FOR SALE
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16 Richards Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Auction Time
Sat 8 Feb 11:30 am
Inspection Times
No upcoming inspections scheduled.
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POSITION WITH POTENTIAL

Sitting on a substantial rectangular allotment, this family home is sure to attract a variety of astute purchasers looking for a solid investment, with future capital growth in a prime location where you are within minutes to all essential amenities.
Leisurely stroll to Woolworths Supermarket, Lalor Train Station, bus services, High St strip shopping, cafes, eateries, the vibrant and multicultural hub of Station St/May Rd shopping precinct, only minutes to Pacific Epping Plaza Shopping precinct, Health Services and easy access to major road arterials including the M80 Ring Road Network.
Offering exciting possibilities with unlimited potential to renovate, extend or add your own personal touches, a wonderful framework to build upon and transform to suit a modern lifestyle or perhaps look to redevelop in the future (STCA) - the choice will be yours!
This home comprises a lounge room with dining/meals area, 3 good-sized bedrooms, an updated kitchen with stylish cabinetry, meals area, a central family bathroom, a sunroom and separate laundry, while the large rear yard provides the perfect space for outdoor leisure, gardening and kids to play and run around.
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Property Details for 16 Richards St, Lalor

16 Richards St, Lalor is a 3 bedroom, 1 bathroom House with 4 parking spaces. The place is currently for sale with Love Real Estate - Thomastown.

Building Type
House

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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 9,973 properties. Over the last 5 years, Houses in Lalor have seen a 12.34% increase in median value, while Units have seen a 15.59% increase. As at 31 December 2024:

  • The median value for Houses in Lalor is $684,152 while the median value for Units is $495,697.
  • Houses have a median rent of $510 while Units have a median rent of $468.
There are currently 47 properties listed for sale, and 32 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 382 properties were sold in the past 12 months in Lalor.

Suburb Insights for Lalor 3075

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Contact agent
Anwar Kattan
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Ryan Di Natale
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Love Real Estate - Thomastown
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.