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 4.1% and has experienced a 12-month capital growth of Up 6.6%, with a median house buy price of $730,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$625,000
$680,000
$750,000
$730,000
Suburb Market Profile
Last month Lara had 77 properties available for rent and 116 properties for sale. Median property prices over the last year range from $730,000 for houses to $560,000 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 4.1% and units rent for $500 PW with a rental yield of 4.5%. Lara has seen an annual compound growth rate of 6.6% for houses and 19.2% for units.