Average rent in Lara, VIC — 2026

Lara sits close to the Victoria median, with renters typically paying $370/week — within striking distance of the state-wide $363/week baseline (ABS Census 2021). The suburb is largely owner-occupied: 77% of households own outright or with a mortgage, and only 21% rent. Housing stock is dominated by separate houses (90%), giving the suburb a settled, family-oriented character that's reflected in the median age of 37 and a population of around 20,817. The most common occupation is Professionals, and 17% of residents were born overseas. 55km from Melbourne, Lara is the kind of mid-market suburb that usually sees stable rent trajectories rather than rapid spikes — though state rent indices since 2021 are worth checking against your reported figure above.