26 Lorne StreetLalor VIC 3075
Property Details for 26 Lorne St, Lalor
26 Lorne St, Lalor is a 5 bedroom, 1 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Lalor in the last 12 months.
Last Listing description (November 2023)
Situated amongst established shops, schools and boasting a 2 street frontage is this well located opportunity for investors, home buyers and developers (STCA) looking to maximise their property portfolio.
Within close proximity to Lorne Street Pharmacy, Lalor Secondary College, Lalor Primary School, Lalor East Primary School, Lalor Train Station and the Station Street & May Road shops, convenience and exposure are paramount.
The property comprises of:
• 5 x rooms fitted with built in desks and storage
• Bathroom with shower, vanity and toilet
• 2 x powder rooms with toilet and vanity
• Kitchenette fitted with bench space and cabinetry
• Sitting area fitted with desk and adjoining office / storage
• Secure parking spaces with automatic sliding gate
• Additional off street parking spaces
• CCTV camera security system
• Automatic roller shutters on windows and entry/exits
• Alarm System
• Ducted heating and split system cooling
• Established pharmacy next door
Home buyers looking to cement themselves in this central, convenient location will find a truly unique and sizable opportunity. With several rooms and ample open space offering boundless potential and possibilities.
Additionally, builders and developers take note of the 2 street frontage. Explore the opportunities that a property like this can offer (STCA).
Property History for 26 Lorne St, Lalor, VIC 3075
- 23 Nov 2023Sold for $638,236
- 26 Oct 2023Listed for Sale Online Auction Saturday 25th November at 10am
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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 9,931 properties. Over the last 5 years, Houses in Lalor have seen a 21.03% increase in median value, while Units have seen a 24.33% increase. As at 31 August 2024:
- The median value for Houses in Lalor is $686,850 while the median value for Units is $503,304.
- Houses have a median rent of $500 while Units have a median rent of $450.
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