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Lot 5 Austin Estate, Lara$752,542
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Lot 5 Austin Estate

Lara, VIC 3212, Australia
$752,542
4 bed 2 bath 2 car665 m²

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About this property

The Saba 311 House and Land Package! * Mimosa Homes New Added Value Inclusions: - 50 Year Structural Warranty! - Inclusive of site costs & connections with H1 class slab as per standard inclusions! - Quality floor coverings throughout entire home! - Higher ceilings 2550mm to ground floor! - Double Glazed Awning windows! - LED Downlights to entire home! - Fibre Optic Provision! - Vitrified Compact Surface benchtop to kitchen, bathroom & ensuite! - 900mm S/S upright oven and cook top with S/S canopy rangehood! - Stainless steel Dishwasher and Microwave with trim kit! - 7 star energy! - Flexible floor plans & so much more! CALL BUILDER DIRECT! All plans and facades are indicative only and may change. Mimosa Homes may amend plans, specifications, and prices without notice. Package prices are based on a standard facade, standard inclusions, and suitable land availability, excluding developer/estate requirements. Facade and inclusion images may show non standard items not included in the price. Dimensions are approximate. Landscaping, fencing, decking, planter boxes, driveways, and paths are excluded unless specified.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
665 m²
Listed
2 months ago

Repayment calculator

$3,648/month
$1,824 /fortnight
Loan $602,034 at 6.10% over 30 years

Upfront costs

Deposit$150,508
Stamp duty$40,223
Conveyancing (est.)$2,000
Total upfront$192,731
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 4-bedroom house in Lara, VIC 3212 sits within reach of public transport, local shops and nearby schools. It is listed 15% above the $652,840 median of 89 comparable houseswithin 5 km.

Schools near Lara

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

What's nearby

  • Unnamed (bus)3.1 km away
  • Kut Loose4.9 km away
  • Unnamed2.5 km away
  • Unnamed2.8 km away
  • Unnamed2.9 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.

Due diligence

Property Report

Future Development

Complete

Lara is experiencing substantial residential growth driven by greenfield expansion in northern precincts and infill intensification across existing residential zones. Major infrastructure investment in schools and retail is supporting population growth along key arterials including Avalon Road and Bellarine Highway. Development activity reflects Geelong region's broader westward expansion and housing demand.

Nearby projects

5

Closest

0.8 km

Lara Primary School Expansion

1.3km2.5km3.8km5kmLara Primary School Expansion — 0.8 kmRecent residential DAs (scattered infill) — 1.0 kmLara North Residential Precinct — 1.5 kmAvalon Road Corridor Mixed-Use Development — 2.5 kmBellarine Highway Precinct Retail — 3.0 km

Distance from this property is exact (rings = km). Direction is illustrative.

Lara Primary School Expansion

0.8 km
InfrastructureApproved

Schools infrastructure to service growing residential catchment with additional classrooms and facilities.

2024

800 m

Recent residential DAs (scattered infill)

1 km
ResidentialUnder construction

Multiple dual occupancy and townhouse infill approvals on existing residential zoned land.

2024-2025

1.0 km

Lara North Residential Precinct

1.5 km
Residential subdivisionUnder construction

Large-scale greenfield residential estate with 500+ allotments across multiple stages in the northern growth corridor.

2026

1.5 km

Avalon Road Corridor Mixed-Use Development

2.5 km
Mixed-useProposed

Local retail and commercial mixed-use precinct along major transport corridor with multi-level residential component.

2025-2026

2.5 km

Bellarine Highway Precinct Retail

3 km
CommercialUnder construction

Bulky goods and convenience retail development with drive-through services on major arterial.

2024

3.0 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Lara price trend

Median sold · House 4 bed

Compound growth +0.3% / yr over 4 yrs

$749kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Lara market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

Nearby Properties

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