Lara VIC Property Investment

Greater Geelong · 3212

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Median House Price

$745K

As of 7 Nov 2026.

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

$560K

As of 7 Nov 2026.

Population (Census 2021)

19,014

Lara Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Lara: 5.1% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Greater Geelong council area, 12 months to Aug 2026: 3,470. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Lara.

Suburb Metric Thresholds

2 green4 yellow1 red

Population growth 2016–21, postcode 3212 (ABS Census)

2.97 high impact

Median Household Income

1966 medium impact

Public Transport Score

5.8 medium impact

School Zone Quality

6.9 medium impact

Distance to CBD

54.89 medium impact

SEIFA Advantage/Disadvantage

5 medium impact

Owner Occupier Rate

76.2 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3212

Most disadvantagedLeast disadvantaged

Decile 7 of 10 — Average

Population (suburb)

19,014

Education (IEO)

5/10

Econ. Resources (IER)

8/10

Schools

In your catchment

Lara Lake Primary School

PrimaryGovernment

6.3/10

Matthew Flinders Girls Secondary College

SecondaryGovernment

6.7/10

Lara Secondary College

SecondaryGovernment

5.6/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.