29 Country Gardens Drive, Lara VIC 3212

| 659sqm block | 248sqm build | 3-bed, 2-bath | owner-occupied street | This property offers a rare configuration advantage in Lara: a substantial 248sqm single-storey footprint on a 659sqm lot, which provides genuine separation between living zones and outdoor space. The 2003 build avoids the compromises of newer volume estates while offering modern amenities like air conditioning and secure double garage. With 100% owner-occupancy on the street and the suburb’s 77% owner-occupier rate, this represents a stable, family-oriented holding. It suits buyers seeking a low-maintenance but spacious family home in a proven residential pocket near Lara Lake Primary School. The primary risk is the price expectation relative to the suburb’s median for three-bedroom houses, which sits notably lower. While the larger building size justifies some premium, the buyer must weigh this against the property’s 2015 last sale and the absence of recent comparable transactions. The opportunity lies in the land-to-building ratio: at 38% coverage, there is scope for future extension or a granny flat, subject to council approval. Hold this property for its land component and street quality, not for short-term capital growth.