FOR SALE
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107 Railway Avenue
Laverton VIC 3028

Bedrooms: -
Bathrooms: -
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Land area: 1205m2
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Great Opportunity for Developers and Investors!!

Reliance Urban Land proud to present this rare vacant land opportunity in the heart of Laverton. This rare land across Laverton Train station provides an opportunity for a range of developers looking to capitalize on one of the last blocks of vacant land in the immediate area.
This magnificent property represents a rare and unique opportunity to purchase a development site in a premium location. Development approvals have been granted on existing plans, comprising 22 Apartments moments to Laverton's leading local amenity. This site enjoys excellent proximity to major shops and several schools as well as easy access to highways, ensuring both resale and retention capabilities are endless.
Land size 1205 sqm
Key features:
• Prime Corner Allotment of approx. 1205 SQM
• Bustling location, appealing to families and investors.
• Distance from city 25 km and 5 min walk to Laverton train station.
• Walking distance to all amenities.
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Property Details for 107 Railway Ave, Laverton

Building Type
Land
Land Size
1205m2

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About Laverton 3028

The size of Laverton is approximately 3.8 square kilometres. It has 14 parks covering nearly 6.6% of total area. The population of Laverton in 2011 was 4,064 people. By 2016 the population was 4,901 showing a population growth of 20.6% in the area during that time. The predominant age group in Laverton is 20-29 years. Households in Laverton are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Laverton work in a labourer occupation. In 2011, 54.2% of the homes in Laverton were owner-occupied compared with 48.7% in 2016.

Laverton has 2,841 properties. Over the last 5 years, Houses in Laverton have seen a 11.65% increase in median value, while Units have seen a 17.02% increase. As at 30 September 2024:

  • The median value for Houses in Laverton is $666,579 while the median value for Units is $518,253.
  • Houses have a median rent of $450 while Units have a median rent of $493.
There are currently 34 properties listed for sale, and 15 properties listed for rent in Laverton on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Laverton.

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