LARA 3212
State: VICPosiProp AI Investment Summary
LARA (VIC 3212) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.0% and has experienced a 12-month capital growth of Up 3.4%, with a median house buy price of $713,250. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$627,500
$661,000
$750,000
$713,250
Suburb Market Profile
Last month Lara had 58 properties available for rent and 107 properties for sale. Median property prices over the last year range from $713,250 for houses to $535,000 for units. If you are looking for an investment property, consider houses in Lara rent out for $580 PW with an annual rental yield of 4.0% and units rent for $480 PW with a rental yield of 4.6%. Lara has seen an annual compound growth rate of 3.4% for houses and 16.7% for units.