Penstone Crescent House and Land
Lara is a charming, leafy township located about 17 km northeast of Geelong and roughly 60 km southwest of Melbourne’s CBD, set in the City of Greater Geelong. With around 19,000 residents (2021 Census), it offers a unique blend of semi-rural tranquillity and commuter convenience.
The heart of Lara is centered around the redeveloped Lara Town Centre (also called Lara Village or Centreway), where you’ll find a Coles (since 2014), Woolworths (since 2016), McDonald’s, The Reject Shop, Anytime Fitness, banks, pharmacies, cafés, and specialty stores.There’s also a monthly community market at Pirra Homestead and multiple smaller shops and services nearby .
Families have access to several local schools. Core offerings include Lara Primary, Lara Lake Primary, St Anthony’s Primary, and Lara Secondary College (Years 7–12). Avalon College (for international students) adds extra educational diversity.
Nature lovers will thrive here—Hovell’s Creek winds through the suburb, connecting Lara Lake Reserve, Serendip Sanctuary (home to walking trails and wildlife), and the imposing You Yangs Regional Park with its bushwalking, mountain biking, and scenic lookouts. The town also offers a heated outdoor pool, skatepark, sports clubs (football, cricket, soccer, netball, baseball, bowling), golf course, tennis courts, and more .
Lara Railway Station on the Geelong–Warrnambool line is a commuter magnet: about an hour into Melbourne and under 15 minutes to Geelong. Frequent services (every 20 minutes during peak), part-time staffed station, and Myki Zones 2/3/4 overlap add to its appeal Additionally, CDC Geelong bus routes 10/11/12 serve the suburb. Road links via the Princes Freeway provide seamless connections to both Melbourne and Geelong, and Avalon Airport is just 10 minutes away
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.
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- Estimated Duration:
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- Enter any valid Suburb and click on the "Submit" button to see appropriate route details.
- The route details shown are returned from Google.
- Disclaimer: The exact location of the property may not be accurately shown on the map as in some cases the property suburb only has been picked. Any address can be provided upon enquiry. Please consider this when using the map and the Travel Time Estimator above.
Nearby Properties
Properties located within a 50-kilometer radius of the current property.
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