Back 1/1 Richard Dr
Off Market

1/1 Richard Dr

Lara VIC 3212

2
1
2
Unit
Last sold for $500,000
Jasmina SetaloJasmina Setalo, last sold this property on 10 May 2026 after 24 days on market.

Overview

Easy Living in a Prime Lara Pocket..!!!

Set in a quiet and established part of Lara, this well-kept two bedroom unit offers space, comfort and privacy for first home buyers, downsizers and investors looking for a smart purchase in a high-demand location. Inside, you will find two good-sized bedrooms, both fitted with built-in robes, a functional kitchen with breakfast bar, light-filled meals area, and a separate living room with a warm and welcoming feel. The layout works well for everyday living, with a central bathroom, separate toilet, and full laundry adding extra practicality. Year-round comfort is covered with ducted heating, split system cooling, and a low-maintenance setting suited to busy lifestyles. Outside, the private courtyard and covered alfresco create a relaxed space for outdoor dining, quiet mornings, or easy entertaining. A secure single lock-up garage with rear access adds further convenience, while the long driveway gives extra off-street parking. The location adds strong appeal, with easy access to local schools, the Six Ways shopping precinct, public transport, pool, gym, and Lakelands walking trails. Whether you are entering the market, scaling down, or adding to your portfolio, this is a solid property in a sought-after Lara position. DISCLAIMER: Information provided is believed to be reliable but is not guaranteed. Sarab & Co Real Estate recommends independent verification and accepts no liability for decisions made based on this information.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Lara over the last 12 months, the estimated median property value of 1/1 Richard Dr is $471.5k.

Median value
$471.5k
Estimated value range
$410k - $520k
Median days on market
25
Estimated value trend
7%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lara. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/1 Richard Dr

2026
Sold
$500,000
10 May 2026 by Jasmina Setalo, of Sarab & Co Real Estate
2018
Sold
$362,500
30 Aug 2018 by Karen Branch, of Burns Archer Realty

Happy sellers in Lara

80%
80% of sellers in Lara reported that their sale price either exceeded or met their price expectations.

Lara stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Lara over the last 12 months.

Local market activity for 2 bedroom units in Lara

In the last 12 months, 11 two-bedroom units similar to 1/1 Richard Dr, have been sold.

This represents a 33% decrease in two-bedroom units sales when compared to the previous 12 months.

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