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 6.9%, with a median house buy price of $732,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$615,000
$685,000
$750,000
$732,000
Suburb Market Profile
Last month Lara had 110 properties available for rent and 114 properties for sale. Median property prices over the last year range from $732,000 for houses to $539,000 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 6.9% for houses and 11.8% for units.
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