OFF MARKET

1/25 Tramoo Street
Lalor VIC 3075

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 116m2
Land area: 303m2
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Property Details for 1/25 Tramoo St, Lalor

1/25 Tramoo St, Lalor is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 303m2 and floor size of 116m2.

Building Type
Unit
Year Built
1960
Floor Size
116m2
Land Size
303m2
Local Government
Whittlesea
Lot/Plan
1/PS741924

Last Listing description (September 2022)

The Phone Code for this property is: 27662. Please quote this number when phoning or texting.

This gem is the perfect first home or investment.
Get in touch before it becomes another missed opportunity!


--- Looking for a FIRST HOME? ---
Down the road from Lalor Train Station, shops and schools is this beautiful 3 bedroom property. With polished floorboards and a brand new bathroom, it is very easy to keep clean and maintain. The courtyard at the rear provides a peaceful escape and the trees at the front provide privacy from the already quiet street.
Extras include polished timber flooring and a single garage.

--- Looking for an INVESTMENT? ---
For the astute investor, this property is zoned in an area which allows for it to be developed further; potentially 2 duplexes.
Renters are guaranteed with high demand in the area due to the close proximity to the amenities of Lalor with rental rates being very lucrative.
The property is currently tenanted on a month-to-month agreement with the tenants willing to re-sign a contract with the new buyer.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 1/25 Tramoo St, Lalor, VIC 3075

A timeline of how this property has performed in the market
  • 08 Jul 2022
    Listed for Sale $700,000 - $750,000
  • 29 Mar 2022
    Listed for Sale $730,000 - $760,000

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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 9,961 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 62 properties listed for sale, and 34 properties listed for rent in Lalor on OnTheHouse. According to CoreLogic's data, 387 properties were sold in the past 12 months in Lalor.

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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.