25 Blackwood Road, Lara VIC 3212
25 Blackwood Road, Lara VIC 3212
4 bed 2 bath 2 car | Boutique build on compact 392m² | Family-focused new estate | Double garage internal access | Two living zones
This house competes strongly in Lara’s newer estate market, where the dominant buyer profile is families seeking a modern 4/2/2 layout on a low-maintenance block. The Boutique Homes build signals a recent, well-presented structure, and the two separate living areas add practical flexibility for households wanting distinct zones for adults and children. Its position in a family-friendly pocket with schools, parks, and freeway access makes it a solid fit for owner-occupiers prioritising convenience and move-in condition over land size. The compact allotment suits buyers who value efficiency over expansive outdoor space.
The land size may temper price growth compared to larger neighbouring blocks, though the modern build and internal access garage support a premium within its cohort. Market timing and buyer competition in the estate could influence final figures, and the absence of disclosed finishes or exact build year leaves room for inspection to confirm quality. Rental demand for similar family stock appears steady, which may appeal to investors, but owner-occupiers likely form the strongest buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Blackwood Road, Lara VIC 3212
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Lara, in Victoria’s Geelong corridor, is a market split by property type. Houses hold a median of $700,000, with annual growth figures conflicting sharply: from 1.93% to -0.71% depending on source. Units, at a median of $490,000, show stronger reported momentum of up to 6.52%, though Barry Plant records a -2.56% slip. Housing stock turns over in roughly 35 days and units in 22 days, suggesting reasonable absorption. Demand comes from professional households, largely couples with children, carrying monthly mortgages between $1,800 and $2,399. Rental yields are modest but stable: houses return 4.0–4.25% with median weekly rents around $570; units yield 4.78–5.2% at $490 weekly. Annual sales volume of roughly 450–470 properties underpins market depth. The critical constraint is divergent price data: negative recent prints for houses and units in one series versus positive compound growth in others point to patchy momentum. Future growth hinges on broader Geelong-linked infrastructure and employment expansion, while supply and affordability pressures remain unquantified.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 34 Blackwood Road sold $745,000; 26 Blackwood Road sold $680,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Modern build quality, compact low-maintenance land, family-oriented layout with dual living areas
Bedrooms
4
Bathroom
2
Parking
2
Land
392m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!