17 Messmate StreetLalor VIC 3075
Property Details for 17 Messmate St, Lalor
17 Messmate St, Lalor is a 4 bedroom, 2 bathroom House with 5 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Lalor in the last 12 months.
Last Listing description (March 2024)
Discover an exceptional development opportunity with this unique family home, boasting a prime location and impressive size.
Situated on a substantial 626m2 block (approx. 15.7m x 39.9m), this property offers dual street frontages on Messmate St & Scott St, directly aligned with May Rd in Lalor.
This property is an ideal find for those prioritizing location, size, and development potential.
Additional features include an attached double brick garage/workshop, complete with a summer kitchen, and an alfresco entertainment area surrounded by an established garden. Additionally, this property comes with a planning permit allowing 4 x 2 bedrooms townhomes, maximising your potential investment return, or, the ideal opportunity to create new homes for you and your family. With its considerable land size and dual frontages, this property presents a fantastic redevelopment potential as a multi-unit site (STCA), making it an excellent choice for those seeking a project with great promise.
Property History for 17 Messmate St, Lalor, VIC 3075
- 15 Mar 2024Sold for $980,000
- 24 Nov 2023Listed for Sale $999,000 - $1,098,000
- 12 Dec 2022Listed for Rent - Price not available
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0About 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.
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