25 Macdonald Ave, Lalor Park is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 559m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
An incredible opportunity awaits in the heart of Lalor Park! This 2 bedroom home has been tightly held by its long-term owners and presents an exciting prospect for savvy investors and first home buyers alike. Nestled in a highly sought-after location, this property offers great potential for adding value through the addition of a granny flat, providing the perfect opportunity to maximize rental yield and increase your investment portfolio. This property is being sold in conjunction with its neighbouring property, giving buyers the unique opportunity to purchase one or both properties.
The home offers:
- Two generously sized bedrooms, with the main bedroom featuring a built-in wardrobe
The size of Lalor Park is approximately 2.7 square kilometres. It has 19 parks covering nearly 13.3% of total area. The population of Lalor Park in 2011 was 6,981 people. By 2016 the population was 7,666 showing a population growth of 9.8% in the area during that time. The predominant age group in Lalor Park is 30-39 years. Households in Lalor Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lalor Park work in a trades occupation. In 2011, 61.7% of the homes in Lalor Park were owner-occupied compared with 55% in 2016.
Lalor Park has 3,166 properties. Over the last 5 years, Houses in Lalor Park have seen a 62.75% increase in median value, while Units have seen a 25.38% increase. As at 31 October 2024:
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