Property Auction Result

60 Elcho Rd, Lara VIC 3212

house 7

60 Elcho Rd, Lara VIC 3212

Sold `$1,440,000` on 1 May 2021

Distance To CBD: 56.94 km
Measure Land Size
Agency: Lara Branch Realty
Nearby Sold Price

Sold

Stamp Duty

^$80,670

*based on property value $1,440,000 for investment

Mortgage registration fee ^$108

Transfer fee ^$1,362

Stamp duty on property ^$79,200

Monthly Repayment

^$ 6,184

*based on loan amount $1,152,000 for principal and interest

Total interest payable ^$1,074,307

Loan Term 30 years

Annual Interest Rate 5.00%

Comparable Sold Properties

Address	Type					Sold Price
58 Eastlakes Boulevard Lara 3212	house	7	3	2	Mar 2023	`$900,000`
60 Elcho Road Lara 3212	house	7	4	8	Apr 2021	`$1,440,000`
50 Windermere Road Lara 3212	house	7	4	4	May 2015	`$800,000`
40 Minyip Road Lara 3212	house	7	2	7	Aug 2014	`$600,000`
68 Archimedes Avenue Lara 3212	house	7	2	6	Mar 2012	`$850,000`

Auction History - Lara, VIC 3212

2024 March

Address Price Result* Type Agent

35 Lakeside Blvd N/A W House 4 Lara Real

11 Lime Cr N/A W House 4 Buxton Lar

25 Cummins Rd $1,099,000 S House 4 Buxton Lar
2023 December

Address Price Result* Type Agent

9 Evergreen Ct N/A W House 3 Rendina Re

6 Archimedes Av N/A W House 4 Buxton Gee

Where Melbourne's immigrants were born

Lara, VIC 3212 (`53.95 km` to CBD)

Median House Price

$720,000

Median Unit Price

$482,500

Surrounding Suburbs

Nearby Train Stations

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