FOR SALE
$800,000 - $880,000

15 Gratwick Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 850m2
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Renovate, Detonate or Develop (STCA) near Lalor Station 850SQM (approx)

Picture-perfect on an 850 sq. metre (approx.) allotment just metres from Lalor Station and Station Street shops, this classic 3-bedroom cottage beautifully marries its classic charm with the potential for an easy renovation or multi-site development (STCA).
A timeless layout sits beyond an inviting red brick facade, where original hardwood floors, high ceilings, and an undeniable sense of character sprawl through its traditional 3-bedroom layout. The opportunity exists to thoroughly renovate the home and further uncover its charm, or extend and maximise its lifestyle appeal in an up-and-coming area embracing its newly-found youthful exuberance.
The savvy lifestyle investor or developer will relish the 850 sq. metre (approx.) allotment's dimensions, stretching beyond expectations over a flat and clear expanse with only a storage shed hampering development dreams (STCA). Walk to the station, Coles and Woolworths grocery stores, Lalor primary and secondary schools, and Pacific Epping, with Westfield Plenty Valley and M80 and Hume Freeway access all nearby.
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Property Details for 15 Gratwick St, Lalor

15 Gratwick St, Lalor is a 3 bedroom, 1 bathroom House. The property has a land size of 850m2. The place is currently for sale with Iconek Estate Agents.

Building Type
House
Land Size
850m2

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About Lalor 3075

The size of Lalor is approximately 9.3 square kilometres. It has 27 parks covering nearly 11.6% of total area. The population of Lalor in 2011 was 19,873 people. By 2016 the population was 22,612 showing a population growth of 13.8% in the area during that time. The predominant age group in Lalor is 30-39 years. Households in Lalor are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor work in a trades occupation. In 2011, 73.6% of the homes in Lalor were owner-occupied compared with 70.6% in 2016.

Lalor has 9,935 properties. Over the last 5 years, Houses in Lalor have seen a 18.96% increase in median value, while Units have seen a 20.43% increase. As at 30 September 2024:

  • The median value for Houses in Lalor is $689,075 while the median value for Units is $500,001.
  • Houses have a median rent of $500 while Units have a median rent of $460.
There are currently 59 properties listed for sale, and 28 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 372 properties were sold in the past 12 months in Lalor.

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Alen Hewson
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Daniel Santamaria
Iconek Estate Agents
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