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Sold on 14 Dec 2024 - Price Unavailable

1/23 Lynne Street
Lalor VIC 3075

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 211m2
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Property Details for 1/23 Lynne St, Lalor

1/23 Lynne St, Lalor is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 211m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Townhouse sold in Lalor in the last 12 months.

Building Type
Townhouse
Land Size
211m2

Last Listing description (December 2024)

Well Located & Practically Perfect

Immersed in peace & privacy, this tempting townhouse will fit right into your idea of modern living. Cleverly designed with comfort in mind, the spaces include an open-plan living, dining & kitchen combination expanding onto a sunny courtyard plus a separate study and two upstairs bedrooms share a handy main bathroom.

Extras include ground floor powder room, remote single garage with internal access, heating and cooling. With parks nearby and Lalor Plaza around the corner, this easy-care home is positioned in an in-demand lifestyle location within walking distance to Lalor East Primary and bus services en route to both train and tram.

Sale Terms: 10% Deposit / Balance 30 days
Age: 10 Years (approx)
Owners Corp Fees: $430 per quarter (approx)
Estimated Rental Return: $450 - $480 per week (approx)
Land Size: 211 sq mt (approx)

ON-SITE & ONLINE AUCTION
To bid online, you must register to bid by 4pm on the Friday prior to auction day.
To register, bid or view the live auction, visit: https://anywhereauctions.com.au/app/property?propertyId=49402

Contact Nick Petrvoski on 0412 838 020.

Property History for 1/23 Lynne St, Lalor, VIC 3075

A timeline of how this property has performed in the market
Last Sold
14 Dec 2024
Listed for Rent
$350/w
20 Dec 2021
  • 14 Dec 2024
    Sold for $470,000
  • 21 Nov 2024
    Listed for Sale $430,000 - $470,000
  • 23 Jun 2022
    Listed for Sale $350,000
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Local Area Liveability Score

5.7

This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:

  1. Walking time to a local facility
  2. Number of facilities within a 20-minute walk

The overall Liveability Score is made up of smaller sub-scores, as described below.

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Walkability
10/10
Schools
10/10
Parklands
10/10
Health
10/10
Shopping
10/10
Public Transport
10/10

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 46 properties listed for sale, and 32 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 381 properties were sold in the past 12 months in Lalor.

What's around 1/23 Lynne St, Lalor

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Suburb Insights for Lalor 3075

Market Insights
Lalor Trends for Houses
Median Value

$684k

3.60%
View Trend
Median Growth

-2.40%

View Trend
Median Rent

$510/W

13.33%
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Rental Yield

4.04%

13.48%
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (01/24 - 12/24)
Lalor Trends for Units
Median Value

$496k

0.96%
View Trend
Median Growth

-2.54%

View Trend
Median Rent

$467.5/W

15.43%
View Trend
Rental Yield

4.88%

10.66%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (01/24 - 12/24)
Neighbourhood Insights
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Contact agent
Nick Petrovski
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Ray White South Morang
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