Market snapshot
Suburb insights for Lara3212
Change suburbHovells Creek runs through Lara and into a lake on the eastern side of the freeway before dispersing into Limeburners Bay a part of Corio Bay. The beautiful You Yangs which rise like a crown out of the western plains are also one of Lara's natural attractions.
Sales data
Median sale price
$685k
Quarterly price change
-2.1%
Regional Victoria Comparison
$595k
-0.9%
| Bedrooms | Lara | Regional comparison |
|---|---|---|
| 2 | $487,500 | $413,000 |
| 3 | $620,000 | $532,575 |
| 4 | $745,000 | $700,000 |
| Insight | Lara | Regional comparison |
|---|---|---|
| Clearance rate | 53.2% | |
| Days on market | 49 | 63 |
Rental data
Median weekly rent
$550
Rental yield
4.2%
Regional Victoria Comparison
$470
4.1%
| Bedrooms | Lara | Regional comparison |
|---|---|---|
| 2 | - | $380 |
| 3 | $480 | $450 |
| 4 | $573 | $530 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.