FOR SALE
Auction Saturday 5th October 11:00am

22 Columbia Road
Lalor VIC 3075

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Land area: 534m2
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Auction Time
Sat 5 Oct 11:00 am
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No upcoming inspections scheduled.
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Huge investment potential

Unlock the potential of this well-located 3-bedroom home, boasting direct access to VR Michael Reserve. In its original condition, this property offers a solid foundation for those looking to create their dream space. The home features a welcoming front lounge room, a cozy meals area, and a functional kitchen, making it perfect for comfortable living.
Step outside to discover a fully self-contained granny flat, complete with a spacious lounge room, kitchen, large bedroom, and bathroom. This additional space presents an excellent opportunity for rental income or extended family living.
The property also includes a long driveway leading to a garage that easily accommodates a truck, caravan, boat, or multiple cars, providing ample parking and storage options. Additional features like heating and cooling, water tanks, undercover entertainment area and a shed enhance the property's appeal.
Location is key, with Epping Hospital, shopping centers, Costco, Dalton Village, and Lalor train station all within easy reach. This home offers the potential for significant rental returns, making it an ideal choice for investors, first-home buyers, or those looking to upsize.
Don't miss this unique opportunity to secure a versatile property in a highly desirable area!
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Property Details for 22 Columbia Rd, Lalor

22 Columbia Rd, Lalor is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 534m2. The place is currently for sale with Iconek Estate Agents.

Building Type
House
Land Size
534m2

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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 9,931 properties. Over the last 5 years, Houses in Lalor have seen a 21.03% increase in median value, while Units have seen a 24.33% increase. As at 31 August 2024:

  • The median value for Houses in Lalor is $686,850 while the median value for Units is $503,304.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 44 properties listed for sale, and 16 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Lalor.

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Alen Hewson
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Iconek Estate Agents
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