FOR SALE
$745,000 - $775,000

37 David Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 107m2
Land area: 674m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Large flat block with development potential

We are pleased to bring to your attention an exceptional investment opportunity situated at 37 David Street in Lalor. This property represents a distinguished prospect for discerning investors and developers.
Key Highlights:
Strategic Location: Positioned within Lalor, 37 David Street enjoys a strategic location offering convenient access to essential amenities, educational institutions, recreational facilities, and seamless connectivity to Melbourne's central business district. Lalor's burgeoning prominence as a desirable residential locale further enhances the investment appeal of this property.
Investment Potential: With meticulously crafted plans and fully endorsed permits for the development of three townhouses, this property epitomizes a turnkey investment proposition. Its pre-approved development status underscores the potential for substantial returns on investment within a dynamic and evolving real estate landscape.
Versatile Zoning: Benefitting from a zoning classification conducive to residential development, this property affords investors a versatile canvas to implement diverse investment strategies. Whether envisaging rental income streams, resale opportunities, or long-term capital appreciation, the property's zoning flexibility accommodates varied investment
For comprehensive insights or to arrange an on-site inspection, please avail yourselves to contact us promptly. Given the fervent demand for such prime opportunities, prompt action is advisable to secure involvement in this prestigious venture.
Sales Executive: Cheryl Freshwater
Phone: 0405 134 329
Sales Executive: Dev Sareen
Phone: 0420 652 850
View Statement of Information

Property Details for 37 David St, Lalor

37 David St, Lalor is a 3 bedroom, 1 bathroom House. The property has a land size of 674m2 and floor size of 107m2. The place is currently for sale with Raine & Horne Glenroy.

Building Type
House
Floor Size
107m2
Land Size
674m2

Commute Calculator

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 9,920 properties. Over the last 5 years, Houses in Lalor have seen a 15.61% increase in median value, while Units have seen a 20.23% increase. As at 31 October 2024:

  • The median value for Houses in Lalor is $688,714 while the median value for Units is $505,266.
  • Houses have a median rent of $510 while Units have a median rent of $460.
There are currently 73 properties listed for sale, and 36 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 362 properties were sold in the past 12 months in Lalor.

Lalor Profile Page

Suburb Insights for Lalor 3075

Visit Lalor profile page
Market Insights
Lalor Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Lalor Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Lalor profile page
Contact agent
Cheryl Freshwater
Show contact details
Call agent
Dev Sareen
Show contact details
Call agent
Raine & Horne Glenroy
Preferred contact:
Privacy Policy
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED