VIC3212· Pop. 19,014Greater Geelong

LARA

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

41

Liveability score

41

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$675,000

VIC Gov · 2025

Rent yield

Real

3.8%

computed from govt data

Annual growth

Real

-0.6%

annualised from govt data

Vacancy rate

Est.

1.5%

modelled estimate

AI insights for LARA

Investment analysis, risks & comparisons

PREMIUM

LARA shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$493/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.8%

annual shift

Yield × growth index

1.6

combined signal

Net yield (est.)

3.31%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.8%

est. compound, long-run avg

10-yr growth (CAGR)

+6.0%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Est.

5.1%

new dwellings approved / stock · Modelled estimate

High supply risk

5-year price history

2020
$535k
2021
$683k
2022
$700k
2023
$683k
2025
$675k

Source: VIC Gov · 2025 · all sources

Market overview

LARA is a VIC suburb offering moderate rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Rental yield 3.8% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,966/wk

$48k taxable p.a.

Renters

21.5%

76.2% owner-occupier

Median age

37.0 yrs

Unemployment

4.3%

Population growth

+1.5% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

82%

7% apartments

Degree qualified

22.2%

bachelor's or higher (ABS)

Work from home

15.1%

of employed residents (ABS Census)

Median lot size

2.3 ha

Large block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

3.0%

Some Airbnb activity

Market activity

Distance to CBD

53.7 km

Regional

Days on market

59 days

Slower market

Auction clearance

41.8%

Buyer's market

Walkability

1 / 100

Car-dependent

Coastal proximity

38.1 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

134/km²

Low density

Schools in postcode 3212

🏫3 Primary🎓1 Secondary
ACARA 2025

🏫Primary (3)

St Anthony's School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1040(64%)
477 students14:1 student–teacher52% girls12% top SEA quarter

Lara Lake Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1025(58%)
888 students16:1 student–teacher49% girls14% top SEA quarter

Lara Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 993(44%)
439 students13:1 student–teacher46% girls9% top SEA quarter

🎓Secondary (1)

Lara Secondary College

Government · Yrs 7-12 · Major Cities

ICSEA 975(36%)
658 students12:1 student–teacher45% girls5% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
70/ 100

6.7 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1008ICSEA · national avg 1000

4 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
11/ 100
🚆 0 train🚌 5 bus

Source: State GTFS feeds

Gentrification signal

7

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

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