offered by Lara Real Estate is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Lara Real Estate simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Lara Real Estate will not be liable for any loss resulting from any action or decision by you in reliance on the information. PHOTO ID MUST BE SHOWN TO ATTEND ALL INSPECTIONS*

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
3
Parking
2
Land Area
448 m²
Listed
3 months ago

Repayment calculator

$4,121/month
$2,060 /fortnight
Loan $680,000 at 6.10% over 30 years

Upfront costs

Deposit$170,000
Stamp duty$46,070
Conveyancing (est.)$2,000
Total upfront$218,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Lara

This 3-bedroom house in Lara, VIC 3212 sits within reach of public transport, local shops and nearby schools. It is listed 30% above the $652,840 median of 90 comparable houseswithin 5 km.

Schools near Lara

  • Lara Primary Schoolprimary · Prep-6 · CoEd
  • Lara Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)3.2 km away
  • Kut Loose4.9 km away
  • Unnamed2.4 km away
  • Unnamed2.8 km away
  • Unnamed2.8 km away

Lara at a glance

Full suburb profile
Population
19,014
Median age
37
Household income
$1,969/wk
Median rent
$370/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Lara price trend

Median sold · House 3 bed

Compound growth +0.3% / yr over 4 yrs

$650kcurrent median

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Price history

Price history

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1 price change recorded for this property

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